Payments News

On The Web

nbsp;

Providers

Monese and Mastercard enter strategic partnership to better serve the underbanked across Europe

“Digital banking provider Monese has today revealed a strategic partnership with global payments giant Mastercard to enhance local banking across Europe.  The two companies are hoping to better serve the underbanked through the collaboration by providing greater access to banking services and electronic payments.  As part of the partnership, Monese will become a principal Mastercard […]
nbsp; nbsp;

Providers

A ‘platform built by us and for us’: Black leaders start neobank

“Television executive Ryan Glover, rap star Killer Mike and civil rights leader Andrew Young have launched a digital bank for Black and Hispanic consumers called Greenwood Financial. “It’s no secret that traditional banks have failed the Black and Latinx community,” said Glover, who is chairman of Atlanta-based Greenwood.”
nbsp; nbsp;

Providers

Revolut Boosts Real-Time Payments with SEPA Instant Euro

“Revolut, which bills itself as a “digital banking alternative”, is boosting its real-time payments offering with the launch of Sepa Instant in Europe. The move rounds out the fintech’s real-time payment capabilities in different currencies via its network. As it touts its new service in the area, Revolut said it has become one of the […]

On The Wires

nbsp; nbsp;

Providers

Rapyd Selected by Spanish Neo-bank Bnext for Latin America Expansion with Mexico as the First Market

“Rapyd , a global Fintech as a Service company, today announced a deal with Bnext , Spain’s first mobile neo-bank for cash collection with plans to expand services across Latin America. The partnership will allow Bnext customers to make cash deposits to their accounts in 30,000 locations in the country and will expand to interbank deposits later via […]
nbsp; nbsp;

Providers

Rellevate Launches Digital Consumer Financial Services Platform for People Who Need It Most

“Rellevate™, a digital fintech company aimed at facilitating access to consumer financial services for middle and lower income Americans, officially launched its platform today. The announcement was made by Stewart A. Stockdale, Rellevate’s Co-Founder, Chairman & CEO, who also announced that the Rellevate platform will facilitate banking services through Sutton Bank.”
nbsp;

Providers

Varo Bank Is Here — America’s First Digital Consumer Bank

“On February 10th, 2020, I posted an article announcing Varo’s FDIC approval. It was a historic moment for the banking industry at the time. Today, I announce the official opening of Varo Bank. In the few months between these posts, a series of crises have challenged the very foundation of our society — Covid-19, soaring […]