Neobank Monzo to Close Prepaid Card Services in April 2018
British challenger bank Monzo will shut down its prepaid card program in April this year, the bank said on its...
Payments
New App Emma Seeks to Be the Only Banking App on Your Device
EXCLUSIVE - There’s a new banking app in town - Emma. The British fintech company, which is still in beta,...
Battle of P2P Services: Venmo or Zelle
EXCLUSIVE - Owe someone money, rent to pay, bills to split? What is the favored P2P method – the bank-backed...
Payment Provider Flywire Acquires OnPlan for ‘More Flexible’ International Payments
EXCLUSIVE—International payments provider Flywire will acquire OnPlan Holdings, the parent company for OnPlanU and OnPlan Health, for faster and more...
Chase, Citigroup Display Strong Mobile User Growth as Wells Fargo Growth Dips
EXCLUSIVE— While mobile banking usage appears to be steadily increasing, some banks are getting better at it than others. Bank...
Indian Consumers Prefer Biometrics over PINs for Authenticating Payments
Indian consumers prefer biometrics to PINs or passwords to authenticate payments, a new report by Visa suggests. According to the...
Fintech Curve Moves Out of Beta and Eyes European Expansion
EXCLUSIVE—British fintech Curve opened its app for users in the United Kingdom today, allowing consumers full access to its host...
What You Should Know about Europe’s Big Payments Regulation PSD2
EXCLUSIVE - After more than two years of planning, Payments Services Directive II or PSD2 finally arrived in Europe on...
Startup RazorPay Receives $20M from Y Combinator and Tiger Global for its Payments Gateway
Indian fintech RazorPay has raised $20 million in a Series B for its payments gateway, the company announced yesterday. A...
Fingerprint Card Teams with Visa on Biometric Authentication Card
EXCLUSIVE – Biometrics is expected by many to make it big in the payments space this year. Just ask Fingerprints...
