Top U.S. Banks Are Investing Most in Personal Finance Fintechs
For all buzz around cryptocurrency and blockchain technology, surprisingly, the top U.S. banks have not been investing as much in...
Payments
OnDeck Expects Double-Digit Originations Growth in 2018
EXCLUSIVE—Online lender OnDeck grew originations and expects even more growth this year, according to its earnings call today. The New...
Realtime Payments Goes Live in Australia
Australia's realtime payments platform is live today. Right now, New Payments Platform (NPP) will enable customers of three of Australia's...
Payment Processor YapStone Raises $71 Million, While Competitor Dwolla Pulls In $12 Million
YapStone, a payments solution provider for global marketplaces, has raised $71 million in a Series C funding round. The round,...
Inside Barclaycard’s Co-Branding Strategy
EXCLUSIVE – What’s a bank to do when it’s core market is somewhere else and it’s trying to establish itself as...
Millennials Have More Banking Apps than Other Generations
Mobile banking has officially gone mainstream: 55% of U.S. adults have at least one full-service banking app on their phones...
Visa Buys SaaS Tech Firm Fraedom
Visa has acquired software-as-a-service company Fraedom for £142 million ($200 million). The London.-based Fraedom provides expense management solutions for financial...
Citigroup Opens Innovation Lab in London
Citigroup is setting up an innovation lab in London. The decision to set up this lab comes at the heels...
ACI Worldwide Preps BMO Bank for Realtime Payments in Canada, Zelle in U.S.
EXCLUSIVE – Canada is on a five-year plan to revamp its payment infrastructure, as of 2016. Bank of Montreal has...
For Payments, Banks Should Use Technology as a ‘Bridge’ for Client Needs, BNY Mellon Says
EXCLUSIVE— Banks are juggling a lot of change when it comes to the world of payments, but in order to...
