Banking

Banking

Skrill global money transfers from US
Banking Payments Technology

Skrill launches free international money transfer service in US

Global payments platform Paysafe launched the Skrill Money Transfer service which allows customers to transfer money for free to friends and family in Mexico, India, and 16 other Asian and European countries. First launched in October 2018 in Europe, Skrill Money Transfer was designed to ...
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global payments news
Banking Payments Trends

June 5 Global news roundup:

Happy Friday and welcome to our weekly global payments news roundup. Lots of insight and business intelligence including what consumers are thinking, which retailers have had e-commerce success during the pandemic, new research reports, COVID-19 updates, fintech news, and much more news you can use. ...
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branchless banking future
Banking Cybersecurity

The biggest danger to branchless banking?

With a third of the global population on lockdown and scores of bank branches closed, many are convinced that branch banking is dead, and the future is branchless. Is this really true? Branchless alternatives like Revolut, N26, Monzo, and NuBank let customers achieve the same ...
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UK fintechs have lessons for US digital banks
Banking Disruptive Technologies Fintech

Fintech in America: Lessons from across the pond

By Giffard Hogge, Product Manager, Somo The UK and the United States share culture, history, and language. But it is only after moving from the UK to live in the US that I have become more acutely aware of the more subtle differences between our ...
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May 22 global payments news
Banking E-commerce Fintech

May 22 Global payments news roundup: PayPal QR codes, vendor payments, US bank loans relax, Amazon/JCPenney, trust in banks, Alibaba growth, more…

Welcome to our Friday payments, fintech, and e-commerce news roundup with the business intelligence to keep you ahead of your competition. It was a busy week with much research on post-COVID-19 projections and possibilities and lots of new product announcements that caught our attention. PayPal ...
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pandemic leads to banking turbulence
Banking Fintech

Remaking banking services after the pandemic

The fast-changing habits and needs of consumers, partly shaped by the coronavirus pandemic, will require banking and financial service leaders to adjust their services and their way of thinking if they want to build resilient organizations that thrive in the near future. In an intriguing ...
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future payments is faster
Banking Fintech Payments Trends

Post-pandemic payments path leading to the new normal

Just what does the “new normal” look like in a post-pandemic payments world? We reached out to Brady Harris, CEO of programmable payments company Dwolla for his insight into what’s ahead for business and the payments industry. The impact of coronavirus on business and consumers ...
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IBM-Prairie Payments Joint Venture
Banking Payments Research Payments Technology Payments Trends

Canadian credit unions and IBM plan new payments as a service platform

Credit unions in three Canadian provinces will be looking blue when it comes to modernizing their payments technology and platforms in a new eight-year, $100 million technology services partnership announced between 75 credit unions in Manitoba, Saskatchewan, and Alberta with IBM. The 75 credit unions ...
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global financial and payments news
Banking Fintech Payments Trends

May 8 Global payments news roundup: QuadPay, Square, Klarna, PPRO, Judo Bank, more…

Welcome to our weekly Friday fintech, payments, and e-commerce news and business intelligence roundup. It may not feel “normal” yet where you live, so we’ll do our best to give you a taste of normal news you can use. Even your humble editor is pining ...
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financial center
Banking Fintech

JD Power reports customers happier with big banks compared to digital-only

When it comes to digital banking, even with the coronavirus crisis, the traditional banks seem to have customer satisfaction sewn up. Seem ironic? New research from JD Power not only shows the shift to digital banking and payment solutions is accelerating faster than anticipated due ...
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