U.K.’s Virgin Money to Launch Digital Challenger Bank
Make way for a new digital challenger bank. U.K.-based lender Virgin Money said it will offer current accounts and savings...
Payments
ACH Is a Sieve of Fraud That Needs to Be Fixed
EXCLUSIVE - This month, my company, Royal Media, was robbed. This was a civilized heist, mind you. No guns were...
Palmprint-Authentication Planned for Wells Fargo ATMs
EXCLUSIVE – Wells Fargo wants to enable biometric authentication at its ATMs, Bank Innovation has learned. “Palm prints are more...
Mastercard Wants to Innovate Payments (and Energy) With Solar
EXCLUSIVE—Mastercard plans to use its digital payments technology, combined with solar technology, to bring energy to those in rural areas...
Wells Fargo Has No Plans to Ban Cryptocurrency Purchases on Its Cards
EXCLUSIVE – Wells Fargo will not be joining some of the other big banks in banning its customers from purchasing...
Japanese Cryptocurrency Exchanges Report 669 Cases of Money Laundering
Japan’s cryptocurrency exchanges have reported a total of 669 suspected money laundering cases to the country’s National Police Agency, according...
‘Bitcoin Queen’ Margaux Avedisian Joins Bank Innovation 2018
EXCLUSIVE- If 2016 was the year of blockchain in financial services, the boom in cryptocurrency values in 2017 brought the...
Green Dot’s ‘Finest Year’ Built on Digital Products
EXCLUSIVE - Green Dot had its "finest year in history" in 2017, CEO Steve Streit said on yesterday's 4Q earnings...
Amex Looking to Woo Customers with Fee-Free Card
EXCLUSIVE— While millennials may not be quite as credit-shy as they used to be, gaining new credit users is still...
Japanese Cryptocurrency Exchange Glitch Almost Leads to $20 Trillion Loss
It's not a great time for Japanese cryptocurrency exchanges. Weeks after a major heist, another Japanese cryptocurrency exchange reported a...
