Category : Banking

Banking Digital Payments News

In the Wake of COVID-19, Majority of Banks Say Payment Technology is an Arms Race They’re Unprepared For

Fintech News Desk
New Marqeta study shows that while COVID-19 has made payments an even more crucial digital battleground for banks, legacy technology is creating barriers to innovation. Marqeta, the global modern card issuing platform, released the second part of its European Banking report, based on a survey of 200 European banking executives,......
Banking Fintech Mobile Banking News

XTM to Offer Micro-Credit And Credit-Score Build/Repair To Its Today™ Card Holders

Fintech News Desk
XTM, Inc. (“XTM” or the “Company”) (CSE:PAID) (FSE:7XT), a Toronto-based Fintech company in the neo banking space, providing mobile banking and payment solutions around the world is pleased to announce its plan to offer micro-credit to its Today™ Cardholder community.  The Today program has been adopted and rolled out to thousands of hospitality,......
Banking Fintech News

Community Federal Savings Bank Launches New Merchant Acquiring Division in Partnership with PayFacto Payments

Fintech News Desk
Community Federal Savings Bank (“CFSB”), a federal savings association chartered by the Office of the Comptroller of the Currency, and PayFacto Payments Inc. (“PayFacto”), a leading provider of payment solutions and technologies, are pleased to announce that they have established a long-term strategic partnership to launch a new merchant acquiring......
Banking Business Fintech Fintech Startups News

Health Insurance Company Oscar Hires R. Scott Blackley as New Chief Financial Officer

Fintech News Desk
Oscar, the first health insurance company built around a full stack technology platform and a relentless focus on serving members announced R. Scott Blackley as its new Chief Financial Officer, effective March 16, 2021. Scott will serve on Oscar’s leadership team and report to Chief Executive Officer Mario Schlosser. Read......
Banking Business Fintech Guest Posts

The Rising Online Consumption Curve in Latin America with the Pandemic – and What it Means for Fintechs

Jaqueline Bartzen
Latin America was at the peak of e-commerce growth, with millions of consumers getting access to better financial options and a faster internet connection, when the world was hit by the coronavirus pandemic, at the beginning of this year. As lockdown measures were ordered throughout the region, e-commerce was strongly......
Banking Fintech News

Marqeta Report: Majority of Banks Say Payment Technology is an Arms Race They’re Unprepared For

Fintech News Desk
New Marqeta study shows that while COVID-19 has made payments an even more crucial digital battleground for banks, legacy technology is creating barriers to innovation. Marqeta, the global modern card issuing platform, released the second part of its European Banking report, based on a survey of 200 European banking executives,......
Banking Fintech News

Citi Named World’s Best Digital Bank 2020 by Global Finance Magazine

Fintech News Desk
Citi has been named the World’s Best Digital Bank by Global Finance magazine for the 19th consecutive year. “We continue to build a financial platform for digital commerce, and have been transforming our solutions over the last several years to provide a better client experience that is fast, easy, and flexible,” said Naveed Sultan,......
Banking Fintech Mobile Banking News Trading

Chase Mobile App Named #1 in J.D. Power Wealth Management Mobile App Satisfaction Study

Fintech News Desk
The Chase Mobile app was named the #1 wealth management app in overall customer satisfaction, according to the J.D. Power 2020 U.S. Wealth Management Mobile App Satisfaction Study. The Chase Mobile app seamlessly integrates Chase banking and J.P. Morgan wealth management into one easy-to-use experience. Customers who invest with an......
Banking Fintech Investment Services News

Okta Secures the Identities of Banks, Accelerating Digital Transformation in Financial Services

Fintech News Desk
Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, today announced significant momentum in the financial services industry with new and expanded deployments for Canadian Western Bank, First National of Nebraska, and Nota, powered by M&T Bank. Okta also announced financial results for its third fiscal quarter......
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