Remote tellers: A strategy for broadening banking options during social distancing

by Daniel Dawson

Daniel Dawson, an associate at RBR, explains why video banking may provide a solution for financial institutions concerned about social distancing when they…

Visa's Fast Track fintechs help with pandemic recovery

May 8, 2020

Several fintechs that are part of Visa's Fast Track program and remain focused on helping recovery efforts post-pandemic are seeing surges as restrictions ease…

Treasury Prime raises $9M to link banks with fintechs

May 6, 2020

Treasury Prime, a San Francisco-based banking software startup, has raised $9 million in a Series A funding round led by Amias Gerety of QED Investors. 

London-based fintech Revolut launches bank in Lithuania

May 4, 2020

London-based fintech, Revolut, having received its European banking license in late 2018 from European Central Bank and Bank of Lithuania, is expanding its…

Fiserv raises PINless transaction limits at Accel to $100

May 4, 2020

Fiserv Inc. is temporarily doubling the limit for eligible transactions without a PIN code on its Accel debit payments network to $100 from $50, amid the…

Euronet Worldwide acquires Dolphin Debit

by Pat Shea — Editor, NetworldMedia

May 1, 2020

RBS shuts down digital bank Bo, merges accounts into Mettle

May 1, 2020

USA Technologies moves annual meeting to May 21 to update proxy materials

April 30, 2020

USA Technologies Inc. has postponed its annual shareholders meeting from today to May 21 in order to update and distribute proxy materials that incorporate the…

Customers may be out of sight, but not out of mind

by Pat Shea — Editor, NetworldMedia

What's your marketing messaging during the coronavirus pandemic? Understanding your customer's needs and how to get your message to resonate with them can…

Remote account opening solution launches early for PPP applicants

April 17, 2020

Fenergo, a provider of digital solutions for financial institutions, announced an early launch of its remote account opening solution. The launch of the…

PayPal and Intuit given go ahead to participate in PPP

April 14, 2020

As banks across the country continue to work with the U.S. government to distribute the $350 billion set aside to help small businesses, Financial Innovation…

Lusis to open first North American support center in Canada

Lusis Payments, a global payments software and services provider, is opening its first North American support center on June 1, in Toronto Canada. Prior to…

An open letter to banks on SMS Authentication

by Chris Stephens — Head of Fraud and Security Analytics at Callsign, Callsign

To protect against fraud, the banking industry needs to find alternative methods for authentication beyond SMS verification.

Study indicates mid-size banks are slow embracing digital delivery and automated services

March 31, 2020

HMBradley officially launches digital bank

March 30, 2020

HMBradley, a startup backed by PayPal Co-Founder Max Levchin, has officially launched its high yield digital banking platform after raising $3.5 million in…

Nymbus automates COVID-19 payroll relief for banks to small business

March 30, 2020

Nymbus will help financial institutions process paycheck protection loans from the U.S. Small Business Administration, which will allow companies to maintain…

Sony Bank launches English-language mobile app for foreign residents

March 30, 2020

Sony Bank Inc. has launched an English-language version of its online banking service, aimed at providing foreign residents in Japan a hassle free way to…

Surcharge free cash, friction free process

In this era of digital transformation, bank customers are increasingly focused on the ability to access cash and conduct a variety of transactions in a…

Cash handling, digital payments spark debate amid COVID-19 pandemic

by David Jones — Editor, Networld Media Group

The coronavirus pandemic has raised a number of concerns about whether consumers would shift towards digital payments amid concerns about cash handling and…

Regulators, banks plan for contingencies as customers rush for cash amid COVID-19

by David Jones — Editor, Networld Media Group

March 16, 2020

Government regulators and bank officials said they were prepared for various contingencies amid reports that consumers are making large cash withdrawals due to…