PYMNTS-MonitorEdge-May-2024

banking

Banking is an industry that handles cash, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit. One key step towards financial independence is having a solid banking account.

Zopa Hits Lending Milestone And Gives Insight Into Borrowers
Zopa Hits Lending Milestone And Gives Insight Into Borrowers
February 01, 2017  |  Consumer Finance

Zopa, the U.K.’s oldest marketplace lender, announced on Monday (Jan. 30) that it has become the first peer-to-peer lending platform to reach a $2.5 billion origination...

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SMB Bank Tide Launches In UK With Smart Features
SMB Bank Tide Launches In UK With Smart Features
February 01, 2017  |  Banking

While many FinTech startups are only interested in securing business from large companies and corporations, U.K. startup Tide is setting itself apart from the pack...

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Can Faster Payments Get Banks To Take A Walk On The Wild Side?
Can Faster Payments Get Banks To Take A Walk On The Wild Side?
January 12, 2017  |  Faster Payments

Who’s afraid of faster payments? Banks for starters. While the idea of delivering payments between parties at a considerably faster rate might sound appealing to...

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Faster Payments Tracker: Will Faster Payments Take Banks For A Walk On The Wild Side?
Faster Payments Tracker: Will Faster Payments Take Banks For A Walk On The Wild Side?
January 11, 2017  |  Faster Payments

When it comes to faster payments, we have decidedly achieved liftoff. Faster payments solutions are gaining traction as more companies roll out solutions to help...

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South Korea’s First Online-Only Bank To Open This Year
South Korea’s First Online-Only Bank To Open This Year
January 05, 2017  |  Payment Methods

K-Bank, the South Korean online-only bank, is slated to open during 2017, marking not only the first online-only bank in the country but the first...

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House of Fraser Invests In App-Only Bank
House of Fraser Invests In App-Only Bank
January 04, 2017  |  Investments

House of Fraser, the U.K. department store operator, is making a £35 million investment in an app-only bank as a way to give shoppers a...

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Senator Warren Wants More Banks Serving Legal Pot Businesses
Senator Warren Wants More Banks Serving Legal Pot Businesses
January 03, 2017  |  Regulation

Senator Elizabeth Warren (D-MA) is part of an effort to ensure legal marijuana businesses have access to banking services. According to a report, the move...

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Cardlay In $4 Million Round, Forms Partnerships
Cardlay In $4 Million Round, Forms Partnerships
December 22, 2016  |  Investments

Danish front-end card management platform and cardholder application Cardlay, which works with banks to provide digital finance solutions as a means to compete with FinTech...

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