Singapore Bank Consortium Releases Blockchain Prototypes to Promote Faster Intra-Bank Payments
A consortium of banks in Singapore led by the Monetary Authority of Singapore (MAS) and The Association of Banks in...
Banking
Barclays Partners With Fintech Flux for New Digital Receipts Feature
EXCLUSIVE - British bank Barclays is teaming with fintech startup Flux in a trial that allows users to view digital...
Expect Prepaid to Grow, but With Fewer Cards, Mercator Says
EXCLUSIVE- Is the prepaid card market saturated? Not quite, based on insights Sue Brown, director of prepaid debit advisory service...
National Bank of Australia to Hire 600 Tech Experts to Compete with Fintech Industry
The National Bank of Australia (NAB) will create 600 new technology jobs. This announcement comes just a few weeks after...
Bank of America Lays Foundation for Merchant Payments-Focused Lab
EXCLUSIVE - After its recent partnership with digital product Innovation Company Stuzo, Bank of America’s merchant services business is laying...
PayPal Is Now Available in India for Domestic Operations
PayPal today announced that it would be available for domestic payments in India. The service has already been available in...
BNP Paribas Integrates WeChat Pay, Year After Its Alipay Launch
EXCLUSIVE - BNP Paribas opened Chinese mobile payment service WeChat Pay to its retail partners in Europe today. The payment...
U.S. Bank Adds Mobile Location Service in Time for Holiday Shopping
EXCLUSIVE - U.S. Bank added a location service to its mobile service that will include all the bank’s credit, debit,...
Capital One Abruptly Exits Home Financing Business
No more Capital One mortgages. The Virginia-based bank announced an abrupt closure of its mortgage and home equity origination business...
Apple Launches P2P Payments, Competing with Zelle, Venmo
Apple has launched its person-to-person payments service in the U.S. The feature lets users send and receive money through iMessage....
