U.S. Banks Officially Launch Their Realtime Payment System
The realtime payments system created by The Clearing House, owned by U.S. banks, is officially up and running as of...
Payments
Singapore Bank Consortium Releases Blockchain Prototypes to Promote Faster Intra-Bank Payments
A consortium of banks in Singapore led by the Monetary Authority of Singapore (MAS) and The Association of Banks in...
Standard Chartered to Power Banking Chatbot with Kasisto’s KAI Platform
Standard Chartered bank has plans to create a banking chatbot using Kasisto’s KAI banking platform, the bank announced today. The...
Barclays Partners With Fintech Flux for New Digital Receipts Feature
EXCLUSIVE - British bank Barclays is teaming with fintech startup Flux in a trial that allows users to view digital...
Users Can Now Crowdfund Purchases Through PayPal Money Pools
Payments company PayPal has announced a new feature that allows users to crowdsource funding for a personal life event, group...
Alipay Dominates Alibaba Singles Day With 90% of Transactions
China’s Alibaba Group processed nearly 1.5 billion transactions yesterday during its Singles Day shopping event, with most of these transactions...
Expect Prepaid to Grow, but With Fewer Cards, Mercator Says
EXCLUSIVE- Is the prepaid card market saturated? Not quite, based on insights Sue Brown, director of prepaid debit advisory service...
Goldman Sachs CEO is the Latest to Call Bitcoin a Bubble as Currency Dips Below $7,000
Goldman Sachs CEO Lloyd Blankfein is the latest banking executive to raise concerns over bitcoin, as the currency shot down...
National Bank of Australia to Hire 600 Tech Experts to Compete with Fintech Industry
The National Bank of Australia (NAB) will create 600 new technology jobs. This announcement comes just a few weeks after...
Bank of America Lays Foundation for Merchant Payments-Focused Lab
EXCLUSIVE - After its recent partnership with digital product Innovation Company Stuzo, Bank of America’s merchant services business is laying...
