Business Banking Startup Qonto to Launch Virtual Assistant Next Year
Running a business is hard enough without dealing with all of the pitfalls of legacy banking, which is why Qonto...
Payments
Bank of America, Chase Pull Ahead of Wells Fargo in Mobile User Growth
Overall, mobile banking usage is still growing, but more quickly at some financial institutions. Bank of America Corp., which reported...
Challenger Bank Monzo Starts Rolling Out Current Accounts
After two years of work, British challenger bank Monzo is finally rolling out its free current account product. The bank,...
Visa is Betting on Businesses, Not Consumers, to Win the War on Cash
The war on cash is resurging, but this time companies are more focused on other companies than they are on...
Consumer Mobile Banking Apps Continue to Grow, but Smaller FIs Need to Step up
The number of consumer mobile banking apps available is continuing to grow, but smaller banks are getting left out of...
Wells Fargo Sees Slow Growth in Digital Users, But at Least It’s Growing
Wells Fargo is seeing slow growth relative to its peers when it comes to digital customers, but after several stagnant...
Ant Financial, MoneyGram Deal Has Hit a (Permanent) RoadBlock
Ant Financial’s acquisition of MoneyGram is in trouble. For those which might have missed the beginning of this saga, Ant...
Stash Uses New Funding to Keep Focus on Underserved Investors
New platform, new services, new data analytics, but same old Stash. The micro-investing startup will be enhancing its platforms as...
PayPal’s New Apple Partnership Leaves Square on the Outskirts
Square may have Apple Pay, but PayPal is the one with access to the rest of Apple. PayPal will now...
Amazon Prime Day Sees ‘Record’ Shopping (Just Don’t Compare to Alibaba’s Singles’ Day)
Who sold it better — Alibaba, during 2016 Singles' Day or Amazon, during today’s Prime Day? With respect to Amazon’s...
