Payments News

On The Web

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Tech

New Generation of Digital Banks Bets on Minority Markets

“Daylight estimates there are 30 million Americans who identify as LGBTQ. It is among a cohort of new digital banks in the United States targeting communities where many people say their needs have not been met by mainstream lenders. Such startups include First Boulevard and Greenwood, both focused on serving Black Americans, Cheese Financial aimed […]
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Deals

Colombia’s Davivienda, Rappi to Invest $50M in New Digital Bank

“Colombian lender Banco Davivienda SA’s board approved a framework agreement to invest in the bank’s joint venture with logistics giant Rappi SAS, according to a filing from the bank. The framework agreement will allow Davivienda, through Corporación Financiera Davivienda SA and Rappi, to move forward in the strategic alliance with the logistics company and apply […]
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On The Wires

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Deals

Q2 Holdings Makes Digital Account Switching Fast and Easy With Acquisition of ClickSWITCH

“Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced its acquisition of ClickSWITCH, a patented digital account switching software-as-a-service (SaaS) solution that has transformed how financial institutions and financial technology companies (fintechs) attract and retain new primary account holders. The acquisition reflects Q2’s ongoing mission to build […]
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Tech

Walgreens Announces Further Expansion of Its Financial Services Business Strategy With InComm Payments

“Walgreens today announced an agreement with InComm Payments , a leading global payments technology company, to provide convenient and accessible financial services options for its customers. Together, the companies will launch a new bank account offering for its customers to be established at MetaBank* with a Mastercard debit card that will serve Walgreens shoppers both […]
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Tech

KeyBank and Laurel Road Launch Digital Bank for Doctors

Laurel Road, a brand of KeyBank, unveiled today Laurel Road for Doctors, a digital bank tailored to physicians and dentists with products and services designed to provide the financial help and peace of mind they need through each career stage. The goal of the new digital bank is to help ease the burden for doctors […]