Mobile payments

The biggest barrier to mobile banking growth? Fear

01/03/18

Banks of all sizes continue to invest in mobile technology — but in order to see stronger growth, they must also invest in education to overcome consumer unease with the product.

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Mastercard targets millennial clients with digital money management service

12/12/17

Assemble allows Mastercard partners or issuers to provide checking, budgeting and payment features, as well as additional money management.

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Ken Chenault's parting warning: Banks made big error on payments

12/05/17

America’s largest lenders made an epic mistake a decade ago when they cashed out of Visa and Mastercard through initial public offerings, says Chenault, who will step down in February as CEO of American Express.

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PayPal provides a UI link to automated micro-investing

11/20/17

PayPal is following its investment in micro-investing app with a direct link, vastly expanding the app's addressable market.

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'Banks are being terrorized': Fallout from a year of data breaches

11/14/17

As consumers’ personal information is compromised almost daily, hackers are increasingly targeting banks.

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An app that could deal a fresh blow to payday lenders

10/31/17

Letting employees decide when they get paid through a mobile app that connects to a bank's prepaid card can serve the same purpose as a payday loan but cost the consumer less.

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Big banks pay up; Paytm eyes U.S.

10/31/17

Big banks have raised deposit rates faster than regionals in order to retain depositors; India’s largest payment app wants to expand.

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Customers Bank takes second shot at spinning off mobile bank unit

10/20/17

The Wyomissing, Pa.-based firm is forgoing cash offers in favor of a more complicated plan that involves spinning the unit off to shareholders, who will then trade their stakes for shares in a Clearwater,Fla-based community bank in a tax-free exchange.

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Amex names a new CEO as it confronts a SCOTUS case, Costco recovery

10/18/17

There's never an easy time to change leaders, but for American Express it's a particularly challenging time as it faces legal challenges to a core part of its fee structure and is still revamping its business model after a stinging client loss.

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BBVA launches mobile money app

10/16/17

BBVA has launched a new mobile app that is designed to help people in the U.S. send money to friends and family in Mexico — more quickly and cheaper than traditional remittance methods.

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