Fintech Finance

FEBRUARY 3, 2025

Virgin Money has launched an exciting offer for new customers of its M Power account, its free child bank account for 1117-year-olds. This bank account is available exclusively to the children of Virgin Money current account customers.

Debit Card

Fintech Finance

AUGUST 22, 2024

In keeping with its constant dedication to providing cutting-edge services to its customers, National Bank of Kuwait (NBK) announced introducing a new service that allows customers to confirm payment transactions online through the NBK Mobile Banking App, making itself as the first provider of this service in Kuwait.

Mobile Banking

NFCW

DECEMBER 18, 2023

SCAN: Availability is being expanded from NFC on Android phones to QR Codes on all smartphones Consumers in Korea can now make cash withdrawals and deposits at ATMs by scanning a QR code with their Apple or Android smartphone rather than needing to use a physical bank card.

ATM

PYMNTS

MAY 27, 2020

CU branches across the United States have temporarily closed to help slow the spread of contagion, forcing CUs to find new ways to engage with their members via connected technologies, from mobile devices to laptops and especially ATMs. How Balancing Members’ Needs Improves End-To-End ATM Experiences. About The Tracker.

ATM

PYMNTS

SEPTEMBER 18, 2020

Mobile banking upstart Chime has completed funding that has provided the firm with a $14.5 Chime, which CEO Chris Britt co-founded in 2013, provides clients mobile banking accounts without charges, debit cards and automated teller machine (ATM) access. billion valuation, CNBC reported.

Mobile Banking

PYMNTS

MAY 28, 2020

Welcome Technologies is using Green Dot’s Banking-as-a-Service technology to create and optimize the features. A survey by Welcome Technologies of 10,000 immigrants found that only 44 percent used credit cards and 54 percent had savings accounts, the release states.

Mobile Banking

Fintech News

SEPTEMBER 1, 2024

Singapore’s OCBC Bank experienced technical difficulties on 1 September (Sunday) that temporarily disrupted its internet and mobile banking services. Customers encountered challenges accessing their accounts and conducting online transactions.

Online and Mobile Banking

Fintech News

MAY 21, 2024

Interest rates for savings accounts have become a prominent topic in recent years, driven by changing central bank policies and increasing inflation. In Singapore, banks have adjusted their offerings to attract customers by offering more competitive interest rates. inclusive of the prevailing interest rate of 0.05% p.a.)

Accounts

PYMNTS

AUGUST 21, 2020

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. Developments From Around The World Of Digital-First Banking. billion by 2024.

Blocks

Payments Source

JULY 24, 2017

As ATMs on large bank networks increasingly use mobile phones for account access — a trend driven in part by mobile banking — non-bank ATM operators are working to enable the same features to attract mobile-savvy cash users.

ATM

Stax

JANUARY 1, 2024

Business savings accounts are crucial to a sound organizational strategy. resident has only $1000 or less in their personal savings account. resident has only $1000 or less in their personal savings account. Accounts combining high-interest rates, no fees, and advanced online solutions are available.

Accounts

PYMNTS

FEBRUARY 3, 2020

The automated teller machine (ATM) debuted 51 years ago in the U.S., They quickly faded into the décor of banks and street corners, becoming a prosaic feature of everyday life. And while some imagined there’d be banks on Mars by 2020, few guessed that dull ATMs would one day reinvent retail banking.

ATM

PYMNTS

OCTOBER 6, 2020

In addition, the report says, services that were once available only at branches, such as loan or credit card applications, are being moved to mobile apps and ATMs. unveiled its next generation of operating software for ATMs, designed to integrate the now decades-old cash-dispensing machines into the digital age. 5) NCR Corp.

Online and Mobile Banking

Fintech Review

APRIL 30, 2025

Access to your bank account feels like a guarantee until the lights go out. With what happened in Spain and Portugal , it is normal to wonder what happens to your bank account when the power goes down. During large-scale power outages, people often ask : Can I access my bank account during blackouts?

Accounts

PYMNTS

DECEMBER 14, 2020

The pandemic has had a significant impact on consumer adoption of online and mobile banking services as more people are digitally engaging with their banks to curb health risks. Mobile banking use is ticking up, especially among younger users, with PYMNTS data showing that 75.9

Online and Mobile Banking

PYMNTS

MAY 28, 2020

ATMs are known for their convenience, offering walk-up or drive-through access to financial products like checking or savings accounts. True service-related issues appear when comparing legacy ATMs to modern digital banking solutions. We try to make sure our ATMs meet [their] specific needs.”.

ATM

PYMNTS

FEBRUARY 1, 2017

The first national private bank of Turkey, Yapı Kredi , has partnered with Ölçsan and the creator of the Eyeprint ID, EyeVerify, to make eye access a reality. What does this mean for those Turkish citizens that have a bank account with Yapı Kredi? Eyeprint ID was installed in the Yapı Kredi mobile banking app.

Mobile Banking

PYMNTS

APRIL 24, 2020

Banks are altering their customer interaction approaches to take precautions against further spreading COVID-19 while maintaining sound customer service practices. Exploring why banks need to implement these tools is critical as these technologies could them keep their customers satisfied and able to financially weather the pandemic.

Technology

PYMNTS

SEPTEMBER 4, 2020

It’s one of numerous revelations in PYMNTS’ Leveraging The Digital Banking Shift Report , a collaboration with Feedzai , based on a survey of nearly 2,200 U.S. account holders. It confirms that legions of consumers have shifted to online and mobile banking since the pandemic's arrival, and across demographic boundaries, people like it.

