2014 Caps Online and Mobile Banking 
PYMNTS
SEPTEMBER 29, 2016
Yeah, there’s a lot of wiggle room there, but those are the numbers that the Organization of the Petroleum Exporting Countries (OPEC) agreed to cap its production of oil barrels per day. 131 : That’s the number of successful cyberoperations Europol’s European Cybercrime Centre said it launched in 2015, compared to just 72 in 2014.
Finovate
FEBRUARY 2, 2024
First up is news that Grupo Financiero Banorte has launched Mexico’s first fully digital bank, bineo. The Light Account has a monthly cap of 3,000 UDIS (investment units), which equals approximately 24,000 Mexican pesos. The new digital bank also offers financing products for bineo account holders.
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CB Insights
SEPTEMBER 10, 2019
A 2018 survey by Bank of America shows that millennials’ top financial priorities were saving for emergency funds (64%), saving for retirement (49%), and saving to buy a house (33%) — not much different from the concerns their baby boomer parents had 30 years ago. From big banks to big tech. From big banks to big tech.
CB Insights
DECEMBER 4, 2019
If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.
PYMNTS
AUGUST 13, 2018
Facebook Wants Access to User Bank Accounts. Facebook has reportedly had conversations with banks about giving Messenger access to user bank accounts. And never mind that consumers aren’t sitting on hold for hours these days with the bank waiting to get updated information on transactions and account balances.
PYMNTS
JULY 6, 2016
If it’s a day with a vowel in it, it must be a day to mobilize the troops and think about suing the card networks. agency that worked with banks on consumer disputes (the Financial Ombudsman Service), has brought the law firm Quinn Emanuel Urquhart & Sullivan LLP to draft the suit.
PYMNTS
JUNE 17, 2016
Silicon Valley has the banking industry in its crosshairs. You want to buy them out,” referring to the banks. Peer-to-peer lenders “match borrowers and lenders directly the way Uber connects passengers and drivers,” as Stripe’s Patrick Collison put it to Stahl as he recited the ways FinTech is disrupting banking.
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