Visa, 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.

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…

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. 

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…

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…

Open 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…

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. 

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…

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…

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…

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…