Top

Tag: cash


Regulations

UK’s FCA proposes new rules to protect access to cash

December 8, 2023

Via: FinTech Futures

In accordance with the new powers granted to the FCA by the Financial Services and Markets Act 2023, the regulator says that designated banks and building societies will need to assess the gaps in access to cash, taking local factors […]


Capital and Risk, Credit

SumUp secures $100m credit facility to expand merchant cash advance product

August 9, 2023

Via: FinTech Futures

The company says its latest offering, SumUp Cash Advance, will help merchants in the UK finance their operations by furnishing advances of up to £20,000 based on their payment history. Merchants can then pay the advances back through payment acceptance […]


News

Three US cash trends persist, Fed report says

May 16, 2022

Via: Payments Dive

The Fed’s cash diary survey is conducted annually to collect data on U.S. consumer shopping and payment behaviors, with supplemental surveys added in the past two years to chart the impact of the COVID-19 pandemic. The report issued this month […]


Channels, Retail Banking

Beware the Fees That Come With Some Money Transfers on Apps

April 24, 2020

Via: The New York Times

Money transfer apps, which allow you to quickly pay friends and family through your smartphone, have grown in popularity in recent years. And the coronavirus pandemic has only expanded their use — to pay gig workers, make donations or simply […]


Capital and Risk, Credit

7 credit-card hacks to save up to $1,000 over the holidays

December 10, 2018

Via: Market Watch

Last year, Americans racked up more than $1,000 in debt during the Christmas season, a 5% increase from the year prior, and this year looks to be no different. But savvy consumers who employ the right credit-card strategy stand to […]


Capital and Risk, Liquidity

It’s ‘embarrassing’ to hold cash but there are few alternatives, says investment manager

May 7, 2018

Via: CNBC

High valuations across different assets classes are posing very few alternatives to investors, one investment manager told CNBC, adding he would rather sit on cash. The surge in valuations, mostly seen throughout 2017, has made equities, bonds and currencies more […]


Channels

Credit card payments surpass cash worldwide for the first time ever

September 27, 2016

Via: Market Watch

Is this the beginning of the end for cash? As consumers have increasingly used credit and debit cards and made purchases online and on apps, they’ve used less and less cash; in 2016, consumers will spend a greater amount on […]


Uncategorized

FIS Cardless Cash app wins two new US banks

February 12, 2016

Via: Banking Technology

Popular Community Bank and Oriental Bank are to deploy FIS Cardless Cash, a mobile banking app to withdraw money from many ATMs in the US. Financial services technology provider FIS and PayPal launched Cardless Cash in January 2015, as a mobile ATM solution that […]