Payments News

On The Web

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Deals

Current Joins Mobile-Banking Boom With $131 Million Tiger Global-Led Round

“Investors are pumping money into mobile-banking startups as more consumers open digital accounts—and New York-based startup Current is the latest beneficiary of this trend. The startup, which offers free mobile banking accounts in the U.S. and is incorporated as Finco Services Inc., raised $131 million in a Series C funding round led by Tiger Global […]
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On The Wires

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Providers

Plaid and Jack Henry partner to enable Plaid Exchange for over 350 banks

“Since the launch of Plaid Exchange, we’ve learned that many financial institutions need technical support in implementing the platform. That’s why we’re excited to partner with Jack Henry & Associates® to enable Plaid Exchange for financial institutions on their Banno Digital Platform . With this partnership, Jack Henry customers will have “zero-lift” access to the […]
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Domains

HSBC Bank Launches Single Global Account and Real-Time Payments Platform: HSBC Global Money Account

“HSBC Bank USA , N.A., (HSBC), part of the HSBC Group, today announced the launch of its newest real-time payments offering. HSBC’s Global Money Account allows its international customer base to hold, manage and send money across various currencies to 14 million HSBC customers in 20 countries worldwide through a single account 24/7. There are […]
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Providers

Klarna expands its popular in-store payment offering in the US

“Klarna, the leading global payments and shopping service, today announced that it has expanded its in-store payment services to more than 60,000 stores nationwide, including top retail brands such as H&M, O.N.S. Clothing, The North Face and Timberland. Customers will now be able to make purchases using Klarna’s four, interest-free payments at even more physical […]