Green Dot’s Banking-as-a-Service Revenue Is Now Equal to Product Revenue
Green Dot Bank's "banking-as-a-service" revenue has just about equaled product revenue, and may soon eclipse it, CEO Steve Streit said on...
Payments
Square, Stripe Flex Their Innovation Muscles with New Offerings
Square and Stripe, famous for their dongles and APIs respectively, have launched a series of products over the past two...
Turkish Bank Albaraka Launches Neobank in Germany
Bank-backed neobanks are giving traditional organizations the opportunity to cater to specific audiences, usually younger tech-savvy audiences. But lately, more...
Does a Bank Charter for Square Still Make Sense? CEO Jack Dorsey Thinks So
POS payments provider Square is still interested in pursuing a bank charter, but how? It may be more challenging given...
For the Record, Apple Pay Did Not Beat PayPal in Transaction Volume
Apple Pay crossed 1 billion transactions in the quarter ending on June 30, CEO Tim Cook said during company's earnings...
Digital Banking Consumers Still Don’t Fully Trust Online Bill Pay
Convenience, not trust, is why people choose to pay their bills online, according to Fiserv’s quarterly report on consumer payment...
Zelle Crosses 100-Million Mark in Transactions Processed
Like other P2P apps, bank-backed Zelle also experienced an increase in its payment volume in the second quarter, but at...
Stripe Takes on Marqeta with Card-Issuing Product
Payment processor Stripe’s latest platform puts it head to head with Marqeta, a major player in the card-issuing market. Yesterday,...
PayPal to Gain 30 Million Active Accounts by Year-end
Payments platform PayPal had $139 billion in total payment volume in 2Q18, up 29% YOY, and expects to add 30...
Transaction Volume for PayPal’s Venmo Surges
Venmo's payment transaction volume reached an all-time high in 2Q this year, PayPal reported. According to yesterday's earnings call, Venmo processed...
