Payments News

On The Web

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Global

Kredivo Raises $30M To Build A Digital Credit Card For Southeast Asia

“The company launched its ‘Kredivo’ service two years ago to help consumers pay online in Southeast Asia, where credit card penetration is typically low, and it is essentially the combination of a digital credit card and PayPal. The service is available in Indonesia, Southeast Asia’s largest economy, where it uses a customer’s registered phone number — there […]
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Deals

Even Raises $40M To Transform The Working Class To The Savings Class

“But Even.com is increasingly focused on improving the quality of its intelligent budgeting feature. Using artificial intelligence models honed over the past few years, the company now gives users of its Even app an “Okay to spend” figure that helps them think through their cash flow. By giving a predictive figure rather than a checking account balance, […]
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Companies

BofA Trumpets Success With Erica, Zelle

“Bank of America has announced that Erica, its artificial intelligence-driven virtual financial assistant, now has more than 2 million users. According to a press release, this is more than double the number of customers using the technology less than a month ago. And that’s not BofA’s only recent mobile milestone: The number active users of the Zelle person-to-person payment […]
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Tech

App Store generated 93% more revenue than Google Play in Q3

“There’s always been a gap between how much money Apple’s App Store makes when compared with Google Play. But in the third quarter of 2018, that gap widened considerably – possibly to the widest point yet. According to a new report from Sensor Tower, the App Store earned nearly 93% more than Google Play in the […]

On The Wires

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Tech

United Airlines Unveils New United MileagePlus X App

“Today, United Airlines is introducing the relaunch of the United MileagePlus X app, which offers United MileagePlus® members a unique opportunity to earn award miles for everyday purchases. The app has been refreshed to integrate additional programs to make it even easier for members to accumulate miles. Additionally, the app features the launch of United Visa […]
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Tech

MoneyGram Launches Mobile App in U.S. and 14 Additional Countries

“MoneyGram (NASDAQ: MGI) announced today its new mobile app is now available for consumers in the U.S., the company’s largest send market, and 14 additional countries. The MoneyGram mobile app (IOS and Android) offers convenient features like biometric identification, location finder, transfer tracking, plus exchange rates and fee estimates. “
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