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Payments news: PayPal chases unbanked; banks drop mobile; crypto credit

Today, we’re looking at PayPal’s campaign to bring in new customers from the nine million “unbanked” US residents who either don’t use a bank or don’t like using banks. We examine how traditional banks are losing mobile customers because their user experience on bank mobile ...
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PayPal wants unbanked customers
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No bank? PayPal wants you

Got no bank? You may be just the customer PayPal is looking for. Of course, more than 227 million worldwide customers know and likely use PayPal often for payments services. PayPal doesn’t have a US bank license but that hasn’t stopped it from moving further ...
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Research: 26% of UK shoppers ready for contactless payments

New research by MasterCard shows that UK shoppers are keen to make contactless payments using smart devices such as rings, bracelets and smart watches. More than 50,700 consumers were surveyed in nine EU countries and 26% of UK residents said they would be willing to ...
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US & HK fintech regulations going in the right direction

The UK has already used regulations to encourage and manage fintech growth. Two recent stories show that fintech regulations are definitely going in the right direction in the US and Hong Kong as well. 7 US states coordinate fintech regulations Seven US states – Georgia, ...
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Payments news roundup: Zelle, Walmart Pay, WorldRemit, Plynk, Android Pay

Payments news includes the launch of P2P payments Zelle, backed by 30 major US banks. ...
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