Are Ride-Hailing Apps Responsible for Southeast Asia’s Growing Fintech Market?
Fintech in Southeast Asia is reaching new records for both deals and funding. One of the reasons for this rise...
Payments
3 Notable M&A Deals in Payments
Two of the biggest M&A deals in fintech history occurred in the past three months: Fiserv Inc's $22 billion purchase...
Mobile-First Checking Account T-Mobile Money Goes Nationwide
T-Mobile Money, a mobile-first checking account, has launched nationwide, the telecom giant announced today. The company touts the app as...
U.S. Bank Reaching Beyond Branches as 71% of Active Customers Are Now Digital
Coming off the launch of a revamped mobile app and the hiring of the bank's first chief digital officer, U.S....
Mobile Outpacing Digital User Growth at the Big Four U.S. Banks
The big four U.S. banks are adding more active mobile users than overall digital users on both a quarter-over-quarter and...
BofA Opening More Financial Centers to Support Digital Strategy
While many banks are shutting down branches, Bank of America is adopting a "high-tech, high-touch" strategy, which will result in...
New Mastercard Rewards Program Features Automatic, Instant Redemption
Mastercard today announced the rollout of a streamlined real-time rewards program that eschews the traditional multi-step path to redeeming rewards...
Citigroup Attributes Q1 Deposit Growth to Its Digital Channels
Citigroup's digital channels are crucial to growing its new-to-bank customer deposits, according to CFO Mark Mason, who reported single-digit YOY...
Nexi Raises $2.3 Billion in Europe’s Largest IPO in 2019
The initial public offering of payment-service company Nexi SpA raised 2.01 billion euros ($2.3 billion), making it the biggest listing...
Hackers Try Smaller Amounts Three Years After $100 Million Heist
Three years after hackers managed to siphon off more than $100 million from the Bangladeshi central bank’s account in the...
