Revolut automates compliance workflows to fuel expansion
U.K.-based digital banking startup Revolut is expanding at a rapid clip. The company boasts more than 8 million customers across...
Payments
Varo’s bank charter process a test for consumer banking startups
This week, digital banking startup Varo received approval from the Federal Deposit Insurance Corporation, a significant milestone in the company’s...
UK card startup Curve sets up US shop
U.K.-based payments consolidation startup Curve has officially opened its first North American office in Brooklyn, N.Y., aiming to extend its products to a select...
Shopify shares soar with payment and point-of-sale financing growth
Shopify Inc. reported fourth-quarter revenue that topped analysts’ estimates and gave an optimistic forecast for this year, boosted by holiday...
Wells creates new digital innovation group as part of organizational overhaul
As part of a comprehensive organizational overall, Wells Fargo & Co. has created a group to focus on strategy, digital...
Mastercard wins approval to join China’s $27T market
Mastercard Inc. won approval to set up a bank card clearing business in China, gaining access to a $27 trillion...
Capital One’s Eno evolves to give proactive advice
Capital One is determined to turn its digital assistant Eno into an affable, personal finance watchdog to build loyalty between...
Jack Henry the newest core provider to offer a digital bank in 90 days
Core providers are rolling out digital bank toolkits that can launch a new offering within 90 days, and Jack Henry...
Bank of America scored 418 technology patents in 2019
Bank of America obtained more patents last year than any other year in the history of the company. In 2019,...
Weekly Wrap: Challengers court immigrants, as Kasisto evolves ‘banking brain’
Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, Feb. 7, 2019. In this...
