Banking

Banking
Anda Launches, Driving Hispanic Financial Inclusion
January 03, 2022

Digital bank account Anda, launched by Assembled Financial, is striving to help the Hispanic population boost wealth with a cryptocurrency-centered rewards program, LA Business Journal reported on Monday (Jan. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
China’s Tencent Takes Stake in UK Challenger Bank Monzo
January 02, 2022

Tencent, the Chinese-based tech group, has a new stake in Monzo, which shows a big recovery in Monzo’s fortunes as it’s now valued at $4.5 billion, Financial Times writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
FinTech Challenger Bank Chime’s Claims of No Fees Hold up Under Scrutiny
December 29, 2021

FinTech challenger bank Chime can continue using terms like “no overdraft fees” and “no hidden fees” after the National Advertising Division (NAD) of BBB National Programs determined that the advertising for its “SpotMe” program disclosed the necessary information. Get the Full Story Complete the form...

Banking
First Northern Joins Alloy Labs to Launch Open Payments Network CHUCK
December 28, 2021

California’s First Northern Bank is joining the community and midsize banking consortium Alloy Labs Alliance to help the association advance its mission to drive technical creativity and vision for local banking, according to a Monday (Dec. 27) press release. Get the Full Story Complete the...

Banking
Airtel Payments Bank Crests 1B in Transaction Volume
December 26, 2021

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...

Banking
Some of Revolut’s Online Payments Impacted by a Service Outage Now Fixed
December 26, 2021

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...

Banking
Investments in Financial Education Empowers FIs and Their Customers
December 23, 2021

Financial institutions (FIs) that offer financial education to consumers find that it helps to build trust, Alexis Castorina, head of consumer education for Early Warning®, told PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Open Banking Series: Market-Driven vs. Regulatory-Driven
December 22, 2021

Today, in TechREG, we start a series of articles about open banking and its regulatory challenges and opportunities. In this article, we explain the two main policy approaches to open banking, and we include a prediction of which one is likely to have more followers...

Banking
Deep Dive: How FIs Can Tap APIs to Meet SMBs’ Shifting Banking Needs
December 22, 2021

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 daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...