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...
Spain’s High Court announced that BBVA is now under formal investigation related to an alleged spying case. 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...
A company called Glint Pay has launched a debit card that’s backed by gold instead of currency, according to a report in The Denver Post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
With their joint venture set to end next year, First Data (now Fiserv) and Bank of America said on Monday (July 29) that they will pursue independent merchant services strategies starting in June 2020. The companies, however, have an agreement to provide Bank of America...