Millennials Have More Banking Apps than Other Generations
Mobile banking has officially gone mainstream: 55% of U.S. adults have at least one full-service banking app on their phones...
Payments
Visa Buys SaaS Tech Firm Fraedom
Visa has acquired software-as-a-service company Fraedom for £142 million ($200 million). The London.-based Fraedom provides expense management solutions for financial...
Citigroup Opens Innovation Lab in London
Citigroup is setting up an innovation lab in London. The decision to set up this lab comes at the heels...
ACI Worldwide Preps BMO Bank for Realtime Payments in Canada, Zelle in U.S.
EXCLUSIVE – Canada is on a five-year plan to revamp its payment infrastructure, as of 2016. Bank of Montreal has...
For Payments, Banks Should Use Technology as a ‘Bridge’ for Client Needs, BNY Mellon Says
EXCLUSIVE— Banks are juggling a lot of change when it comes to the world of payments, but in order to...
Major Nordic Banks Join Hands to Form Cross-Border Ecosystem
Major Nordic banks are coming together to explore the possibility of a regional cross-border payment infrastructure between the different Nordic...
Canadian Crypto Exchange Coinsquare Lands $30M in Funding
Coinsquare, a Canadian cryptocurrency exchange, has raised $30 million in equity financing in order to help expand its growth, the...
Visa Has Not Changed Bitcoin Purchase Policies
EXCLUSIVE—Payment processor Visa has not changed any policies related to the purchasing of bitcoin, the company said. The company still...
TSYS Inks Partnership with JPMorgan to Supply B2B Virtual Card
Payments solution provider TSYS snagged a deal with JPMorgan to provide its Virtual Payment Precept card to the bank’s corporate...
U.K. Challenger Bank Coconut Partners with PrePay Solutions for Freelance Banking
United Kingdom challenger bank Coconut will partner with prepaid cards and services provider PrePay Solutions, or PPS, to enable the...
