FinTech firm Chime says it has covered billions in overdrafts for its users. Through SpotMe, the banking app’s free overdraft feature, Chime’s members have received a collective $30 billion since 2019 in overdrafts without having to pay a fee, Chime said in a Tuesday (Oct. 1)...
Neobank PrizePool is reportedly shutting down its consumer app amid an acquisition. That’s according to a report Sunday (Aug. 25) by Fintech Business Weekly, which says that winding down a startup such as PrizePool can be disruptive to customers who have grown to depend on...
Card-issuing platform Marqeta has expanded its partnership with French payments firm Lydia. This extended collaboration, announced Tuesday (June 4), will see Marqeta power Lydia’s European digital banking super app Sumeria. This app has introduced new capabilities including a remunerated current account, and plans to expand...
Atomic has launched a subscription management technology that can be added to banking apps. With the addition of PayLink Manage, financial institutions can enable their account holders to view and make real-time changes to all their recurring payments — all within their banking app, the company said in a...
May 20, 2024
Over the last several months, PYMNTS Intelligence data has revealed in separate reports that tens of millions of consumers would opt for a single point of access to manage banking and spending — through an everyday app. They’re using a number of digital conduits to gain a holistic view of spending and saving, budgeting their […]
January 21, 2020
Though many banks may be betting big on advanced technology to help them in the fight against financial fraud, their customers would feel more secure if they were given more...
September 13, 2019
Rampant data breaches have left consumers on edge about digital fraud. They are not only anxious that their personally identifiable information may be compromised, but also skeptical that their financial...
October 23, 2018
Consumers go on a lot of different types of digital journeys in a day — they might shop online, do some banking, move funds between accounts, do some light online...
October 31, 2024
Zelle reportedly wants users to use its platform via banking apps instead of its own. An executive for the peer-to-peer payments provider told Reuters on Thursday (Oct. 31) that while more than 2,200 banks and credit unions are part of its network, just 2% of Zelle transactions happen on its mobile app. With that in […]
October 01, 2024
FinTech firm Chime says it has covered billions in overdrafts for its users. Through SpotMe, the banking app’s free overdraft feature, Chime’s members have received a collective $30 billion since 2019...
August 25, 2024
Neobank PrizePool is reportedly shutting down its consumer app amid an acquisition. That’s according to a report Sunday (Aug. 25) by Fintech Business Weekly, which says that winding down a...
June 04, 2024
Card-issuing platform Marqeta has expanded its partnership with French payments firm Lydia. This extended collaboration, announced Tuesday (June 4), will see Marqeta power Lydia’s European digital banking super app Sumeria....
