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Category: Activity


Activity, Retail Banking

American Express outpaces rivals in digital satisfaction: J.D. Power study

June 14, 2021

Via: Payments Dive

J.D. Power’s study measured overall satisfaction with banking and credit card digital channels based on navigation, speed, visual appeal and information and content. The study, which was conducted in March and April, is based on responses from 17,011 retail bank […]


Activity, Corporate Banking

Mastercard launches new initiative to support minority-owned fintech start-ups

June 11, 2021

Via: FinTech Futures

The programme, part of the company’s Start Path initiative, aims to give minority-led start-ups access to the support and funding necessary to scale. Start Path participants will receive direct access to the company’s channels, customers and product teams as well […]


Activity, Channels, Retail Banking

U.S. Bank Survey: COVID-19 Accelerated Virtual Care, Healthcare Payments Digitization

June 10, 2021

Via: Yahoo

The COVID-19 pandemic had a significant impact on how consumers received and paid for their visits to hospitals, clinics, urgent care centers and doctor’s offices in 2020, a new survey from U.S. Bank revealed. The key findings: Virtual care and […]


Activity, Channels, Corporate Banking

AmEx, Synchrony bid to wrest Amazon card portfolio from JPMorgan Chase

June 9, 2021

Via: Banking Dive

American Express and Synchrony are among the bidders looking to replace JPMorgan Chase as the issuer of Amazon’s co-branded credit card, Bloomberg and Reuters reported Tuesday. JPMorgan could get a 15% premium on top of the balance — which is […]


Activity, Retail Banking

Citi eyes expanded US branch footprint alongside Asia pivot

June 7, 2021

Via: Banking Dive

Citi is looking to redouble its effort to grow its U.S. branch footprint, CEO Jane Fraser said Friday at the virtual Bernstein Strategic Decisions Conference, according to Business Insider. “I don’t believe branches are dead yet,” she said. “We will […]


Activity, Channels, Corporate Banking

Goldman Sachs taps Visa for cross-border payment upgrade

June 7, 2021

Via: Payments Dive

Cross-border payments have long been complicated, slow, and expensive for businesses, with a labyrinth of correspondent banks, compliance requirements and entrenched systems often bogging down the movement of money. Lately, digitization of services and new software tools have set off […]


Activity, Capital and Risk, Credit, Retail Banking

Tred partners with Nium to launch green debit card

June 4, 2021

Via: FinTech Futures

Due to be launched later this year, it will be the UK’s first green debit card that will let users track, reduce and offset their carbon footprint as they spend, and plant trees with profits. Demand for green fintech solutions […]


Activity, Corporate Banking, Investment Banking

Mastercard bets on matchmaker of small banks, fintechs

June 4, 2021

Via: Banking Dive

Synctera’s ability to haul in so much money probably has something to do with the marquee Silicon Valley name leading the company, CEO and co-founder Peter Hazlehurst, who headed ride-hailing company Uber’s management of global money flows. He left last […]


Activity, Channels, Retail Banking

eBay split from PayPal for paying sellers comes into effect

June 3, 2021

Via: Banking Technology

Previously eBay charged a flat 10% of the sale price, including postage, with PayPal taking a cut of 2.9% of the final amount, including postage, plus a small sum for each transaction. As of 1 June, eBay is charging a […]


Activity, Capital and Risk, Corporate Banking, Credit

TD Bank pledges $100M to minority-owned small-business lending

June 1, 2021

Via: Banking Dive

TD Bank’s recent pledge to boost lending to minority-owned businesses comes as a recent report from the Federal Reserve Bank of New York found that many Black-owned businesses, many of which lacked existing relationships with traditional banks, leaned harder on […]