Airtel Payments Bank now has over one billion transactions on its platform during September quarter 2021-2022, sources say. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Customers of Revolut were inconvenienced by a partial outage of services, leaving them unable to complete online payments for a while on Sunday, Dec. 26, the Irish Times writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Revolut Bank, part of the U.K. FinTech unicorn Revolut, has been granted a full banking license by the European Central Bank (ECB), the Bank of Lithuania (LB) recently announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Chime customers can now deposit cash at Walgreens locations around the country, the FinTech announced Monday (Dec. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
U.K. challenger bank Monzo is raising more than $500 million (£377m) at a valuation of $4.5 billion (£3.4bn) as it gets ready to take a deeper dive into cryptocurrency trading and further evolve its buy now, pay later (BNPL) product. Get the Full Story Complete...
British bank HSBC on Wednesday (Dec. 1) added a function to its mobile app that will let people invest in a suite of funds for a minimum of 50 pounds ($66.62) in a move that’s aimed at younger people across the U.K. and pits HSBC...
For a company that had been growing by about $10 billion a quarter for most of this year, the Tuesday (Nov. 30) announcement that Nu Holdings, the parent of Brazil-based Nubank, is scaling back the size of its planned initial public offering (IPO) marked a...
There are any number of ways to look at the emerging decentralized finance (DeFi) space, at least where banks are concerned. Some view it as an existential threat, while some believe that banks and DeFi can work together to create a new category of financial...
Digital wallet GoPay is teaming with Bank Jago, the technology bank from Indonesia, to work on more streamlined digital banking to help the vast number of unbanked and underbanked people in the country, a press release says. Get the Full Story Complete the form to...
