TD Bank Launches B2B Electronic Payment Service
TD Bank launched a payments solution enabling its small business customers to make and customize electronic B2B payments today. The...
Payments
Alipay’s Annual Active Users Soar 40% YOY
Alipay has over 700 million annual active users as of August 2018, according to an investor day presentation from parent...
Artificial Intelligence Takes Priority on Banks’ Innovation Plans
Banks and fintech ranked artificial intelligence and machine learning as their top innovation priority, according to a FinAi News survey....
Bank of America Merrill Lynch Launches Mobile Wallets for Corporate Clients
Only months after launching a mobile all for its corporate prepaid card customers, Bank of America Merrill Lynch continues to...
PayPal Launches Funds Now, a Feature for SMB Merchants
Payments company PayPal unveiled a new feature that gives merchants realtime access to funds from completed sales. The feature, revealed today, is...
To Cross-Sell to New Account Holders or Not to Cross-Sell?
Cross-selling new accounts or new products/services to consumers is damaging a bank's customer loyalty as well as causing existing customers...
SnapCheck Named Best Payments API by API:World
Digital check solution SnapCheck, a graduate of INV Fintech, this site's sister accelerator, was named Best Payments API (application programming interface) by...
Varo Money Announces Preliminary Approval for OCC Charter
The digital banking service Varo Money announced last night it had received preliminary approval for a national banking charter from the...
Which Fintech Companies Have Over 1 Million Customers?
Fintech startups, particularly neobanks, have long suffered from having great technology, but few customers using it. Simple and Moven had...
25 Million Mobile Users at Bank of America, But Only 2 Million Are On Erica
Bank of America might have 25.3 million active mobile users, and only 2 million of those users are using the...