Online and Mobile Banking

PYMNTS

JULY 11, 2019

subsidiary of N26 GmbH, which was described in an announcement as one of the fastest growing mobile banks in Europe. There are no account maintenance fees or minimum balances required.”. also looks to debut Metal — a premium tier account — to U.S. The company is a U.S. customers “shortly thereafter.”

Mobile Banking

PYMNTS

MARCH 31, 2016

The number of survey respondents who said they use mobile banking features rose by 4 percentage points over the survey in 2014, The Wall Street Journal reported, showing that interest in capabilities like mobile payments and being able to check an account balance on the go have also increased among adults.

Mobile Banking

PYMNTS

JUNE 19, 2020

In that country, PayIDs debuted two years ago as part of Australia’s New Payments Platform tied to mobile banking and apps. As of June 17, according to coinmap.org, slightly more than 19,400 venues — merchants and ATMs — accept crypto as payment (or, in the case of ATMs, dispense it).

P2P

PYMNTS

MARCH 20, 2018

Fifth Third Bank has announced that its customers can now access the bank’s ATMs without having to use their debit cards. Instead, Fifth Third customers simply need to use the bank’s mobile app to access all of the ATM functions. In addition, the bank announced it is one of a few banks based in the U.S.

ATM

PYMNTS

DECEMBER 10, 2020

Consumers were forced to swiftly adapt to a world where their primary way to interact with businesses or banks became digital-first, with the pandemic seemingly increasing the number of consumers turning to digital tools to conduct their financial activities.

Posting

PYMNTS

FEBRUARY 28, 2020

We continue to see steady growth in mobile banking, online banking, enhanced ATMs, remote deposit capture, etc., Capital One cardholders can use as many or as little rewards as they want for Amazon purchases, and they can enroll by adding an eligible Capital One card to their Amazon account.

Office of the Comptroller of the Currency

PYMNTS

MARCH 12, 2019

The new mobile-first banking service is in conjunction with Green Dot Corp. It includes a debit account with no overdraft or monthly maintenance fees, access to a network of free ATMs nationwide and direct deposit. They get the opportunity to invest in the companies they are interacting with on a regular basis.

Mobile Banking

PYMNTS

FEBRUARY 22, 2018

While mobile banking has its perks, a new survey has found that 60 percent of Americans prefer opening a new checking account in-person at a bank branch. customers feel that online-only banks are “less legitimate” than those with branches.

Accounts

PYMNTS

JULY 16, 2020

Without the local branch to visit, financial institution (FI) customers were suddenly thrust into the world of digital and online banking. That’s particularly true in the customer onboarding process, with PYMNTS research revealing that only 56 percent of FIs currently offer the ability to open an account digitally.

Accounts

PYMNTS

JULY 27, 2018

bank rolled out an application programming interface (API) portal. In addition, Armenia’s VTB Bank launched mobile banking services, and Armenia’s ACBA-Credit Agricole Bank has started to accept JCB cards across the country. Welcome to The Axis, your late look at payments news from around the world.

Mobile Banking

Payment Savvy

NOVEMBER 9, 2022

An Electronic Funds Transfer (EFT) is the movement of money electronically from one account to another, either within a single financial institution or across multiple institutions, through computer-based systems. Transferring money between your own accounts at different banks. ATM Transactions. History of EFT Payments.

Online and Mobile Banking

PYMNTS

JULY 15, 2020

Wells Fargo has quietly stopped accepting new users for its Greenhouse mobile-first banking app, which the bank unveiled less than three years ago. The enrollment period for the Greenhouse mobile banking program has ended, and we’re no longer accepting new applications,” the company wrote on the Greenhouse program’s website.

Debit Card

PYMNTS

MAY 13, 2019

So, it is in banking with fraudsters and their victims, where attacks leverage weak points inherent in existing technologies and processes. The access lets the bad guys steal identities and drain bank accounts. The shift toward mobile banking done across phones also carries with it the promise of financial inclusion.

Online and Mobile Banking

Payment Savvy

NOVEMBER 8, 2022

Barely a couple of decades ago, there were just a few options available for transferring money from one account to another, but the rise of internet banking has given way to a bunch of different services with different names, processes, fees, and waiting times. ACH payments are strictly transferred between banking institutions.

ACH

PYMNTS

AUGUST 22, 2019

Banking startup N26 has announced that its mobile banking app is now available to customers across the United States, following the completion of a beta program that lasted two months, according to a release. Once it is downloaded, people can apply for an account and a Visa debit card. rating in Apple’s App Store.

Debit Card

FICO

DECEMBER 4, 2017

(CBT) used a character called Barney to popularize the use of nascent ATMs. According to a report in the Hartford Courant , the bank’s Barney character, which had a small round face and bow tie, was once so recognizable in the state that any bank's ATM came to be known as a “Barney machine.”

Mobile Payments

PYMNTS

JULY 30, 2019

Having a simple bank checking account costs an average a monthly maintenance fee of $13.58 ATM fees, on the other hand, average around $4.66. But the vision for Money Lion isn’t to be a bank in the best understood version of the term, he said, because “the last thing anyone needs is another traditional bank.”.

Consumer

PYMNTS

NOVEMBER 24, 2020

The service also offers access to Spaces sub-accounts, Shared Spaces functionality and more, N26 said in a statement on Tuesday (Nov. Also included are five no-charge ATM withdrawals each month. N26 is the pioneer of a freemium subscription model in banking.

Online and Mobile Banking