Banking

Banking
Today in FinTech: PayPal Expands Payment Options in Germany; New Digital Bank Coming to Brazil
January 28, 2022

In today’s FinTech news, PayPal is adding new payment options in Germany that give eligible shoppers 30 days to pay, while Brazil could be gaining another digital bank due to interest from Dubai’s ICICB Group. Meanwhile, E2open and PayCargo are collaborating to digitize freight payments...

Banking
UK Neobanks Expand Offerings as New Player Enters Space, UAE Digital Bank Targets Gen Z
January 28, 2022

In this week’s top neobank news for Europe, the Middle East and Africa (EMEA), United Kingdom digital bank Monese launched a feature to help improve the creditworthiness of credit-poor individuals, estimated at 5.2 million in the country, ultimately facilitating their access to loans at affordable...

Banking
ICICB Group Plans Digital Bank for Brazil
January 28, 2022

Dubai’s ICICB Group wants to become a player in Brazil’s burgeoning digital banking space, the financial services company announced in a news release Friday (Jan. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Today in FinTech: Marqeta Grows Global Footprint; PingPong Eyes $1B IPO
January 27, 2022

In today’s FinTech news, card issuer Marqeta expands its global footprint into Singapore, the Philippines and Thailand, while Chinese eCommerce cross-border payments startup PingPong mulls an initial public offering (IPO) to raise as much as $1 billion at a $5 billion valuation. Plus, Australian payments...

Banking
New FinTech Swell Birthed From Elevate Collab With Central Pacific Bank
January 27, 2022

Digital consumer credit firm Elevate Credit is collaborating with Central Pacific Bank to launch Swell, a new FinTech company, according to a press release on Thursday (Jan. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Today in FinTech: Walmart’s Hazel Rebrands With Acquisitions; WEX Launches Toll Management With Bestpass
January 26, 2022

In today’s FinTech news, Walmart’s Hazel buys two startups with an eye on developing a personal finance super app, while WEX teams with Bestpass to launch a toll management tool. Plus, Brazilian financial services super app Inter snaps up Usend to bolster its U.S. footprint....

Banking
Open Banking’s Way Forward Involves More Data Sharing, Not Less
January 26, 2022

Despite a slow start in the United Kingdom and much of Europe, open banking is catching on, and this progress will likely accelerate rather than slowing down, Pinar Ozcan, professor of entrepreneurship and innovation at Saïd Business School, Oxford University, told PYMNTS.  Get the Full Story Complete the form to unlock...

Banking
Central Bank Aims to Connect $1.5B Sitting Idle in Banks to Brazilians
January 25, 2022

The Central Bank of Brazil is introducing a program to connect the R$8 ($1.5 billion) sitting idle in financial institutions to the Brazilians who are entitled to the funds, the Rio Times reported. Get the Full Story Complete the form to unlock this article and...

Banking
Italian Bank UniCredit Seeks to Sell Leasing Business
January 25, 2022

Milan-based investment banker UniCredit is weighing offers from a series of suitors who want to take over its leasing operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....