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. There are many benefits to explore in this area, and it’s not a bad idea to check out what some online banking services can do for you […]. Innovations Mobile Online Open Fintech Operations Payments Retail Risk Security Social Media Sponsored Startups Brainwave Technologies Chime Bank CIT Bank TIAA

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Asian mobile operators can disrupt the online payments industry

Mobile Payments Today

Gerri Kordes, chief business officer at Fortumo, believes the growing mobile population in the region is a good opportunity for operators there to take advantage of the growth

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Afterpay CFO Drives Operational Excellence Through Back-Office Modernization

PYMNTS

For Laura Nadler , migrating away from paper became mission-critical mere weeks after she stepped into the role of CFO at Afterpay ’s North America operations. We can bring our own strategic lens and our operational skills to helping our business partners.

Ferry Operator Serving Cape Cod, Martha's Vineyard Attacked With Ransomware

PYMNTS

Eastern time stated, “The Woods Hole, Martha’s Vineyard and Nantucket Steamship Authority has been the target of a ransomware attack that is affecting operations as of Wednesday morning. Customers are currently unable to book or change vehicle reservations online or by phone.

Travel Comparison Platform Trivago Streamlines Operations For Expansion

PYMNTS

Global online travel search platform Trivago is in the midst of revamping operations and cutting expenses for future expansion post-pandemic, CNBC reported. First-quarter results showed an operating loss of €8.9

How Customer Reviews Provide Lifeblood For Restaurant Operations

PYMNTS

How Customer Reviews Provide Lifeblood To Restaurant Operations. Details gleaned online — including menus and reviews — carry a lot of weight when consumers are deciding where to dine. It has also showcased the importance of both online reviews and a robust social media presence.

Bank of America Turns to Electronification of Cash to Reduce Operational Costs

Bank Innovation

Capital Cards Corporate Exclusive Mobile Online Open Fintech Operations Retail artificial intelligence Bank of America credit cards Goldman Sachs Mobile banking Robotics ZelleEXCLUSIVE – Bank of America seeks electronification of cash not only as way to better serve its banking customers but also as an excellent way to reduce costs: according to Bank of America CEO Brian Moynihan, this digitization of cash can save the bank billions of dollars.

Co-operative Bank Of Kenya Teams With Thunes On SMB Transfers

PYMNTS

To roll out an alternative international money transfer offering called Co-opRemit, the Co-operative Bank of Kenya has teamed with international payment provider Thunes , according to an announcement. “We Co-operative Bank of Kenya works with 8.8

German Online Lender Kreditech Heads to India

Bank Innovation

EXCLUSIVE – German online lender Kreditech is making its way to India, Bank Innovation has learned. Compliance Exclusive Innovations Lending Mobile Open Fintech Operations Payments Consumer Lending digital lending India fintech Kreditech Mambu payment services provider PayUFor this expedition, the fintech has teamed up with SaaS banking platform Mambu for providing short-term lending products specifically tailored to local consumers.

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MercadoLibre To Funnel $1.1 Billion To Mexico Operation

PYMNTS

By the end of 2020, the company operated around 210,000 square meters (2.26 MercadoLibre’s fourth quarter earnings underscored the success of the online marketplaces that serve as gateways to the online experience for many nations around the world.

PROS To Work On B2B eCommerce Operation Launches

PYMNTS

Sellers have come to find it “crucial” to meeting customers where they live right now, which is through new online transactions during the pandemic. Instead, he said they should focus on setting up online payments first, ensuring that customers have the easiest experience possible.

Pandemic-Proof Finance Operations Are Cloud-First And Global

PYMNTS

Noting that some countries are able to operate more normally now than the U.S., As 2020 has proven, the cloud has won, and is the only meaningful path for modern financial commerce and operations.

Amazon Prime Day Set For September As Operations Stabilize

PYMNTS

This spring, Seattle-based Amazon went on a hiring spree, unable to keep up with the boom in online sales. Also, its Amazon Fresh grocery delivery arm was unable to handle all the stay-at-home consumers attempting to go on online COVID-19 shopping sprees.

Taking Digital Approaches To Marketplace, Restaurant Operations

PYMNTS

Online marketplaces have been essential for companies and consumers who want to transact under stay-at-home mandates, but these platforms need formidable security approaches in place to prevent fraudulent sellers from joining or scams from occurring.

Barclays Shuts Down Online Banking Services on Easter Weekend

Bank Innovation

Cards Compliance Exclusive Mobile Online Open Fintech Operations Payments Barclays Easter U.K. Barclays customers across Europe will not be able to use their mobile banking app this weekend. The major U.K. bank said it will be switching off access to 24 million customers as the bank restructures itself as required by national regulation. These changes were established by the Bank of England in 2011, and is referred […].

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BMO Harris Bank’s Rocky Rollout of Online, Mobile Upgrades Riles Customers

Bank Innovation

operations. A January 16 tweet announcing “new digital enhancements to online and mobile banking” was followed by a slew of customer complaints that spilled over into subsequent […]. Daily Post 1 Exclusive Mobile Online Open Fintech Operations PFM Premium Retail Sales & Marketing Social Media bmo harris Mobile banking online banking

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European Mall Operator Citycon Works On BOPIS Service

PYMNTS

To enable customers to shop from the complete selection of multiple mall offerings and retrieve their purchases from one place, European mall operator Citycon is creating a buy-online-pick-up-in-store (BOPIS) service.

