KYC Still Time-Consuming and Not Standardized in Fintech, SWIFT Says
EXCLUSIVE— A time-consuming and costly area of banking, Know Your Customer (KYC) and due diligence maintenance could use an upgrade,...
Archive
Japan Regulators Crack Down on 15 Cryptocurrency Exchanges
It’s not surprising that the Japanese government tighten its grip on cryptocurrency exchanges following a major hack a few weeks...
Payment Processor YapStone Raises $71 Million, While Competitor Dwolla Pulls In $12 Million
YapStone, a payments solution provider for global marketplaces, has raised $71 million in a Series C funding round. The round,...
Radius Bank Partners With Fintech Mantl for Account Opening Platform
Boston-based Radius Bank, along with its NYC-based partner Mantl, has opened a digital account opening platform, the bank announced. This...
Apple Pay to Add Ecommerce Features, Expand to Brazil
EXCLUSIVE— Apple will continue to widen the reach of its mobile payment service Apple Pay by adding new ecommerce capabilities and bringing...
Chase Customers Left Angry After Unexplained Mobile, Online Outages
Customers of JPMorgan Chase were unamused when the bank experienced a day-long digital outage, leaving many customers unable to make...
Fee-less Challenger Bank Chime Set to Sign 100,000 New Accounts This Month
EXCLUSIVE— Mobile-only bank account Chime hopes to sign 100,000 new accounts on its platform by the end of January 2018,...
Does Disney World Have Plans to be a Cashless World?
Walt Disney World is piloting a cashless resort at its Animal Kingdom Lodge next month. According to a WDW report,...
Top 5 Trends to Watch in 2018 [Page 2]
Rise of Cashless Even Disney World is exploring the possibility of a cashless world. While there remains a strong argument...
Wealthfront Raises $75M for its Millennial-Facing Investment Platform
Automated investing platform Wealthfront has just closed a $75 million round of funding, which will be used to build out...
