In today’s top digital-first banking news, FISPAN has joined Mastercard’s Start Path accelerator program, while Wells Fargo & Co is looking to sell its private-label credit card and point-of-sale (POS) financing arm. Plus, European Central Bank (ECB) President Christine Lagarde said the bank could make its...
Many businesses have benefited from the digital shift and lifestyle changes brought on by the coronavirus, but few have seen the kind of growth that the freelancer-banking app Lili has since the traditional economy went dark in March. Get the Full Story Complete the form...
In today’s top digital-first banking news, MercadoLibre has been granted a license from Brazil’s central bank, while payments FinTech Alacriti has teamed with Glia on new customer service options for payments needs. Plus, payment startup SumUp has been granted a new electronic money license from...
In today’s top news in digital-first banking, banks have tightened their loan standards per a survey from the Federal Reserve, while a watchdog organization warned banks about the risk of outsourcing key technology. Plus, Mizuho Financial Group is the latest bank to try to cash...
As eCommerce and B2B payments expand across borders, time zones and currencies, virtual international bank account numbers (IBANS) can pave the way for firms to capture online sales efficiently — and bypass the frictions of traditional banking relationships. Get the Full Story Complete the form...
In its March 2020 brief “Developments in Open Banking and APIs: Where Does the U.S. Stand?”, the Federal Reserve Bank of Boston said, “To date, U.S. regulators have taken a more hands-off approach by issuing non-binding guidelines, thus allowing industry stakeholders to pave the way...
If data is the oil that brings change to financial services, the pipelines are increasingly under scrutiny. 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 our...
In today’s top news in digital-first banking, BlockCard is teaming with peer-to-peer (P2P) bitcoin marketplace Paxful for a new crypto debit card, while the Federal Reserve Board has modified the terms of its Main Street Lending Program (MSLP). Plus, Surecomp has introduced financial crime solution...
In today’s top news in digital-first banking, Mastercard has unveiled its artificial intelligence (AI)-powered Cyber Secure tool suite, while Radius Bank has advanced in its relationship with application programming interface (API) company Treasury Prime with the launch of its Commercial API Banking Program and sandbox....
