Monese, a fintech startup based in London that has a mobile banking app, added a new feature to its offering that is aimed on taking on traditional banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Pushing toward its longtime goal of being the “Ryanair of the FinTech sector” Klarna has made a big advance with the announcement that it has been granted a full banking license by by Finansinspektionen, the Swedish Financial Supervisory Authority. Get the Full Story Complete the...
Blockchain, the technology behind digital currencies like bitcoin, is growing in popularity — which means engineers in this area are hard to find, prompting universities to start offering courses in the nascent technology. Get the Full Story Complete the form to unlock this article and enjoy...
While cash is not an unimportant part of life in developed countries, it certainly isn’t central. The vast majority of Americans, 80 percent, carry less than $50 on them at a time on average — and about half carry less than $20. Cash is still...
Real time payments, as a concept, has been around for a while. What will it take to make the concept a reality? In our latest Topic TBD, Cheryl Gurz, global head of payments offering and product strategy at CGI, weighs in on the long and...
With many cybercriminals choosing bitcoin as their currency of choice, the U.S. Department of Justice has naturally done its best to set up regulations that would prevent criminals from using the cryptocurrentcy for nefarious purposes. Get the Full Story Complete the form to unlock this...
In activity seen through the very beginning of June, the latest period for which PYMNTS has data, the week that ended on June 9 saw a lag in activity with no reported transactions. But the previous week, which ended the month of May, saw $262.6...
Fame is a fickle friend, and it seems that Snapchat may have reached the end of its run, if investor confidence is any measuring stick. Parent company Snap, Inc. saw shares dip back down to an IPO price of $17.00 after a brief surge to $29.44...
Turns out, Friday was a big day for big acquisitions. Amazon is buying Whole Foods, and Walmart is buying Bonobos. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
