Digital Banking News
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…
read nowFiserv 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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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Associated Bank lobby access temporarily suspended
March 16, 2020
Associated Bank is temporarily suspending lobby access at most branches as of Tuesday, March 17 due to public health concerns regarding COVID-19, the…
read nowFiserv postpones investor conference, boosts guidance on First Data synergies
March 11, 2020
Fiserv Inc. will postpone its March 25th investor conference in New York until later this year amid heightened concerns about the coronavirus outbreak. The…
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Wells Fargo to launch zero- and limited-overdraft fee accounts
March 3, 2020
(Updated at 7:45 p.m. EST with additional background)
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Robinhood to offer case-by-case compenstion after trading app outages
March 3, 2020
Robinhood has recovered from a prolonged series of outages this week during one of the most volatile trading periods in U.S. history. The trading app was down…
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Capital One to shut 37 branches across US
February 28, 2020
Capital One Financial Corp. is closing 37 bank branches across the U.S. as the bank works to reconcile its traditional banking business with a customer base…
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Brink's acquires non-branch ATMs from AIB
February 28, 2020
Brink's has agreed to buy more than 500 remote ATMs from Allied Irish Bank. The agreement comes about a month after AIB and Bank of Ireland put their…
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Litecoin Foundation partnering with MeconCash on e-commerce, ATM access
February 28, 2020
Litecoin Foundation is partnering with MeconCash to integrate Litecoin into its MPay platform, a deal that will allow the the digital currency to be used for…
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