In today’s top news in digital-first banking, Revolut notched $800 million at a $33 billion valuation, while Transcard launched a Smart Disburse product for companies, banks and FinTechs. Plus, the European Central Bank (ECB) has started the investigation phase of its digital euro program. Get...
In today’s top news in digital-first banking, Railsbank notched $70 million as it keeps growing its FinTech-as-a-Service platform on an international scale, while N26 is reportedly in fundraising talks that would value the firm at between $8 billion and $11 billion. Plus, FinTech Propel launched...
In today’s top news in digital-first banking, Better will be purchasing Trussle, while Carol Grunberg has been named head of Strategic Partnerships and Innovation for Citi’s treasury and trade solutions (TTS) unit in its Institutional Clients Group. Plus, Computer Services Inc. (CSI) launched its CSI...
In today’s top news in digital-first banking, U.S. consumers seem to be regaining their appetite for auto loans and leases, while SWIFT rolled out a service that lets banks check a recipient’s account information prepayment. Plus, the Visa U.S. Spending Momentum Index (SMI) registered a June...
In today’s top news in digital-first banking, CheckAlt is collaborating with LEVERAGE Payment Solutions to take on the challenges in supporting indirect loans, while Cross River Bank is reportedly in early discussions with potential suitors about raising roughly $200 million. Plus, Wells Fargo is reportedly...
In today’s top news in digital-first banking, Blend Labs Inc. intends to go public, while InComm Payments says it is working with Flexa to provide clients with a simpler way to accept digital currency. Plus, The European Commission is looking to create a new Anti-Money...
Indonesian digital bank Jago is planning to create user profiles from technology data that will help it develop and market financial products according to customers’ lifestyles, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
J.P. Morgan will take a 40 percent ownership stake in digital bank C6 Bank, according to a press release. 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...
Philippines’ Voyager Innovations, a payments startup, has raised $167 million in venture funding, according to a news release. The company plans to build up its FinTech division, PayMaya Philippines, and expand into digital banking and financial services. Get the Full Story Complete the form to...
