In today’s top digital-first banking news, Singapore tech startup Sea has reportedly bought Indonesia’s PT Bank Kesejahteraan Ekonomi (Bank BKE), while credit union service organization (CUSO) PSCU has lengthened its payment processing collaboration with Fiserv. Plus, Vietnam’s MoMo has notched $100 million from a collection...
In today’s top digital-first banking news, British challenger bank Revolut is seeking a U.K. financial services license, while Capital One has agreed to join Fiserv’s surcharge-free MoneyPass ATM network. Plus, the Reserve Bank of New Zealand revealed on Sunday (Jan. 10) that it had been...
British challenger bank Revolut has submitted a banking license application to the U.K. Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In today’s top digital-first banking news, clients of BBVA subsidiary Simple Bank are reportedly getting emails telling them that Simple is closing and the intent is to move them to BBVA, while the Treasury Department announced that stimulus Visa debit cards are being mailed to...
California FinTech Green Dot is rolling out the mobile bank GO2bank to assist people who are living paycheck to paycheck. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
In a year that has seen almost unthinkable hardship and economic disruption from the global pandemic, two basic business tenets have emerged as key drivers of adaptation and progress. And according to Doug Brown, senior vice president and general manager of digital banking at NCR,...
In today’s top news in digital-first banking, Oxygen has completed a $17 million Series A funding round, while SVB Financial Group plans to acquire Boston Private Financial Holdings. Plus, China’s Banking and Insurance Regulatory Commission (CBIRC) is moving to build up at-risk rural banks. Get...
In today’s top news in digital-first banking, the United Kingdom might increase its limit on contactless payments, while The Bank of Jamaica has drafted regulations for the nation’s ePayments sector. Plus, banks could withhold stimulus checks to cover overdraft fees, although some larger financial institutions...
In today’s top news in digital-first banking, Gojek has invested in Indonesia-listed Bank Jago, while China might place limits on bank and FinTech partnerships. Plus, the U.S. Treasury Department has proposed broad new regulations on digital currency. Get the Full Story Complete the form to...
