Mobile banking FinTech Varo Money has raised $45 million in Series B funding as it strives to become a mobile-only regulated bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Banks in the United Kingdom are dialing back their credit underwriting and other extensions of unsecured debt as concerns are mounting that rising household debt could destabilize the financial system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
ICBA Bancard, the payments services unit of the Independent Community Bankers of America, announced news on Wednesday (Jan. 10) that ICBA Bancard client banks can now access the NYCE Payment Network’s point-of-sale (POS) and ATM debit card services. Get the Full Story Complete the form...
Springboard, the credit card servicing application from CO-OP Financial Services, is being launched to credit unions this month, giving workers access to member card data in real time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
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No one likes being charged more than once for a transaction — one of the vagaries of living in a technology-fueled world — especially when it comes to commerce and banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Experts are facing a puzzle when it comes to business-loan lending. Loans have dropped to their lowest levels since the days following the financial crisis a decade ago — but no one seems to know why exactly this is happening. Get the Full Story Complete...
Aspiration, the online bank launched by a former speech writer for President Bill Clinton, has raised $47 million in Series B funding from a variety of celebrities and celebrity investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In a world where attacks on computers are nearly de rigueur at this point, it isn’t much of a surprise that U.S. banks have begun quietly doomsday-prepping for a successful apocalyptic attack on their computers by hackers. The goal is to head off a run...
