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Category: Business Banking


Business Banking, Products, Regulations

Mastercard, Visa, eBay and Stripe follow PayPal’s suit and leave Facebook’s Libra

October 14, 2019

Via: Banking Technology

The Financial Times and Bloomberg reported the decisions by five heavy-weight backers to pull out of the project, which now leaves Libra with no major US payment processor following PayPal’s drop out too earlier last week. On Wednesday last week, […]


Business Banking, Products

Norway’s largest bank set to monopolise country with all-access mobile banking app

October 9, 2019

Via: Banking Technology

Last year DNB and Danske Bank became co-owners of the fintech. Now this joint acquisition is seeing Oslo-based DNB seek the “favoured” spot for Norway’s mobile banking app champion. “With access to every bank in Norway, DNB can now digitally […]


Business Banking, Products

Robinhood makes second attempt at launching a high-yield account similar to banks

October 8, 2019

Via: CNBC

Robinhood is giving banking another shot. Ten months after the failed launch of a checking and savings account, the free stock-trading start-up announced a cash management account with a 2.05% interest rate. The APY is more than twenty times higher […]


Business Banking, Products

Battle for zero trading fees threatens Robinhood’s business model and next leg of growth

October 4, 2019

Via: CNBC

A move by major brokerages this week to scrap trading fees could be a direct hit to Robinhood, the start-up that kicked off the trend six years ago. Charles Schwab, TD Ameritrade and E-Trade all announced this week that they […]


Business Banking, Products

Sticking Points in Recent Community Bank Deals

September 30, 2019

Via: Bank Director

Whether you plan to sell your bank or are in the market to acquire one, there are several sticking points that can delay the transaction. It can be helpful for both potential buyers and sellers to think about how such […]


Business Banking, Products

Securitize secures big bank backing in $14 million funding round

September 24, 2019

Via: Finextra

The firm, which last month won approval from the US Securities and Exchange Commission to act as a transfer agent and keeper of records, provides a full-stack service for issuing and managing digital securities. Carlos Domingo, co-founder and CEO of […]


Business Banking, Products

Mastercard gets more serious about commercial payments with new offering

September 12, 2019

Via: Market Watch

Mastercard Inc. is stepping up its efforts in commercial payments, announcing its new Mastercard Track Business Payment Service in conjunction with its investor day on Thursday. The new service could help Mastercard MA, -0.87% take a bigger piece of the […]


Business Banking, Products

U.S. Bancorp (USB) Acquires Talech, To Boost Digital Banking

September 10, 2019

Via: Yahoo

U.S. Bancorp USB recently completed the acquisition of Talech, a Palo Alto-based software company, thus taking another step toward digital banking, which has become essential in the technology-driven environment. Financial terms of the deal, however, remain undisclosed. Talech works to […]


Business Banking, Products

Volkswagen Bank choose OneSpan for cybersecurity

September 3, 2019

Via: Banking Technology

The partnership will see Volkswagen use OneSpan’s mobile application security to protect its financial transactions and secure compliance with the Second Payments Services Directive (PSD2). OneSpan, which works with half of the top 100 global banks, has created a bespoke […]


Business Banking, Products

PayPal backs global programme to help entrepreneurs tackling financial health

August 14, 2019

Via: Finextra

The three will work with local partners in the US, Latin America, Europe, the Middle East and India on the Finance Forward coalition. Finance Forward will run nine regional accelerator programmes and bootcamps over the next two years, helping entrepreneurs […]