PNB, Nymbus launch digital bank Facile
Miami-based Pacific National Bank is using a stand-alone digital brand called Facile to reach younger customers and position itself for...
Payments
IBM inks partnership with Canadian credit unions
A coalition of more than 75 Canadian credit unions wants to “future proof” its organizations through IBM. The coalition, Prairie...
Remitly taps Cross River to speed global payments as volume spikes
A new partnership between Cross River Bank and Remitly, a Seattle-based remittance company, has enabled Remitly customers to receive international...
5 Questions with Ben Soccorsy, Wells Fargo’s head of digital payments
In this monthly Q&A segment, Bank Innovation directs five questions to executives and industry thought leaders who highlight technology and...
Visa invests in tokenization amid e-commerce boom
Visa has onboarded 28 new tech partners onto its Visa Token Service platform, the company announced today. The move will...
Citi, Flywire move $2M to secure PPE for Boston hospitals
A partnership between Citi Commercial Bank and payments fintech Flywire benefited Boston health care workers last month. When Harvard Business...
Weekly Wrap: Google launches PPP solution and banks tackle social media
Banks and tech companies continue to launch Paycheck Protection Program solutions. Google recently got involved with three new tools backed...
Galileo looks to power fintech in Mexico
Galileo, the financial services API and payments platform behind big-name fintechs like Chime and Robinhood, announced its expansion into Mexico...
N26 adds $100M to Series D
N26’s Series D funding round refuses to end. The Berlin-based digital banking startup announced a $100 million extension of its...
Inside JPMorgan’s corporate payments and open banking strategy
JPMorgan Chase & Co.’s wholesale payments business has seen an increase in demand for open banking integrations from corporate clients...
