The Best Online Banks Right Now

Bank Innovation

Keeping your money in a bank is common sense at this point, but online banking is – unfortunately – not something many people have grown accustomed to, yet.

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How Online Universities Take Fraudsters To School

PYMNTS

Phone numbers, email addresses, usernames and other online signifiers have become vital to digital identity verification, as the world becomes increasingly connected.

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Online Lenders Prepare For A Recession

PYMNTS

Online lenders in the U.S. Reuters , citing interviews with half a dozen online lenders, reported the companies are worried that a recession could hit the U.S. It would be a test for many of the online lenders that haven’t lived through an economic downturn.

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How Starbucks Elevates Online Ordering In China

PYMNTS

In addition, online orders from Starbucks Delivers and Starbucks Now will be stored in an in-wall system with a pickup portal that is associated with every order. The news comes as the latest PYMNTS Mobile-Order Ahead Tracker found that almost half – or 45 percent – of customers say mobile options would encourage them to more frequently use online ordering services. Retail china coffee chain delivery Luckin mobile order ahead News online ordering QSR starbucks

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Hong Kong Issues More Online Banking Licenses

PYMNTS

The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi and a joint venture (JV) consisting of Tencent, ICBC and Hillhouse Capital.

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PayPal Invests $11M In Online Return Service

PYMNTS

PayPal ’s venture capital arm has invested $11 million in online returns service Happy Returns. “Happy Returns is building a network of physical return locations called Return Bars to enable in-person returns from online shoppers.”

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Square Rolls Out Online Store For UK Sellers

PYMNTS

Square , the payments provider, announced Tuesday (April 9) the launch of the Square Online store for U.K. In a press release , Square said the Square Online Store provides small and medium sized enterprises with one solution for their omnichannel or online-only business.

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How online gaming created a challenger bank

Chris Skinner

What was not surprising is that the lion’s … The post How online gaming created a challenger bank appeared first on Chris Skinner's blog. I was chairing a panel with a number of different players, one of which was Monzo.

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Online Retailers Face New Threats From Hackers

PYMNTS

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. That’s hardly the only recent hack involving online retail activity, nor the only form of such criminality.

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Real-Time Reimbursements Boost Online Shopping Satisfaction

PYMNTS

The rise in online shopping means more shoppers needing refunds on returned merchandise. Twenty-five to 30 percent of online orders are returned, three times higher than physical purchases.

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Degrees Of Fraud: Digital Identity At Online Universities

PYMNTS

Online universities have become common as more students seek convenient, flexible ways to earn degrees. Western Governors University (WGU), a nonprofit online university based in Salt Lake City, was founded in 1997 by 19 governors of western U.S.

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Online Grocery Ordering Coming To SNAP Recipients

PYMNTS

Big news is in the offing for Walmart , Amazon and other chains that offer grocery ordering online – they have gotten a formal “green light” from the USDA to offer that service to recipients of the Supplemental Nutrition Assistance Program (SNAP).

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Redfin Testing Online Real Estate Bids

PYMNTS

Redfin Chief Executive Glenn Kelman told The New York Times that at the end of March it started accepting online bids from people who aren’t represented by a real estate agent. Making an offer for a home online may seem like a no-brainer as everything moves into the digital world.

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Online Liquor Sales Are Booming – Can Digital ID Keep Up?

PYMNTS

As online food delivery services proliferate amid the battle for customer loyalty, and as grocery and related stores strive to gain more digital footholds, the online sale of alcohol is growing and becoming a bigger part of all those plans.

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How Card-On-File Is Changing Online Consumer Shopping

PYMNTS

When it comes to online shopping, one of the greatest frustrations for consumers — and friction points for merchants — is having to manually enter credit or debit card information for each purchase. percent use it for online subscriptions.

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PayPal Launches eCommerce Platform For Online Merchants

PYMNTS

PayPal announced on Monday (June 3) the launch of the PayPal Commerce Platform, which is designed to meet the needs of marketplaces, eCommerce solution providers and crowdfunding platforms.

