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Category: Mobile Banking & Payments


Finance Tech, Mobile Banking & Payments

Payments industry faces potential ‘destructive attacks,’ Biden cybersecurity official warns

April 8, 2021

Via: Mobile Payments Today

When it comes to safeguarding the U.S. payments system, the Biden administration is keenly focused on ransomware and infrastructure threats, a top cybersecurity official from the United States Department of Homeland Security (DHS) told an industry trade group yesterday. Eric […]


Finance Tech, Financial Services, Industries, Mobile Banking & Payments

Crypto network Ripple gets a foothold in Asia with its 40% stake in cross-border payment firm Tranglo

March 30, 2021

Via: Markets Insider

Crypto network Ripple Labs said on Tuesday it will acquire a 40% stake in cross-border payment hub Tranglo in an effort to strengthen its market presence in the Asia-Pacific region. Tranglo’s infrastructure will support existing payment corridors, as well as […]


Finance Tech, Mobile Banking & Payments

Nexus Systems teams with JPMorgan Chase on new payment service

March 16, 2021

Via: Mobile Payments Today

The new offering, called NexusDirect, is designed to let Nexus’s clients more easily pay smaller vendors, such as lawn care, pest control and facility management firms, and to allow the small and mid-sized businesses faster access to their payments. The […]


Finance Tech, Mobile Banking & Payments

BoA reports consumers digital banking engagement hits record levels

February 12, 2021

Via: Mobile Payments Today

Consumers are embracing mobile banking with one banking institution experiencing record levels of engagement. Bank of America reports 70% of consumer client households and small business clients and 77% of wealth management client households are digitally active and the company’s […]


Finance Tech, Mobile Banking & Payments

Visa Commercial Pay Launches For Virtual Cards, Digitized B2B Payments

November 23, 2020

Via: PYMNTS.com

Visa and Conferma Pay said Monday (Nov. 23) that they have entered a strategic partnership to launch Visa Commercial Pay, billed as a suite of B2B payment solutions for enterprises making the shift to digital transactions, and, specifically, virtual cards […]


Finance Tech, Mobile Banking & Payments

Banking-As-A-Service (BaaS) Making Payments Faster And ‘Smarter’

November 13, 2020

Via: PYMNTS.com

Several narratives have emerged from this pandemic. First has been the focus on digital transformation that essentially saved the economy during lockdowns. Another related theme is the need for legacy core banking systems to upgrade in ways that don’t protract […]


Finance Tech, Mobile Banking & Payments

Real-Time Payments Steps Up To Fulfill Demand For Faster Funds

November 3, 2020

Via: PYMNTS.com

To paraphrase the movie “Top Gun” … “We feel the need … the need for speed.” The payments ecosystem now prizes quickness above all things in a time of cash flow shortages, where each paper check takes an eternity — […]


Finance Tech, Mobile Banking & Payments

PayPal will soon offer Bitcoin and other cryptocurrency purchase options

October 21, 2020

Via: Fortune

PayPal announced Wednesday that it will soon begin letting users buy cryptocurrency within its app. The news was hailed as transformative by advocates of decentralized currencies such as bitcoin. Bitcoin continued a strong upward trend on the news, reaching annual […]


Finance Tech, Mobile Banking & Payments

Buy now, pay later: How COVID-19 is aiding the payment model

August 31, 2020

Via: Fortune

If you’ve been doing some online shopping lately, as many U.S. consumers have during the pandemic to avoid shopping in person (and maybe even just to pass the time while in quarantine), you might have noticed an increased recurrence of […]


Finance Tech, Mobile Banking & Payments

Coronavirus crisis mobile banking surge is a shift that’s likely to stick

May 27, 2020

Via: CNBC

Digital banking isn’t new, but with the coronavirus pandemic, young and old Americans suddenly flocked to online and mobile banking en masse. The sudden uptick in online and mobile traffic even created outages. Among those affected: online platforms for U.S. […]