Payments

Royal Bank of Scotland will launch a new mobile bank and plans on moving one million of its NatWest customers...

Non-Prime Customers Are More Likely To Use Online-Only Banks, Study Finds

Digital banking is bringing more consumers than ever into the fold of the financial ecosystem, especially as branches, and other...

Mint Shutters Bill Payment Feature

One of the first standalone money management services, Mint, is shutting down its bill payment feature, though users will still...

HSBC Goes Live on SWIFT GPI (Global Payments Innovation) Service

HSBC is now live on SWIFT gpi, the payments service meant to enhance cross-border payments around the globe, the company...

Global Funding Deals for VC-backed Fintechs Reach All-Time High

It’s a good start to the new year for fintechs seeking venture capital backing. According to the latest report by...

CEO Spotlight: Ollie Purdue of U.K. Challenger Bank Loot

EXCLUSIVE – When college student Ollie Purdue set out to create the student-centered digital current accounts company Loot, the idea...

P2P Will Keep Expanding, Says Visa, But Cash is Still A Concern

EXCLUSIVE—With P2P payments growing, and growing, it might be time for providers such as Visa Direct to start experimenting with...

Reserve Bank of India Heads to Court Over Cryptocurrency Ban

The Reserve Bank of India, the country’s central bank, will be going to court over its cryptocurrency ban after all....

Fraudsters ‘Flourishing’ On Zelle, New York Times Reports

Bank P2P service Zelle is having some issues with fraud, with some customers reporting that hackers, exploiting weaknesses in the...

PayPal Ups Efforts on Prepaid Debit Cards, In-Store Payments