Wells Fargo’s Mobile and Online Banking Outage Affecting Customers Nationwide

Bank Innovation

Wells Fargo customers nationwide are experiencing technical difficulty accessing the San Francisco-based bank’s online and mobile banking services. Cards Commerce Corporate Daily Post 2 Exclusive Lending Mobile Online Operations Premium Retail Risk Security Social Media bmo harris Mobile banking online banking social media strategy Wells Fargo

PayPal Is Now Available in India for Domestic Operations

Bank Innovation

Exclusive Mobile Online Open Fintech Payments Google google tez PayPalPayPal today announced that it would be available for domestic payments in India. The service has already been available in India for cross-border transactions, but starting today Indian customers can use PayPal in transactions with certain major domestic merchants. These merchants include movie ticket company BookMyShow, travel site Makemytrip, Yatra, and PVR. Back in August, […].

Amazon Eyes Deal For Stake In Rising Indian Mobile Operator

PYMNTS

The eCommerce company is in the early stages of exploring a deal to take a $2 billion stake in Bharti Airtel , India’s third-largest telecom operator, Reuters reported , citing three sources with knowledge of the talks.

Why Mexico’s SMBs Need A FinTech Operating System And Not Another Bank

PYMNTS

In an interview with Karen Webster, Vilash Poovala , founder and CEO of FinTech Oyster , said online financial platforms, powered by open banking, can serve as alternatives for business banking in a country where business banking seems an afterthought.

NY’s Cuomo Embraces Online Gambling; Shows Inroads Amid Pandemic

PYMNTS

Soon, you might be able to bet on it…literally, online and through mobile means. (OK, According to reports, Cuomo is set to unveil the proposal to legalize online gambling (he also seeks to legalize marijuana) in his state of the state address that is scheduled for next week.

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Epic Wings’ COO Talks Streamlining Restaurant Operations To Fast-Track Growth

PYMNTS

This expansion is facilitated by the chain’s streamlined operations, which Epic Wings President and Chief Operating Officer Rob Streett likens to In-N-Out’s model. “We M]aintaining a tighter menu offering [a]llows for tighter operations,” Streett told PYMNTS in an interview.

How The B2B Mid-Market Drives Loyalty Through Online Payments

PYMNTS

Corporate buyers are quickly shifting their purchasing habits online, and seeking more efficient experiences from product sourcing through to checkout. A great example would be buy online, pick up in-store," noted Bachalli.

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BofA Offers Free Credit Score Info Online

Bank Innovation

Cards Operations Bank of America credit scores FICO scoreBank of America is now offering its customers free access to their credit scores within the bank’s website, according to an email sent to customers today. The functionality is provided by the credit bureau TransUnion. Customers can now enroll to receive monthly updated Fico scores through email, by logging in their Read More.

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Online Gaming Places Its Bets On Real Time Payments

PYMNTS

Online gaming payments provider Mazooma aims to make it easier for online gamblers by offering the option to have their winnings paid out immediately into their bank accounts on demand. There is always some sport or another in season — which means sports betting is always in season.

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Deep Dive: How Businesses Are Preparing Their Workers, Payments Operations For A Digital B2B Future

PYMNTS

This month’s Deep Dive examines how mobile and contactless payment options are poised to reshape the corporate payments ecosystem as well as how virtual cards can help businesses adapt their operations to the digital-first payments ecosystem that has emerged. .

Ingo’s Edwards Plays The Inside Straight On Online Gambling

PYMNTS

And that opened up an entirely new playing field for online gaming establishments now free to operate in any state that would allow them. But now gaming and sports betting is moving online and regulators are just now trying to figure out how to manage it.”.

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Online Gambling And The Challenges Of Betting On Instant Disbursements

PYMNTS

The COVID-19 pandemic has had a noted effect on how several industries can operate and interact with their customers during this time including retail stores, movie theaters and casinos. The Impact Of COVID-19 On The Online Gambling Industry.

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SoFi, Coinbase Get the Green Light to Operate in New York

Bank Innovation

After waiting a year, the lender SoFi received the thumbs up to operate in New York, CFO Michael Tannenbaum said recently. Commerce Compliance Lending Online Payments Startups Technology Bitcoin Circle Coinbase ItBit marketplace lending SoFiAh, New York: If you can make it here, you can make it anywhere, but to even try, you need a license. Luckily, SoFi and Coinbase just got theirs.

Odds Are That Online Sportsbook Wins Big Post-COVID

PYMNTS

Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. DraftKings signed a multiyear deal in 2019 to be an authorized NBA betting operator.

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Open Banking Meets Instant Payments At The Online Checkout

PYMNTS

Building on top of the open banking infrastructure, PayDirect is a new payment method that enables companies to take online payments in a highly secure way, and also pay out to customers through the same rails. I mean, how does a piece of plastic have anything to do with online?

ALDI To Test Online Grocery Ordering At UK Stores

PYMNTS

ALDI said it plans to expand its “click-and-collect” online grocery pickup service to 15 stores across the country, the Financial Times reports. We have to make sure that whatever we do fits with our low-cost model,” Giles Hurley, head of ALDI’s operations in the U.K.

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Epic Games Buys Online Marketplace ArtStation

PYMNTS

As part of Epic, the company will be allowed to operate independently, collaborating with the Unreal Engine team. Epic Games has acquired ArtStation , according to a company blog post.

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Easing SMBs’ Digital Transformations Through Online Payment Acceptance

PYMNTS

Among the numerous ways small businesses have been affected by the global pandemic, the sudden race to launch online operations has been among the most profound — and may ultimately be among the most long-lasting changes to the SMB community.

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