Current to add cash deposit feature
Current, a New York-based banking platform, plans to add a cash-deposit feature to its banking app by early August, following...
Payments
Former Wirecard CEO arrested, scandal prompts calls for reform
Wirecard AG’s former chief executive officer was detained by Munich prosecutors as the scandal over 1.9 billion euros ($2.1 billion)...
Mastercard takes step away from cards with $825 million deal
Mastercard Inc. made another push away from traditional card payments with an $825 million deal to acquire technology firm Finicity....
Checkout.com’s $150M Series B latest big bet on B2B payments
Business-to-business payments companies continue to score venture capital despite the market uncertainty caused by the COVID-19 pandemic. Checkout.com today announced...
Wirecard fights for survival as billions may not exist
Wirecard AG was left fighting for survival after acknowledging that 1.9 billion euros ($2.1 billion) that it had reported as...
Weekly Wrap: Banks tackle crisis CX and stand-alone brands
This week, Bank Innovation took a look a Verint report that ranked some of the country's biggest banks based on...
Too small to fail: Can small banks do what the giants can’t with digital offshoots?
Some of the largest banks in the world have stumbled this past year with their forays into stand-alone brands. Last...
Remitr debuts SMB accounts to speed global payments
Canada-facing business payments platform Remitr has launched Global Business Accounts (GBA) to help small Canadian businesses make cross border transactions....
BBVA partners with Visa Direct, tees up product expansion
BBVA is developing additional features and products for its Open Platform service after integrating with Visa Direct to bring real-time...
BMO Harris expands True Name, revamps customer conversations
BMO Harris has rolled out new features and employee training to accommodate the bank’s transgender and nonbinary customers. “We introduced...