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Online Porn Pays Off for Fraudsters

PYMNTS

Pornography also plays a role in online fraud and cyberattacks involving ransom, as demonstrated this week in a case involving a 24-year-old student sentenced to six years imprisonment in the U.K. accounts accessible online.

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Bebe Launches Revamped Online Store, Loyalty Program

PYMNTS

Bebe, eCommerce, online store, loyalty program, clubbebe, website, online shopping, women’s fashion, women’s clothing, retail, news. The retailer bebe has launched a new online store and an enhanced customer loyalty program, partnering with Branded Online on both projects.

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March Madness: Next Big Chance For Legal Online Sports Betting

PYMNTS

March Madness has a new flavor this year: legal online betting. billion – on their favored teams via sportbooks, either in person or online, with other bookies or just with friends. 3 Super Bowl on which bettors have been able to place legal online wagers.

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Yields Yielding (Poached) Customers For Online Banks?

PYMNTS

However, as noted by some research from Nerdwallet conducted on behalf of USA Today , across more than 2,000 adults, 21 percent have transferred funds to online banks that pay at least 2 percent interest. Digital Banking banking Chase Interest Rates investing jpmorgan News online banks

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Online Brands Focus On Mobile For Custom Children’s Eyeglasses

PYMNTS

Retail customization ecommerce eyeglasses Fitz Frames glasses News online orderingEntrepreneurs often start companies stemming from their personal experiences. Heidi Hertel founded Fitz Frames , for instance, after her experiences with buying eyeglasses with her children.

Stripe Says SCA Puts Billions Of Online Sales At Risk

PYMNTS

According to a report in The Financial Times , the new rules, which require more verification for online payments of more than €30 and go into effect in September, require big changes to processes and technology at retailers, banks and payment groups.

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Authentication Provides The Real Action For Online Gambling

PYMNTS

As online gamblers all but feast on the odds and brackets of the ongoing NCAA Division I Men’s Basketball Tournament in the U.S. – In that spirit, most consumers understand the need for a relatively involved onboarding process when first signing up for an online gambling site or service.

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Walmart To Accept EBT Cards For Online Groceries

PYMNTS

Walmart will now accept SNAP (Supplemental Nutrition Assistance Program) to pay for online grocery orders at all of its pickup locations, according to a report. Walmart has been adamant about the need to cater to low-income customers, saying that online shopping is not a luxury.

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Online Holiday Spending Already A Record-Breaker

PYMNTS

Christmas is just around the corner, and online holiday shoppers have been busier and spending more than ever, according to a new report. Online sales reached $80.3 It’s the largest online shopping period ever, beating out last year’s total of $67.7

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Millennials SME Owners Prefer Online Alternative Lenders to Tradtional Ones

Bank Innovation

Online alternative lenders are gaining momentum with U.S. SMEs have used online alternative lenders (P2P lenders or marketplace lending platforms) […]. DataBank Lending Online Open Fintech Startups alternative lender millenial investing SME lending

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Yields Yielding (Poached) Customers for Online Banks?

PYMNTS

Yet as noted by some research from Nerdwallet conducted on behalf of USA Today , across more than 2,000 adults, 21 percent have transferred funds to online banks that pay at least two percent interest. News Banks Interest Rates online accounts savings accounts

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Bringing The Farmers Market Online With Apps

PYMNTS

In the farm-to-table space, chefs (and consumers) might find it challenging to source local produce as producers may typically only supply one type of product. There might be one producer that grows a certain type of vegetable, while another company might bake bread.

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Online Retail Pumps New Fuel Into Warehouse Growth

PYMNTS

Online retail has had a tremendous impact on logistics, further evidence of which emerged on Monday (June 3). and other retailers to fulfill orders from online shoppers.” based online supermarket operation.

