Revolut has launched several updates to its paid plan, including purchase and return protection, event insurance and a deal-finder browser extension, according to a press release emailed to PYMNTS. Eligible items bought using a Revolut account that are stolen or damaged within 90 days of purchase are...
There has been a seismic shift in how the world banks due to the pandemic. More than half of U.S. adults were fully vaccinated as of early June, causing financial institutions (FIs) to question what the future of banking will look like as consumers return...
There has been a seismic swing in how the world banks. The question now is what the future of banking will look like. While some customers were comfortable using online or mobile banking channels before the pandemic, others reluctantly joined the digital shift as branches closed...
In today’s top news in digital-first banking, 10x Future Technologies has closed a Series C funding round, while Unit has raised funds in a Series B round. Plus, Nutmeg will soon become part of J.P. Morgan Chase. Cloud Banking Platform 10x Future Technologies Raises $187M...
When the pandemic is finally in the rearview mirror, the shift to digital banking will stick. But as Doug Brown, president of NCR Digital Banking, told PYMNTS, financial institutions (FIs) will have to provide a cross-channel, digital everywhere experience for consumers that allows them to...
In today’s top news in digital-first banking, Novo has notched $40.7 million in venture capital, while India’s FamPay has landed $38 million in venture capital. Plus, Mexican FinTech Credijusto has purchased Mexico City-based Banco Finterra. FinTech Novo Grabs $40.7 Million To Fuel Growth Novo, which...
In today’s top news in digital-first banking, LetUs By RentMoola has collaborated with CheckAlt, while Hanseatic Bank has unified its authentication processes with help from Entersekt and Netcetera. Plus, DailyPay is working with PNC Bank and The Clearing House on real-time payments of earned income....
In today’s top news in digital-first banking, Bank of America is expanding its business-to-consumer (B2C) payment offerings, while State Street’s exchange-traded funds business is considering how it can harness increasing consumer demand for digital tokens like bitcoin. Plus, The China Banking and Insurance Regulatory Commission...
The pandemic that changed everything is probably the essential truism of the year 2021, a change that can largely be summed up with a single word: digitization. “I like to say there’s this digital veneer that’s over top of every experience we have — when...
