A new FinTech called Fintron, which offers an app for banking, investing and financial education, will work with LendingClub Bank, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In today’s top news in digital-first banking, Lili has notched $55 million via a Series B funding round, while MiCamp Solutions has purchased American Bank Payments in conjunction with joint venture partner Twenty20 Payments. Plus, Bottomline and Autobooks are collaborating on small and medium-sized business...
Beyond peer-to-peer (P2P) payments, the shift to real-time payments spurred by the pandemic is poised to change the way we keep the lights on, the Netflix account paid, the doctor visit payment plans squared away. Get the Full Story Complete the form to unlock this...
In today’s top news in digital-first banking, Better has plans to go public by merging with a blank-check company, while Revolut debuted a wide range of features and offerings for retail customers. Plus, OCBC Bank said it is harnessing the Visa Commercial Pay Mobile solution...
Consumers are continuing the pandemic-fueled habit of paying off credit card balances, a practice that now has bankers more than a little worried, The Wall Street Journal reported Tuesday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
It’s the one question that Matt Cole, CEO of Secure Enterprise Transactions at IDEMIA, told Karen Webster that his firm now increasingly hears from banks: How can financial institutions (FIs) cement trust with their customers in an automated fashion to enable digital-first experiences? Get the...
In today’s top news in digital-first banking, the National Payments Corporation of India (NPCI) won’t be blocking cryptocurrency trades, while Citigroup is looking into the rollout of services to support cryptocurrency. Plus, Kazakhstan is the latest nation to think about a possible central bank digital...
The Consumer Financial Protection Bureau (CFPB) is looking into some of U.S. Bancorp’s consumer sales practices, according to the financial services company’s 10-Q filed this week. U.S. Bancorp said in the filing that it has responded to the CFPB and continues responding to the Bureau....
While often referred to as a leading digital bank, Chime is not technically a bank and will no longer be referring to itself as one to appease a California regulator who took issue with FinTech’s loose use of the term. Get the Full Story Complete...
