Bank Jago plans to start offering some banking services in mobile apps ahead of its rollout of full-fledged products, Bloomberg reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In today’s top news in digital-first banking, Plaid is introducing Plaid Income in an effort to streamline the income verification process, while Revolut Bank has rolled out services to 10 more European nations. Plus, Hippo Enterprises Inc. plans to go public by merging with a...
FinTech startup Plaid is introducing Plaid Income, a product intended to streamline the income verification process, making it easier for consumers to get loans, rent apartments and more, according to a company blog post. Get the Full Story Complete the form to unlock this article...
Banking industry upstart Revolut Bank said Thursday (March 4) that it has rolled its services out to 10 more European countries. The London-based company said customers in those countries can now benefit from its “European specialised banking license” that includes “a deposit-guarantee scheme,” Revolut said...
In today’s top news in digital-first banking, PNC Bank has joined The Clearing House’s CHIPS network, while the U.K.’s Financial Conduct Authority (FCA) is increasing the limits on contactless payments. Plus, Xendit has raised $64.6 million in a Series B funding round. Get the Full Story Complete...
Operations were frozen at Greensill Bank after Germany’s Federal Financial Supervisory Authority (BaFin) filed a criminal complaint against the financial startup, the Financial Times reported on Wednesday (March 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The digital shift has spurred a mass epiphany about physical bank branches. 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...
Square gets a bank – and so, now what? It may be the case that the proverbial floodgates have opened for FinTechs to leverage what we might think of as the “industrial bank” operating model, in order to meld digital-first operations with traditional banking services. Get...
The pandemic has quickly pushed the payments world toward the direction of “hands-off.” The rise of contactless payments and digital banking will attest to that. But that doesn’t mean banks can leave consumers to figure out their financial lives on their own. In fact, the...
