BNP Paribas to acquire French digital bank startup
The neobank Compte-Nickel has opened more than 540,000 accounts since its launch three years ago. ... Read full article
News Topic: Digital payments
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Bank known for Lehman gaffe transfers $5.4B in error
Germany's state-owned development bank KfW, which gained publicity for erroneously transferring hundreds of millions of euros to Lehman Brothers the day the U.S. firm filed for bankruptcy, has done it again. ... Read full article
Why mobile might be the only platform to serve underbanked
The underbanked rely on mobile access more than online or in-person contact. Therefore, the U.S. must follow developing countries’ leads and let consumers sign up for mobile-only accounts. ... Read full article
Walmart updates app to ease money transfers
The retailer is set to announce Tuesday that it is updating its app to allow its customers to input money transfer information electronically rather than having to fill out paperwork in the store. ... Read full article
Visa sees sharp benefits from India's cash crisis
India's sudden shakeup of its currency system last fall was an early holiday for digital payment companies, and Visa was no exception. ... Read full article
From automated driving to automated payments?
Connected cars are going to create new revenue streams, not just for automakers, but also for financial services providers. ... Read full article
Have the big banks finally cracked the code on P-to-P payments?
The upcoming launch of Zelle gives Chase, B of A, Wells Fargo and other large banks an opportunity to correct their past mistakes. ... Read full article
Consumers have gone paperless, time for businesses to catch up
Corporate clients are increasingly asking their banks to help digitize back-office processes. Such a move can help both parties save time and money. ... Read full article