Search Results for: HBA Group

Varo Bank Reveals Financial Stress Has Negatively Impacted The Health Of 40% Of Paycheck-To-Paycheck Consumers
Banking News

Varo Bank Reveals Financial Stress Has Negatively Impacted The Health Of 40% Of Paycheck-To-Paycheck Consumers

PR Newswire
by PR Newswire0
Bank data shows financial stress impacting their health, with consumers missing food, safe housing, doctor’s visits, medication, and/or mental healthcare over the past six months. Varo Bank, N.A., the first nationally-chartered consumer techbank in the U.S., announced the release of new data about paycheck-to-paycheck consumers, the “Wealth Watch Insights” report,......
Will Potential New Late Fee Rules Help or Hurt Consumers?
Finance Fintech News

Will Potential New Late Fee Rules Help or Hurt Consumers?

PR Newswire
by PR Newswire0
Auriemma Group’s latest issue of Cardbeat US uncovered how consumers feel about late fees, the proposed rule changes, and if they would be willing to accept changes to their card products that may occur as a result of the new $8 maximum. Credit card late fees have been a hot topic since......
Digital Payments Digital Wallet Fintech Primers

What Are Mobile Wallets?

Pooja Choudhary
by Pooja Choudhary0
  The global market for mobile wallets and payment technologies is projected to reach $12.6 trillion by 2027, up from $4.5 trillion in 2022, at a compound annual growth rate (CAGR) of 23.1% during the period between 2022 and 2027. A Beginner’s Guide to ‘E-Wallets’ An electronic wallet, or “e-wallet,”......
Compliance management Fintech Primers Recommended

What Is Anti-Money Laundering?

Pooja Choudhary
by Pooja Choudhary0
Fintech has experimented with its magic wand in various fields, so how can we corner the money laundering aspect? Criminals’ efforts to launder cash are continuing to shift towards digital currency as its circulation grows. Also, traditional anti-money laundering is being gradually replaced by electronic anti-money laundering (transaction laundering). Let’s......
Banking Fintech Fintech Primers

What Are Fintech Banks?

Pooja Choudhary
by Pooja Choudhary0
Much in vogue….Fintech..banks..Fintech Banks! Fintech banks, sometimes known as Neobanks or challenger banks, provide software, apps, and other technological enhancements to traditional online banking platforms. The majority of this fintech’s experience is in the banking sector. Exploring the World of Fintech Banks Neobanks are only available online financial institutions providing conventional......
Flex Raises $120 Million in Equity and Debt, Launching Finance Super App for Business Owners
debt collection News

Flex Raises $120 Million in Equity and Debt, Launching Finance Super App for Business Owners

PR Newswire
by PR Newswire0
Funding round led by Florida Funders, with participation from Home Depot Ventures, Community Investment Management (CIM), Companyon Ventures and MS&AD Ventures Flex, formerly known as Flexbase, announced the closing of a $120M Series A debt and equity funding round, which includes debt financing from CIM with an agreement to fund up to $100M, and $20M in......
BRI & Paper.id Presents PAPERCARD, a Credit Card for Businesses
Digital Payments Finance News

BRI & Paper.id Presents PAPERCARD, a Credit Card for Businesses

PR Newswire
by PR Newswire0
Recently, PT Bank Rakyat Indonesia (Persero) Tbk (BRI) in collaboration with PT Pakar Digital Global (Paper.id) supported by Visa Indonesia presented PAPERCARD. It has various unique properties & benefits to provide convenience for customers, especially businesses in Indonesia, for digitizing payments. The growth of the BRI Credit Card business in recent years has continued to......
Alipay and Mastercard Offer International Travelers Another Convenient Way to Make Cashless Payments in China
Digital Payments Digital Wallet News

Alipay and Mastercard Offer International Travelers Another Convenient Way to Make Cashless Payments in China

PR Newswire
by PR Newswire0
Linking any Mastercard card to the Alipay digital wallet makes e-payments in China even easier With the resumption of travel and tourism to China in full swing, Mastercard and Alipay, China’s leading digital open platform under Ant Group, announced the launch of a new payments option that provides international arrivals to China with another simple and secure way......
Banking Featured Fintech Fintech Primers Technology

The Fintech Revolution: Accelerating Bank Performance In The Dynamic Landscape Of 2023

Pooja Choudhary
by Pooja Choudhary0
“Banks can partner with fintech to build an ecosystem where the size of the pie grows for the banks and third parties.” – Mike Henry, Scotiabank Banks need to heavily invest in fintech solutions and implement digital strategies to keep up with the ever-changing competitive landscape. This blog has highlighted that......
1