Digital challenger banks are hoarding money to take on traditional banking competitors and have raised a total of $2 billion from eager investors, The Financial Times reported on Tuesday (Aug. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
British bank NatWest has been testing out Google Assistant compatibility to allow customers to do things like check their balance via voice assistant, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Venmo has added another option for instant transfer of money to a bank account, according to a blog post by the company on Monday (Aug. 12). “Having money in your Venmo account is an awesome feeling — it makes paying friends and family that much...
Monzo, one of the world’s largest digital banks, discovered a security flaw and is now asking half-million of its customers to change their personal identification numbers (PINs), TechCrunch reported on Monday (Aug. 5). Get the Full Story Complete the form to unlock this article and...
B-North has announced plans to open a network of small-business-only bank offices throughout the U.K. by the end of next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Big banks aren’t happy with the Federal Reserve’s plan to update its payments system that would allow for almost instant transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In an effort to make Singapore’s three million monthly cash withdrawals more digital, OCBC Bank has rolled out QR codes that customers can use at any of its 655 ATMs, the company said in a press release on Wednesday (July 31). Get the Full Story...
Mobile card services could be the Swiss Army knife of card management for consumers, because of the capabilities they can make easily accessible to the customer or business using them. Allowing users to turn their cards on and off, set spending limits, restrict usage based...
Three consortiums led by Taiwan and Japanese investors are getting the first virtual banking licenses issued by Taiwan’s Financial Service Commission (FSC), Reuters reported on Tuesday (July 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
