Trust is a digital bank's most crucial currency, 3 challenger CEOs say

The leaders of Chime, Varo and Grasshopper Bank discuss lessons learned from a recent outage, and big banks' innovation pain points.

By Dan Ennis • Oct. 30, 2019

Uber's payments-arm rollout may signal it's changing lanes

The timing of the ride-sharer's revamped offerings may take advantage of an Apple-sized swell in financial services.

By Dan Ennis • Oct. 29, 2019

Explore the Trendline➔

The Banking Dive Outlook on 2022

Some narratives in 2022, such as office returns, will seem like a logical progression from the year before. Others, such as the regulatory sphere and shift toward smaller M&A, may mark a big shift from the previous 12 months.

By Banking Dive staff

Ondot aims to give smaller banks 'Apple Card-like' success with Card App

Fintech partnerships can help community banks go high-tech while staying high-touch, an ICBA executive says.

By Anna Hrushka • Oct. 29, 2019

Cannabis can be most transparent business to bank, Simplifya exec says

Banks entering the space can plumb a wealth of data, based on the number of fintechs that have sprung up to address the challenges associated with the industry, the company's chief compliance officer says.

By Anna Hrushka • Oct. 28, 2019

Fintech Nova Credit helps American Express tap into immigrants' credit history

Nova's technology reinterprets international data into a U.S. credit score. Amex is targeting a typically high-credit-quality segment of the 46 million U.S. newcomers who may have trouble getting credit.

By Dan Ennis • Oct. 27, 2019

Venmo payment volume jumps 64% as PayPal looks to capitalize

The parent company is looking to monetize Venmo through an upcoming credit-card rollout and an offer of instant transfers from the app to a U.S. bank account.

By Anna Hrushka • Oct. 25, 2019

Ripple's focused approach is paying off, CEO Garlinghouse tells conference

"I think one of the mistakes that some in the industry have made is they go super broad and not very deep," the tech leader said. "Ripple has done the opposite.”

By Anna Hrushka • Oct. 24, 2019

Ocean shippers' digital payment platforms fill post-recession banking void

French carrier CMA CGM seeks to offer financial relief in the form of improved cash flow to companies working to mitigate the instability of the current trade environment.

By Morgan Forde • Oct. 22, 2019

Mastercard, PNC partner on real-time B2B payment pilot

"Consumers are used to the convenience of buying and paying for things with a simple swipe on their mobile devices," said Ron Shultz, a Mastercard executive vice president. "Businesses, on the other hand, follow a clunky and inefficient process when it comes to payments."

By Dan Ennis • Oct. 21, 2019

Affirm launches mobile app for payment installments

The payment platform is targeting credit card-averse millennials and Gen Z shoppers ahead of the holiday season.

By Tatiana Walk-Morris • Oct. 18, 2019

Libra will have 100 backers before launch, exec predicts

Despite the exits of Visa, Mastercard, Stripe and PayPal, banks and financial institutions have expressed interest in joining the Facebook-led crypto project, said Libra's COO, Bertrand Perez.

By Anna Hrushka • Oct. 18, 2019

Venmo to roll out credit card through Synchrony next year

The deal gives the bank access to a quickly growing customer base outside the retail sphere, where a messy split with Walmart dealt Synchrony a blow.

By Dan Ennis • Oct. 17, 2019

Most Americans still have reservations on going cashless, survey finds

Emergencies were the No. 1 reason respondents said they carry cash (60%), followed by small purchases (50%), tips (42%) and to manage their finances (20%), the J.D. Power report found.

By Anna Hrushka • Oct. 14, 2019

Ex-LendingClub CEO rolls out credit card-loan hybrid

The launch comes as his former company debuts a digital same-day settlement platform for institutional investors.

By Dan Ennis • Oct. 11, 2019

Digital bank eyes US immigrant market with unlimited money transfers

Remittance fees for Majority's customers are covered in its $5 monthly membership fee.

By Anna Hrushka • Oct. 11, 2019

Crypto firm hired actors to pose as Comerica, Mastercard execs, bank says

Comerica said its legal team is aggressively pursuing the takedown of web pages linking the bank with the Asian firm VRB.

By Dan Ennis • Oct. 10, 2019

Senators warn Visa, Mastercard and Stripe of risks with Facebook's Libra

The social media giant "has not provided a clear plan for how it will prevent Libra from facilitating criminal and terrorist financing" or "destabilizing the global financial system," the lawmakers wrote.

By Dan Ennis • Oct. 10, 2019

ATM fees jump again, but most customers try to avoid them

Machine operators may be raising fees because they're seeing fewer customers, an analyst with Mercator Advisory Group said.

By Dan Ennis • Oct. 7, 2019

Square opens digital payments platform to more CBD businesses

The San Francisco-based payment processor's move comes more than four months after it rolled out an invite-only pilot program.

By Anna Hrushka • Oct. 4, 2019

PayPal withdraws from Facebook's Libra crypto project

Lawmakers may seek additional congressional hearings to press the company for details on why it walked away, research firm Cowen said.

By Dan Ennis • Updated Oct. 8, 2019

GOP lawmakers push CFPB to extend remittance rule exemption

If the exemption ends, many banks may stop providing money transfers abroad for fear they'd no longer comply with the rule, the 16 members of the House Financial Services Committee wrote.

By Dan Ennis • Oct. 2, 2019

Fintech Revolut leans in to Visa, away from Mastercard in market expansion

The U.K.-based digital bank is using the Visa deal to expand into 24 new markets. But it's launching in the U.S. this year with Mastercard.

By Dan Ennis • Oct. 1, 2019

Industry execs question cannabis banking bill's potential impact

One compliance officer says she is concerned "there's not enough teeth" to provide safety for banks that service pot-related businesses.

By Anna Hrushka • Oct. 1, 2019

Zelle not worried about market saturation

The platform's growth in payments and transactions tapered off slightly, but an executive said there's still plenty of room to expand.

By Anna Hrushka • Sept. 30, 2019

Former 'Robin Hood' payments company TransferWise dips toe in US banking market

The company's employees once ran through New York City's streets in their underwear to show they had "nothing to hide" in a jab against banks' fees. Now it's partnering with a credit union and a neobank for small businesses.

By Dan Ennis • Sept. 27, 2019