TD MySpend, Powered by Moven, Hits 270K Users
TD Bank in Canada announced a deal with Moven back in Dec. 2014, and only launched the service last month....
Banking
Faster Chip Payments Standard Is in the Works, MasterCard Says
The payment networks are coming together to work on a standard for speedier EMV transactions. As part of that effort,...
Why Do Banks Consistently Ignore Their Text Banking Apps?
Many banks have them. Many banks spend money on them. Nearly all of those banks ignore them. The "them" is...
Santander UK Pilots App Powered by Ripple
Real-time international payments are becoming ever-so real. Banco Santander’s UK unit partnered with San Francisco-based settlement system Ripple to launch a...
Bank of America Says ‘No’ to BofA Pay (For Now)
Bank of America said "No" to innovation labs last year. This year, while rivals JPMorgan Chase and Wells Fargo &...
TransferWise Valuation Tops $1 Billion, Will Target SMBs
London-based money movement startup TransferWise announced it has received a further $26 million in funding to expand into the small...
BBVA Builds Out Private Cloud Services with Red Hat Deal
BBVA has its head in the cloud. Through a partnership with Red Hat, announced today, the global bank has designed and...
MasterCard Expands Solution to Replace Cash in Global Trouble Spots
MasterCard is expanding its digital aid distribution services – MasterCard Aid Network – with the launch of Mastercard Humanitarian Aid...
Is Alternative Lending Terminally Ill?
Tremors are running through the alternative lending space. Prosper raised rates, cut staff, and saw a chilly reception from investors for its...
Wealth Management Still a ‘People’s Business,’ New Regions Exec Says
Digital advisory — a.k.a. robo advisory — is a trend to “watch closely,” according to Kate Randall Danella, Regions Bank's...
