Digital Banking News
Alipay parent unveils AntChain as new blockchain brand
July 23, 2020
Ant Group, the parent firm of mobile wallet Alipay, has unveiled a new brand identity for its blockchain-based technology called AntChain. The brand will also…
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Goldman’s Marcus bank offers customers a digital future
July 17, 2020
Goldman Sachs' startup consumer bank, Marcus, named after the firm's cofounder, has seen an increase in digital-only banking during the coronavirus crisis…
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Regions Bank updates mobile app
July 16, 2020
Regions Bank has updated its mobile banking app to improve functionality and support more than 1.85 million of its customers that bank on-the-go using the app…
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Robinhood raises another $320M for $8.6B valuation
July 13, 2020
Robinhood, a mobile stock and crypto trading platform, has raised another $320 million in part of its Series F round of funding, for a total of $600 million…
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Railsbank launches in US, lands Unifimoney for card platform
July 10, 2020
Railsbank, a London-based open banking platform, has expanded into the U.S. market, landing San Francisco-based neobank Unifimoney as its first major customer.
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Hyosung America launches new ATM distribution model
July 1, 2020
Hyosung America, the largest provider of ATMs in the U.S. market, has launched a new distribution model to better serve regional and community banks and credit…
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FCA lifts restrictions off Wirecard accounts
June 30, 2020
Wirecard Card Solutions customers have access once again to financial accounts now that the U.K. Financial Conduct Authority has lifted restrictions on all the…
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Africa’s ATM use dips while app use increases during pandemic
June 25, 2020
Fintech app use in Africa jumped 72% while ATM transactions and branch visits dropped 50% during the coronavirus pandemic, according to a report in ThisDayLive.
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DigitalMint partners with E Money Commerce to expand Bitcoin ATMs
June 23, 2020
As part of the initial launch of a partnership, E Money will deploy 10 Bitcoin ATMs at convenience stores throughout central and southern Illinois, including…
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Diebold Nixdorf restores full-year outlook amid improved performance
June 22, 2020
Diebold Nixdorf restored its full-year financial outlook as preliminary earnings data through the end of May showed improvement from year-ago figures.
read nowVisa, Facebook back new payments feature in WhatsApp in Brazil
June 15, 2020
Visa Inc. announced a partnership with Facebook to power the new payments capability in the WhatsApp messaging service in Brazil.
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First crypto prepaid Mastercard launched in US
June 12, 2020
BitPay, a global blockchain payments provider, has introduced the first Mastercard prepaid card for crypto users in the United States. The card enables…
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Mobile banking startup Lili raises $10M in seed funding
June 4, 2020
Lili, a New York-based mobile banking startup aimed at freelancers and independent contract workers, has raised $10 million in seed funding led by Group 11.
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Western Union C2C remittances begin to recover, digital surges
June 2, 2020
Western Union reports that consumer-to-consumer money transfers in May have begun to recover from steep declines related to the COVID-19 pandemic in April, and…
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Investor Nils Smith to acquire Cryptera
May 28, 2020
Investor Nils Smith and the management team of Denmark-based Cryptera, have entered into an agreement with Diebold Nixdorf to acquire Cryptera, according to a…
read nowOpen banking use to double by 2021, claims study
May 19, 2020
The number of open banking users is expected to more than double in size, to 40 million, by 2021 from 18 million last year, according to a Juniper Research…
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EBANX gives virtual debit card access to international websites
May 15, 2020
Brazilian fintech EBANX is offering a virtual debit card. launched by Brazilian Caixa Econômica Federal. to international merchants.
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CoinFlip launches low-minimum cryptocurrency OTC trading
May 13, 2020
CoinFlip, a Chicago-based Bitcoin ATM provider, has announced the launch of its personalized cryptocurrency concierge service, CoinFlip Preferred, according to…
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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…
read nowTreasury 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.
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