PayPal Active Accounts Could Further Soar With Walmart Partnership

• Tatjana Kulkarni
• October 19, 2018
• Exclusive, Innovations, Mobile, Online, Operations, Payments, PFM, Premium, Retail, Social Media

PayPal has added 9.1 million new active accounts surpassing 254 million net active users in 3Q18. And that number will likely grow significantly thank...

Fed Study: Noncash Payments Fraud Outpacing Growth Overall

• Jake Martin
• October 19, 2018
• Cards, Commerce, Exclusive, Online, Payments, Premium, Security

Noncash payments fraud in the U.S. outpaced growth in noncash payments overall between 2012 and 2015, according to a Federal Reserve Payments Study re...

The Evolution of Lending Through Fintech

• Brainwave Technologies
• October 18, 2018
• Lending, Open Fintech, Sponsored

The lending market is going through some major, rapid changes, and it’s more exciting than ever for consumers looking for attractive deals on their lo...

Consumers Would Be Comfortable Using Google or Apple For Taking Out Loans, Survey Finds

• Tatjana Kulkarni
• October 18, 2018
• Capital, DataBank, Innovations, Lending, Mobile, Online, Open Fintech, Payments, PFM, Premium

Banks need not fear large technology companies like Google or Apple taking their business. Digital banking continues to be the most convenient option ...

The Future of Banking Is Mobile and ‘Mostly Cashless’

• Jake Martin
• October 17, 2018
• Commerce, Cryptocurrency, Exclusive, Innovations, Mobile, Online, Open Fintech, Operations, Payments, Premium

The people have spoken. The future of banking is mobile and cashless, or at least “mostly cashless." That’s according to Bank Innovation’s annual Stat...

HSBC Bank USA to Launch Roboadvisor

• Tatjana Kulkarni
• October 17, 2018
• Artificial Intelligence, Exclusive, Innovations, Mobile, Online, Open Fintech, Premium

HSBC Bank USA will join the likes of Betterment, and Acorns by stepping into roboadvisor territory. For the task, HSBC has tapped Providence, R.I.-bas...

Virtual Banking Assistants Still Mostly Limited to Simple Transactions

• Tatjana Kulkarni
• October 17, 2018
• Exclusive, Innovations, Mobile, Online, Open Fintech, Payments, PFM, Premium, Retail, Social Media, Uncategorized

Virtual banking assistants seem to be all the craze lately. Just ask Bank of America, whose Erica crossed 3.5 million users, or Capital One’s Eno whic...

T-Mobile, with 76 Million Customers, Taps BankMobile for Banking Services

• Philip Ryan
• October 16, 2018
• Cards, Compliance, Exclusive, Mobile, Online, Premium, Retail

BankMobile, the mobile-first bank launched and (still) owned by Customers Bank, appears to have scored T-Mobile as client. BankMobile indicated in a S...

Venmo Hikes Instant Transfer Fee to Cash in on Realtime

• Tatjana Kulkarni
• October 16, 2018
• Cards, Exclusive, Mobile, Online, Open Fintech, Payments, PFM, Premium, Retail, Social Media, Uncategorized

Remember when P2P app Venmo added an instant transfer, but then said it would charge a $0.25 flat fee for it? Well, now Venmo users will be charged a ...

Fintech Service Fragmentation and Innovation Are Just Getting Started

• Maxpay
• October 15, 2018
• Sponsored

On the eve of the Money20/20 2018, where among the speakers are owners and top managers of Amazon, Virgin, Microsoft, and other giants, we interviewed...