Banking

Banking
Revolut Brings Open Banking To Germany In Deal With TrueLayer
November 17, 2020

Revolut announced Tuesday (Nov. 17) that, in collaboration with TrueLayer, it will expand into Germany. Earlier this year, the European digital bank had taken on Ireland, France and Italy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Today In Digital-First Banking: Mastercard Adds A2A To Business Payments Offering; Britain’s ‘Recognise’ Receives Restricted...
November 16, 2020

In today’s top news in digital-first banking, Mastercard has added a new account-to-account (A2A) product to its Track Business Payment Service, while Recognise has received a restricted banking license from U.K. regulators. Plus, U.S. consumers are paying down payments on credit cards as COVID-19 continues...

Banking
Today In Digital-First Banking: FISPAN Signs Onto Mastercard’s Start Path; Wells Fargo Looks For Bidders...
November 13, 2020

In today’s top digital-first banking news, FISPAN has joined Mastercard’s Start Path accelerator program, while Wells Fargo & Co is looking to sell its private-label credit card and point-of-sale (POS) financing arm. Plus, European Central Bank (ECB) President Christine Lagarde said the bank could make its...

Banking
People Keep Saving Despite Low Interest Rates
November 13, 2020

Interest rates on deposit accounts are hovering at near zero percent due to the COVID-19 pandemic, but that hasn’t stopped people from socking money away. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Galileo To Power Dave Banking App
November 12, 2020

Payments processor Galileo will be powering Dave Banking, a banking startup that services people without long credit histories, the company announced in a press release Thursday (Nov. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Railsbank Funding Shows That BaaS Is Heating Up
November 12, 2020

The money flows, and banking-as-a-service (BaaS) grows. 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...

Banking
UK BaaS Railsbank Closes $37M Funding Deal To Support US Growth
November 12, 2020

U.K. banking-as-a-service (BaaS) Startup Railsbank closed a $37 million funding deal co-led by MiddleGame Ventures and Ventura Capital. 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...

Banking
Freelance-Worker Banking App Lili Sees 700 Pct Boost During Pandemic
November 12, 2020

Many businesses have benefited from the digital shift and lifestyle changes brought on by the coronavirus, but few have seen the kind of growth that the freelancer-banking app Lili has since the traditional economy went dark in March. Get the Full Story Complete the form...

Banking
AI And ‘Side Effect’ Data Improve Business Banking Services For Corporates
November 12, 2020

Contextual banking will change the way traditional financial institutions (FIs) interact with their business clients. 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,...