Payments News

On The Web

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Tech

H&R Block Turns to MX, Galileo to Power Its Spruce Banking App

“H&R Block’s challenger bank, Spruce , has chosen the financial data platform MX and Galileo Financial Technologies, a firm that helps challenger banks with payments and digital banking, to provide some components of the technology behind its mobile banking app. The companies announced the partnerships this week. The choices of Galileo and MX provide a […]
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Tech

JPMorgan to Launch Digital Bank Chase in Britain Next Week

“JPMorgan (JPM.N) is set to launch its big assault on British high street banks and online lenders from next week, with the launch of its long-planned digital retail bank Chase. The venture – JPMorgan’s first overseas retail bank – is set to launch its smartphone app initially offering current accounts on Tuesday, a JPMorgan spokesperson […]
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Tech

California Fintech MovoCash Expands Fund Transfer Options With Assistance From Fiserv

“MovoCash, a California-headquartered Fintech firm, is improving their clients’ on-demand banking experience with new money movement options supported by Fiserv, Inc. ( NASDAQ: FISV ), an international provider of payments and financial services tech. MOVO is enhancing payments by enabling clients to deposit, pay, receive, save, send and spend their funds within seconds. Additionally, customers can mint […]

On The Wires

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Tech

Dollar General Adds Enhanced Financial Services

“Dollar General (NYSE: DG) today announced a series of new financial services aimed at increasing access to banking options and providing additional customer payment alternatives. New services include the introduction of Dollar General’s exclusive spendwell™ banking platform, a buy-now, pay-later test program with Sezzle ® and new FIS Worldpay ® card reward points payment options, […]
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Tech

American Express Expands Membership With New American Express® Rewards Checking Account

“American Express (NYSE: AXP) today launched American Express® Rewards Checking (Amex Rewards Checking), the company’s first all-digital consumer checking account, currently available for eligible U.S. Consumer Card Members. Amex Rewards Checking offers a range of benefits, including Membership Rewards points for eligible Debit Card purchases, an annual percentage yield (APY) rate that is 10 times […]
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Tech

H&R Block Introduces Spruce Mobile Banking Platform to Help More Americans Be Good With Money

“Living paycheck to paycheck is one of the biggest sources of economic stress for Americans today—and these anxieties impact mental and physical health. Two-thirds of the U.S. population struggle with one or more aspects of their finances, including spending, saving, and planning. To address these needs, H&R Block (NYSE: HRB) announces the launch of the Spruce℠ […]
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Tech

Intuit Introduces Money by QuickBooks, Mobile Banking Designed for Small Businesses

“Intuit (Nasdaq: INTU) today announced Money by QuickBooks , the latest addition to a comprehensive and ever-expanding suite of QuickBooks offerings that power small businesses with the ability to get paid and manage their cash flow. The Money by QuickBooks mobile app available for free on iOS and Android is designed to give entrepreneurs, freelancers and sole […]
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Tech

Mbanq Signs With Temenos to Launch World’s First Credit Union-as-a-Service and Accelerate Banking-as-a-Service in US Market

“Silicon Valley-based Mbanq, a Banking-as-a-Service (BaaS) provider and one of the world’s fastest growing FinTechs, today announced it has signed a strategic agreement with Temenos (SIX: TEMN), the open cloud banking company, to launch an innovative Credit-Union-as-a Service (CUaaS) offering, and to accelerate BaaS adoption across the US. CUaaS is offered by Mbanq’s Credit Union […]
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Tech

Scarlet™, a New Bank Account and Debit Mastercard®, Launches Exclusively at Walgreens, Promotes a Path to Financial Health, Earns Rewards on Purchases at Walgreens and Beyond

“Walgreens and InComm Payments ™, a leading global payments technology company, today announced the launch of Scarlet 1, a bank account and debit card powered by Mastercard and issued by MetaBank®, available exclusively at Walgreens. Scarlet helps make the path to financial wellness simpler than ever with Walgreens Cash rewards, as well as personal finance […]