3 Trends to Watch from 3Q Earnings
Bank of America, JPMorgan Chase and other financial institutions, during their recent quarterly earnings calls, spent a lot of time...
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CB Insight’s Top 250 Fintechs Made 186 Deals Worth $24B This Year
CB Insights on Monday named its 2018 Fintech 250, a list of what the research firms considers the most promising...
Can Fintech Pave a Way for Financial Inclusion?
Federal Reserve Governor Lael Brainard addressed barriers to financial inclusion at a conference hosted by the Boston Fed and the...
Virtual Banking Assistants Still Mostly Limited to Simple Transactions
Virtual banking assistants seem to be all the craze lately. Just ask Bank of America, whose Erica crossed 3.5 million users,...
Venmo Hikes Instant Transfer Fee to Cash in on Realtime
Remember when P2P app Venmo added an instant transfer, but then said it would charge a $0.25 flat fee for...
Western Union Discovers New Ways for an Old Business
Aside from the theoretical mention of blockchain technology, there haven’t been many major changes in cross-border money movement technology. And...
Suncoast Credit Union Could Set Up Its Own Mobile-First Bank
Setting up digital banks isn’t just a strategy for the big players like JPMorgan Chase, just ask Suncoast Credit Union....
Transaction Volume for PayPal’s Venmo Surges
Venmo's payment transaction volume reached an all-time high in 2Q this year, PayPal reported. According to yesterday's earnings call, Venmo processed...
Bank of America Merrill Lynch Launches Mobile App for Prepaid Commercial Card
With over 25 million mobile bank users on the retail side, Bank of America is shifting attention to ramping the...
Who Uses SnapChat for Payments Anyway? You’d Be Surprised
Social media platform SnapChat will shut down its P2P payment feature, Snapcash, as of August 30, after launching less than...