Retail 271

How Cannabis Merchants Seek To Clear The Online Sales Haze

PYMNTS

The need to address verification challenges is growing around the world, as customers rely more on online services for ordering food and drink, leading to fierce competition among delivery services. One-click ordering in the Amazon age has made consumers impatient for their products.

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Baidu, China Citic Online Bank Approved

Bank Innovation

China Citic Bank and search engine Baidu got the greenlight to go forward with their joint online banking venture. The bank will be exclusively online, according to reports, […]. Exclusive Lending Online Payments Retail Baidu China Citic Bank online banking

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Online Lender SoFi Debuts Two Free ETFs

PYMNTS

Online lender Social Finance (SoFi) is launching two free exchange-traded funds (ETFs). Loans etf financing FTC funds investments News online lending SoFi student loans What's Hot

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Jumio: Why Online Love Doesn’t Have To Attract Fraudsters

PYMNTS

Right now, though, we are talking about fraud, and how criminals use online data sites to steal from consumers in search of romance or, at least, some temporary companionship. Online Dating Scope. The appeal of online dating or marriage sites for con artists is pretty simple.

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Postmates Raises $100M As Online Food Delivery Heats Up

PYMNTS

But consolidation looms, according to some observers, and online food delivery services will eventually have to shift more focus away from consumers and toward restaurant operators in order to thrive in a crowded marketplace.

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Square Expands To Offer Retail Online Store, Improved POS App

PYMNTS

Square has two new offerings: the revamped Square Online Store and Square For Retail, introduced in an announcement by the company on Wednesday (March 20). It’s crucial that sellers are able to reach their buyers on any channel, whether in person, online, or in apps,” Rusenko said.

Retail 271

ShopRunner May Acquire Online Department Store Spring

PYMNTS

Two-day shipping platform ShopRunner is reportedly planning to acquire Spring , an eCommerce startup that runs an online department store. Spring’s online store carries fashion items as well as accessories from brands like Gucci and Levi’s.

Online 203

Chesapeake Bank Debuts Online Loan Product

PYMNTS

“We rely on ProfitStars’ products to improve the process for our business clients from the online application to account management, to ongoing service and reporting,” said Kevin Wood, managing director of Cash Flow at Chesapeake Bank, in a press release.

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FDA eCig Crackdown Boosts Appeal Of Online Authentication

PYMNTS

It might not have been inevitable, perhaps, but it was certainly expected: a regulatory backlash concerning the booming trade (both online and in brick-and-mortar stores) of eCigarettes , with their different flavors attractive to younger consumers — including underaged ones.

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Kuwait Bank Taps Ripple For Online Banking

PYMNTS

The National Bank of Kuwait (NBK) has announced that it will incorporate RippleNet blockchain into its online banking platform, offering 24-hour wire transfers to Jordan, with more countries being added soon.

Online 266

Digital Payments And The Online Workforce

PYMNTS

Online payment methods and digital technologies are coming into the working world. In healthcare, identity is taking center stage amid digitalization in the space.

Online 163

Carvana, BOA Team Up For Online Car Sales

PYMNTS

In an effort to bring customers an easier and more streamlined online car buying experience, Carvana, an online-only used car dealer, has teamed up with Bank of America, according to a release from the companies. “We

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DBS, Xero Create Online Payment Solution for Singapore SMEs

Bank Innovation

Singapore-based bank DBS has partnered with technology provider Xero to build an online payment solution for small and medium-sized enterprises, the companies announced today. Exclusive Online Payments DBS Bank online payments Singapore fintech SMEs xero

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Amazon Online Pharmacy PillPack Almost Ready For Debut

PYMNTS

PillPack, the online pharmacy acquired by Amazon in 2018 for $1 billion, is almost ready to make its debut on the marketplace, according to reports. Amazon ecommerce Haven Healthcare Marketplace News Online Pharmacy PillPack Retail What's Hot

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