There aren’t many FinTech start-ups born out of viral Twitter posts. But in 2015, a tweet from a woman in Nigeria who had broken open a wooden box she had saved 1,000 Naira (about $5) in every day for a year sparked a conversation around...
Several virtual banks have been gaining advantage in Hong Kong by luring consumers to leave brick-and-mortar lenders, The Wall Street Journal reported Wednesday (Feb. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
HSBC executives, representing one of Mexico’s biggest banks, have told investors that the bank doesn’t want to buy out Citigroup’s consumer bank Banamex, Reuters reported Wednesday (Feb. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In today’s FinTech news, credit unions are finding that to compete like a FinTech, they need to grab a partner, while South African FinTech startup Stitch is striving to make it easier for businesses on the continent to build and scale innovative products. Get the...
Digital bank Zopa is introducing a hybrid savings account with multiple stash “pots” and the opportunity for boosted interest rates based on length of deposit time and withdrawal notice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Americans have opened new accounts, taken out additional loans and carried balances in the past year, and many showed preferences for managing all of this digitally. But they remain concerned about cybersecurity — and the real risk that sharing their financial data over multiple digital...
Banking, without a backward glance, is leaving the branch behind. 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...
Jump-starting a new business as an entrepreneur or solopreneur can be challenging no matter where an individual is based, but in Europe, business banking can be a nightmare as more established, traditional lenders often neglect individuals who do not have the typical 9-5 worker profile...
There’s a growing schism between banks and small business owners running independent ATMs in America’s vast swathe of gas stations, bars and bodegas, The Wall Street Journal reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
