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Today In Payments: MineralTree Raises $50M, Buys Two Companies; Robinhood Raises $460M

PYMNTS

The new funding is an outcropping of the Series G round unveiled in August for the firm, which is said to have helped millennials become interested in trading. Mastercard Expands Digital Card Program To Include Instant Access, eWallet. Mastercard Expands Digital Card Program To Include Instant Access, eWallet.

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Why Community Banks Can’t Afford To ‘Wait and See’ About Faster Payment Innovations

PYMNTS

In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. Many players in the financial services market were already launching innovative solutions without knowing which guidelines the Fed would recommend for the U.S. faster payments system.

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Deep Dive: How FIs, Customers Are Navigating The Coronavirus-Inspired Spike In Digital Banking Demand

PYMNTS

Customers can use mobile banking services to do everything from check account balances and pay bills to temporarily shut down misplaced debit cards. Data from a 2018 survey showed that 43 percent of millennial consumers had given up on mobile banking activities that felt too complicated or lengthy, for example.

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Prepaid’s Summer Of Uncertainty

PYMNTS

Brad Fauss, CEO of the National Branded Pre-Paid Card Association and MPD CEO Karen Webster dug into the potential for these rules to create the kind of inconsistencies that could very well disadvantage the very consumers that the CFPB intended to protect. Who Uses Prepaid Anyway? So far, so good.

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Commanders In Chief: Why The Pace Of Innovation Is A Good Thing

PYMNTS

That’s the question Brian Dorchester, EVP of Operations at First American Payment Systems , explored in this week’s Commanders In Chief series. Together, participating payments professionals and acquirers are working to decide how to handle operations and manage risk in the changing environment.

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Tune In: Best PYMNTS (or Payments) Podcasts Of 2019

PYMNTS

As Green Dot Chief Revenue Officer Brett Narlinger told Karen Webster, the same holds true for banks, particularly when it comes to millennial and Gen Z consumers. Digital has changed much of that, by giving consumers more options for how and where they shop, and certainly how and with what they pay. How IoT Can Make Payments New Again.

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