In today’s top news in digital-first banking, banking startup Dave Inc. has a new marketing executive, while payroll and employee benefits processor Gusto has launched “Gusto Wallet.” Plus, Boost Payment Solutions is collaborating with Visa to provide further automation and flexibility to commercial card issuers,...
Middle-class consumers are feeling that they’re getting the short end of the stick when it comes to their relationships with traditional banks, Brian Hamilton, co-founder and CEO at One, told Karen Webster in a recent conversation. For example, his firm’s research found that some 57...
In today’s top news in digital-first banking, global card issuing platform Marqeta debuted its Tokenization-as-a-Service (TaaS) offering, while the Bank of New York Mellon (BNY Mellon) has named a new executive for global market infrastructure. Plus, Jumio is strenghtening its anti-money laundering (AML) functions. Marqeta...
In today’s top news in digital-first banking, New York-based FinTech Petal has landed an additional $55 million, while BNY Mellon announced a collaboration with GTreasury for cash management. Plus, small and medium-sized businesses (SMBs) are reporting challenges with the forgiveness section of the Paycheck Protection...
In today’s top news in digital-first banking, Volante Technologies Inc. is collaborating with Goldman Sachs Bank USA on digital transaction banking, while Sezzle has created a partnership with digital financial services company Ally Lending. Plus, FIS has partnered with The Clearing House (TCH) on real-time...
In today’s top news in digital-first banking, the Office of the Comptroller of the Currency (OCC) has issued stablecoin guidance, and Deutsche Bank intends to decrease the size of its brick-and-mortar footprint. Plus, Mesh Payments has launched a cardless payment offering that makes recurring and...
In today’s top news in digital-first banking, digital payment processor Paya has come to an arrangement to purchase The Payment Group (TPG), and Purdue Federal Credit Union has tapped digital payment experience provider Payrailz for payment services. Plus, Onyx CenterSource has launched a virtual card...
In today’s top news in digital-first banking, ClearBank has begun offering multicurrency bank accounts through an application programming interface (API), and LoanDepot is considering going public. Plus, EVO Payments Inc. has rolled out EVO Express Deposit push payments technology. ClearBank Introduces Multicurrency Bank Accounts ClearBank,...
In today’s top news in digital-first banking, SWIFT has announced that its international platform will be updated to let financial institutions (FIs) provide instant transactions, and VSoft has rolled out its new Bread merchant services network. Plus, Acumatica has introduced features for its Acumatica Cloud...
