In today’s top news in digital-first banking, the United Kingdom might increase its limit on contactless payments, while The Bank of Jamaica has drafted regulations for the nation’s ePayments sector. Plus, banks could withhold stimulus checks to cover overdraft fees, although some larger financial institutions...
In today’s top news in digital-first banking, Gojek has invested in Indonesia-listed Bank Jago, while China might place limits on bank and FinTech partnerships. Plus, the U.S. Treasury Department has proposed broad new regulations on digital currency. Get the Full Story Complete the form to...
In today’s top news in digital-first banking, Fiserv has signed a definitive deal to purchase Ondot Systems, while Welcome Technologies has chosen payments credit union service organization (CUSO) PSCU to provide processing services and support. Plus, ESL Federal Credit Union has gone live with real-time payments...
In today’s top news in digital-first banking, Huntington Bancshares is joining forces with TCF Financial in a $22 billion deal, while Revolut has rolled out four new crypto tokens. Plus, Cleo has notched $44 million in Series B financing in a round headed up by EQT...
DoorDash and Payfare are collaborating to launch the DasherDirect banking solution for delivery drivers (Dashers), which aims to give them greater flexibility over earnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
It’s been a busy year in digital banking as the pandemic has driven consumers online to manage as much of their day-to-day lives as possible. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A tech upstart – a FinTech, no less – breaking even in 2020? 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 daily newsletter, PYMNTS Today....
PSCU company Lumin Digital is partnering with Jax Federal Credit Union (JAXFCU) to provide mobile and online banking services for over 23,000 users, which comprises around 60 percent of JAXFCU’s membership, when the credit union goes live with Lumin in April of next year, according...
Singapore’s financial regulator is sticking to the original plan to award digital banking licenses by the end of the year, according to a Bloomberg report, no matter how tight the scrutiny is in China and the U.S. Get the Full Story Complete the form to...