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USA

Mobile Payments USA

Google Pay Plans to Offer Digital Bank Accounts

Google is expanding its plans to offer digital banking services in the United States (U.S.) by partnering with several banks to offer digital checking and savings accounts to Google Pay users which will be available in 2021. The 8 banks

Remittance USA

Remitly Announces $85 Million Round as Digital Remittances Surge Globally

Remitly, a mobile-first provider of remittances and financial services for immigrants announced a $85 million funding round to fuel the company’s growth as the global demand for digital remittances continues to surge during the COVID-19 pandemic. The funding will enable

Mobile Payments USA

No Fee Samsung Money Card Starts This Summer

Samsung Electronics America, unveiled Samsung Money by SoFi, a new mobile-first money management experience that brings a cash management account and accompanying Mastercard debit card along with exclusive benefits to Samsung Pay, in partnership with innovative fintech company SoFi. The

Open Banking USA

White Paper Outlines Need for Smaller Lenders to Collaborate with Fintechs

Community banks and credit unions are struggling to keep up with the pace of innovation due to limited capacity, lack of skills, and limited budget. Given these limitations, smaller lenders must collaborate with fintech companies to meet fast-changing customer demands

USA

Facebook’s Libra Appoints ex Secretary for Terrorism & Financial Intelligence as its First CEO

The Libra Association, an independent membership organization, announced the appointment of Stuart Levey as its first CEO. Mr. Levey brings to the Association a wealth of leadership experience in the public and private sectors cutting across banking, regulatory policy and

USA

Stripe Launches Card Issuing Services for Businesses in the US

Payments company Stripe has rolled out a new card issuing product in the US, allowing businesses to create, manage and distribute tailored virtual and physical cards to their customers and employees, the company announced on April 23. Stripe Issuing is

Personal Finance Mgt (PFM) USA

Microsoft Launches Money in Excel Personal Finance Solution

Fintech applications have given people more control over their personal finances in a myriad of ways, whether it’s paying bills, sending money abroad, or growing their savings. One of the earliest forms of “fintech” is a budgeting spreadsheet. For years,

USA

8 Undiscovered, Early Stage Fintech Startups from the US to Watch out for in 2020

Throughout the years, the US has produced some of the world’s leading fintechs including popular names such as Acorns, Affirm, Betterment, Credit Karma, Hippo Insurance, Lemonade and Stripe. But the country is also home to a large community of young,

USA

Brett King’s Moven is Giving Up on B2C to Focus on B2B Instead

Moven has announced a strategic shift to focus solely on promoting their patented wellness technology to enterprise level partners. Plans to spin-off Moven’s consumer-facing business hit a significant snag with major multi-year funding withdrawn as a result of market conditions,

USA

Revolut Launches in USA

Revolut launched its Financial App and debit card in the United States. Since hinting at a launch last year, Revolut claims it already attracted tens of thousands of U.S. customers. Revolut launched in 2015 with a vision to build a