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In remittances, the underlying strain human connections and day-to-day usage of the money are often disregarded.
Customers in Germany, Finland and Spain can now upgrade to a Revolut Bank account.
TransUnion’s innovation lab is entering its third year and is now planning to expand in Canada and India; participants get...
7m more people use contactless now than before COVID-19 says Barclaycard BankThink Congress was wrong to leave PPP disbursement up...
Google Play has created a guide for developers focused on fintech financial health apps; the guide was created in partnership with the Center for Financial Services Innovation and specifically its Financial Solutions Lab; the guide provides best practices for developing financial health focused apps for Android and distributing them through Google Play; Google Play is also featuring a page with financial health apps. Source
According to Bloomberg, mining the cryptocurrency is profitable in China as long as the price remains above $6,925; however, China is planning to limit the power usage by miners; Bloomberg provides additional data on electric usage of mining bitcoin. Source
JPMorgan Chase intends to spend close to $600mn more on technology in 2019 than they did in 2018; almost half...
Chinese marketplace lender Hexindai has added a payments function to its mobile app; firm has partnered with China UnionPay for Quick Pass; QuickPass allows platform investors to use funds for payments at merchants in the China UnionPay network. Source
Fintech unicorn Ualá finally obtained a banking license in Mexico, clearing the way for the neobank to aggressively expand its product suite.