The pandemic has created a sense of urgency among corporates and small businesses to digitize, and financial workflows are no exception. Now unable to physically enter offices to cut checks and receive paper invoices, finance leaders have been forced to accelerate modernization efforts in order...
In today’s top news in digital-first banking, Cashplus received an unrestricted banking license from the Prudential Regulation Authority, while GajiGesa Indonesia has notched $2.5 million in a seed round. Plus, Stash is closing a $125 million Series G Eldridge-led funding round. Get the Full Story...
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In today’s top news in digital-first banking, PSCU company CU Recovery & The Loan Service Center grew its relationship with Advia Credit Union, while MoneyGram and Visa are collaborating to introduce a peer-to-peer (P2P) payment offering to people in Vietnam. Plus, Virgin Money has added...
Within financial services, artificial intelligence (AI) is typically deployed in various efforts to identify and stop fraud. But advanced technologies can also be leveraged to help financial institutions (FIs) operate more efficiently, improving the end-to-end payments experience for their consumers. Get the Full Story Complete...
To get a sense of the present state — and future — of instant payments, look to Italy. It has pulled ahead of its EU neighbors in developing real-time payments technology and in recruiting banks to adopt it. Get the Full Story Complete the form...
In today’s top digital-first banking news, challenger bank Dave has secured a $100 million credit facility from Victory Park Capital, while Plaid has revealed its Plaid Deposit Switch beta offering. Plus, German neobank N26 is seeking to make an acquistion in FinTech. Get the Full...
It may not seem to be an easy connection to make, but as financial institutions (FIs) continue their quest for innovation, they may learn something from a toy: Legos. Because fashioning new payments initiatives must mean paying attention to the small details and approaching it...
Plaid introduced its Plaid Deposit Switch beta product, which lets users set up or modify the destination of their paychecks. The FinTech says Deposit Switch comes with immediate and backup processes for consumers who are implementing recurring account funding, according to a Thursday (Jan. 28)...