March 5, 2021
Via: Payments DivePayPal has been one of the few benefactors of the COVID-19 landscape, as consumers were forced to pivot from in-person contact and conduct most transactions virtually. But the company isn’t lowering its expectations as the end of the pandemic grows […]
February 11, 2021
Via: Bank DirectorDespite closed branches and masked interactions, the coronavirus pandemic may have actually improved customers’ relationships with their banks. They have digital channels to thank. That’s a shift from the mentality pervading the industry before the pandemic. Business lines like commercial […]
January 26, 2021
Via: Banking TechnologyThe company says its payment operations and treasury management solutions have experienced “explosive growth”. The software enables users “to instantly close books with continuous accounting, manage payments and banking through a single platform, and have complete cash visibility”. Last year, […]
January 7, 2021
Via: FinTech FuturesAccording to Reuters, Trump issued the executive order just 15 days before his successor, Joe Biden, is set to be inaugurated. It bans transactions in the US via major Chinese Big Tech wallet providers including Ant Group and Tencent. President-elect […]
January 6, 2021
Via: TechBullionMobile consumer trends have touched new heights with the outbreak of Covid-19 which has disrupted the global economy like no other with the trendline dipping with uncertainty. This disruption has given an opportunity to a lot of companies to increase […]
December 18, 2020
Via: Bank DirectorConsumers and businesses are increasingly choosing to complete financial tasks in digital channels, but banks have largely failed to evolve their customer service and support strategies. Traditional phone service models that banks have relied on for decades are notoriously frustrating […]
November 23, 2020
Via: FinTech FuturesPlex is a checking and savings account. Google says the banking challenger will have no monthly fees, overdraft charges or minimum balance requirements. Come 2021, the US Big Tech’s 11 bank and credit union partners will offer Plex accounts to […]
November 23, 2020
Via: FinTech FuturesSIA and Colt will help the ECB connect through a single access interface, the Eurosystem Single Market Infrastructure Gateway (ESMIG). ESMIG is a component in the implementation of the Target and Target2 securities and instant payments consolidation projects. The ECB […]
November 18, 2020
Via: FinTech FuturesConsumers largely welcome a more diverse range of payment choices, but do not always take advantage of them when managing their money. These are some of the latest findings of the 2020 ING International Survey on new technologies which provides […]
Capital and Risk, Channels, Credit
November 18, 2020
Via: TheStreetAlphabet’s Google (GOOGL) – Get Report said it expanded its Google Pay app to enable users to open back accounts, pay friends and manage budgets. The updated application debuted Wednesday. Alphabet partnered with Citi (C) – Get Report and Stanford […]