Mobile card services could be the Swiss Army knife of card management for consumers, because of the capabilities they can make easily accessible to the customer or business using them. Allowing users to turn their cards on and off, set spending limits, restrict usage based...
Three consortiums led by Taiwan and Japanese investors are getting the first virtual banking licenses issued by Taiwan’s Financial Service Commission (FSC), Reuters reported on Tuesday (July 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Spain’s High Court announced that BBVA is now under formal investigation related to an alleged spying case. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
A company called Glint Pay has launched a debit card that’s backed by gold instead of currency, according to a report in The Denver Post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
With their joint venture set to end next year, First Data (now Fiserv) and Bank of America said on Monday (July 29) that they will pursue independent merchant services strategies starting in June 2020. The companies, however, have an agreement to provide Bank of America...
Many Indian consumers are making their first forays into the digital financial ecosystem as demonetization continues to shrink the country’s age-old reliance on cash. To accommodate this shift and the nation’s growing number of internet and smartphone users, tech giants like Amazon and Facebook are...
The Brazil-based FinTech Nubank raised $400 million in a Series F round of funding led by TCV, making it the first major Latin American investment by the Menlo Park, California fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A Japanese FinTech company is applying for a banking charter in the United States, according to a report by American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
While FIs are turning to artificial intelligence (AI) and machine learning (ML) to keep bad actors out, fraudsters are using that same tech to muscle their way in. In the latest Digital Banking Tracker, Brian Fricke, BBVA's chief information security officer, tells PYMNTS how banks...
