Ritual plans major expansion of mobile food ordering in Europe, North America

Jan. 31, 2019 Ritual, a mobile app for food pickup, is expanding into the U.K. and Australia as well as multiple European countries. "We are exploring a number of major...
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Juniper Report warns contactless cards threaten growth of OEM pay in U.S.

Jan. 31, 2019 A Juniper Research report warns that the window for mobile pay services, like Apple Pay and Google Pay, is closing fast, as just 14 percent of U.S....
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Stripe raises $100M from Tiger Global for international expansion, operations

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BITSTOP introduces Bitcoin ATM

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Hosted Services Video Rapidly evolving banking technology, introduction of new age channels and aggressive competition require banks to make significant investments in infrastructure, technology, and inter-operable payment channels and resources....
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Citcon, East West Bank partner on expanding WeChatPay Alipay to US retailers

Jan. 30, 2019 Citcon, a cross-border payment firm, is partnering with East West Bank to provide WeChatPay and Alipay mobile wallet solutions to U.S. retailers, according to a press release....
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Mobile banking startup Varo raises APY on savings

Jan. 30, 2019 Varo Money Inc., a San Francisco-based mobile banking startup, has raised the annual percentage yield on its savings account to 2.8 percent, which it claims is the...
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Fundbox Pay extends financing decisions to e-commerce platforms


Jan. 30, 2019 Fundbox is planning to extend its B2C credit feature to create an AI-based B2B platform for e-commerce checkout that will allow instant decisions on financing, according to company...
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Visa, NFL extend partnership to grow cashless payments at Super Bowl

Jan. 29, 2019 Visa Inc. announced a renewed agreement with the National Football League to be its official payments service technology partner through the year 2025, and also is working...
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Revolut to hire global licensing team for international digital banking expansion

Jan. 29, 2019 Revolut, the London-based digital bank, plans to hire a global licensing team as part of a plan to expand internationally, with plans for the U.S., Canada, India,...
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Construction finance startup Billd raises $60 million from LL Funds

Jan. 29, 2019 Billd, an Austin, Texas-based startup specializing in construction finance, has raised $60 million in Series A debt and equity funding from LL Funds, according to company officials....
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Aria Systems signs with Polaris Media to provide cloud-based billing

Jan. 29, 2019 Aria Systems said it entered a deal with Polaris Media, the third-largest publishing firm in Norway, to provide its cloud-based billing and monetization platform to the company...
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The Future of Fintech Video Series: Chime

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Acorns raises $105M Series E, enters content deal with CNBC

Jan. 28, 2019 Acorns, a mobile app-based savings and investment platform, has raised $105 million in Series E funding, led by NBC Universal, Comcast Ventures and others, that values the company...
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IBM, PNC Bank launch blockchain plan with major insurers

Jan. 28, 2019 IBM is teaming up with PNC Bank, Aetna, Anthem and Health Care Service Corp. to develop a blockchain-based network to streamline payments, claims, update provider networks and...
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Soho Coffee, Yoyo roll out payment, loyalty app for UK locations

Jan. 28, 2019 Soho Coffee Co., a London-based chain, has partnered with Yoyo, a European mobile payments platform, to launch a mobile loyalty and payments app, according to a company...
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MSBA elects four board members for 2019 term

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Discover, Garmin team on smartwatch contactless payments

Jan. 28, 2019 Discover Card users can make contactless payments via Garmin smartwatches using the virtual wallet Garmin Pay. Garmin Pay, powered by FitPay, is available on several Garmin smartwatches,...
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The Future of Fintech Video Series: OV

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Microsoft to retire Microsoft Wallet app by end of February

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Psychological barriers to greater mobile payment use in the US

Psychological barriers to greater mobile payment use in the US
Jan. 25, 2019 By Wei Ke and Wenbo Li, managing partner and manager, Simon-Kucher & Partners Mobile payments have failed to make a dent in the U.S. despite the fact...
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