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5 Campaigns to Increase Deposits Targeting Digital Wallets

South State Correspondent

In this article, we highlight the details of these digital wallets and provide bankers with five marketing campaigns to bring these deposits back on balance sheet. PayPal, Venmo, Apple Pay, Google Wallet, Samsung Pay, Starbucks, Cash App, Dwolla, and many others each have value banks can bring back.

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Neobank Joust Raises $2.6M To Improve Freelancer Payments

PYMNTS

The bank guarantees invoice payments and has a “PayArmour” feature for same-day funding, which is available as an app in Google Play and the Apple App Store. “We The bank combines an FDIC-insured account and a merchant account and accepts a variety of payments.

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Banks Push Back On Possible Banking Charters For Big Techs Like Amazon And Facebook

PYMNTS

Overseen by the Office of the Comptroller of the Currency (OCC), the charter would allow firms like Facebook, Google or Amazon to bypass the process by which they need to collect money transmitter licenses state by state. FDIC), the states and the courts.

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Southeast Asia B2B FinTech Keeps VC Wheels Turning

PYMNTS

With social distancing and an economic downturn the new reality for many markets around the world, venture capital is expected to slow significantly. Libeo said it will deploy the investment to expand its platform to more businesses free of charge as it helps firms navigate current market disruption. As an FDIC insured bank in the U.S.,

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Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger

PYMNTS

That alternative method of paying for purchases “on credit” got a boost with news this week that Visa Installments , a new point-of-sale (POS) credit solution, is being rolled out in pilot markets across the U.S. stores for Google Pay and Apple Pay users. This follows a pilot rollout in Russia last month. The account comes with 1.30

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For Marketplace Platform Payments Experiences, Is It Back To Basics?

PYMNTS

According to an FDIC study , 6.5 Google goes against Paytm in India: Google is pushing growth in digital Indian marketplace usage by adding businesses to its Google Pay platform , which supports online and mobile payments for small and medium-sized businesses (SMBs). percent of U.S. million households. Additionally, 18.7

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Seven Big Threats Facing Seven Big Tech And Payments Players This Halloween

PYMNTS

Google … and Ad-Supported Search . The category that Google innovated 20 years ago – ad-supported search – now appears to be one of its scariest things. Consumers don’t Google for takeout anymore – they go straight to Grubhub. Apple … and the iPhone Customer.

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