EU Banks Must Support Biometric Authentication by April 2019, Mastercard Says
Payments provider Mastercard has issued a deadline for the availability of biometric authentication across its cards, stating that all customers...
BofA Eliminates Free Checking Accounts, Now Charging $12 Fee to Low-Balance Customers
EXCLUSIVE- Bank of America has quietly shuttered its free checking account, now requiring customers to keep a certain minimum balance...
As New Technologies Falter, Identity Remains a Top Concern for Businesses
EXCLUSIVE—Facial recognition and other forms of biometric authentication may not have their golden moment in 2018, as the recent iPhone...
DBS, Xero Create Online Payment Solution for Singapore SMEs
Singapore-based bank DBS has partnered with technology provider Xero to build an online payment solution for small and medium-sized enterprises,...
There’s No Room For Another Consumer Payment App in the U.S.
EXCLUSIVE— The march of mobile banking and payments continues across the U.S., but it may be smarter for those startups...
FX Traders Are ‘Extremely Likely’ to Use Mobile Trading Apps, Survey Finds
FX trading could, like a variety of financial services, be conducted primarily through a mobile device in a few short...
Almost $400M Worth of U.S. ICO Funds Are ‘Lost or Stolen,’ EY Report Says
While ICOs might be growing more popular as a way of raising capital, the investing method is struggling under its...
SEC Expresses ‘Investor Protection Issues’ On Bitcoin ETFs While Currency Wobbles to $10K
EXCLUSIVE—The U.S. Securities and Exchange Commission, or SEC, has expressed serious reservations regarding bitcoin ETFs, in a public letter published...
Varo Money Raises $45M To Become ‘A National Bank’
Startup Varo Money has raised $45 million for its plans to become a full-fledged, “national bank,” the startup announced yesterday....
Neobank Monzo to Close Prepaid Card Services in April 2018
British challenger bank Monzo will shut down its prepaid card program in April this year, the bank said on its...
