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    The prepaid debit cards can also be activated and deactivated on the platform and payment restrictions prevent cards being used for gambling and adult services.

    New UK fintech Cleva launched its payments system for home care agencies

    Payments
    By FintechNews Staff Summary: -New payments platform gives care agencies a quick, safe, and simple way for staff to pay for shopping and other expenses on...
    Top 100 Fintech startups making a breakthrough in 2021

    Top 100 Fintech startups making a breakthrough in 2021

    Payments
      As we all use mobile banking and make transactions just a click these days, whether it be financial applications to calculate EMIs or insurances,...
    Bitcoin breaches its all-time high, but there´s plenty more to go

    Bitcoin breaches its all-time high, but there´s plenty more to go

    Payments
      It isn’t every week that bitcoin sets a new all-time high, so this week was filled with celebration, especially as the first two bitcoin...

    Cryptocurrency poses risks, opportunities for US public finance

    Payments
      A limited number of US public finance issuers are encouraging cryptocurrency (crypto) ventures and exploring the use of crypto as a form of exchange...
    Facebook scales back its crypto ambitions once again

    Facebook scales back its crypto ambitions once again

    Payments
      Facebook is launching a small pilot of its cryptocurrency wallet named Novi. A limited number of people in the U.S. and Guatemala can sign up to Novi...
    5 best crypto wallets of 2021

    5 best crypto wallets of 2021

    Payments
      Crypto wallets are an essential tool for buying, trading and selling cryptocurrencies. Traders need them to store crypto securely, as well as to protect...
    Which are the Prominent Personal Finance Mobile Apps? 1. Intuit Intuit Mint is a personal finance management company formally established in 2006 by Aaron Patzer. The company operates in the U.S. and Canada with more than 20 Mn users. It offers the application for two of the most widespread operating systems - Android and iOS, which led to increase the flexibility of its services. 2. Chime Chime is a San Francisco-based Fintech company established back in 2013 by Chris Bitt and Ryan King. The company provides a connected approach through mobile apps to banking services that gives it complete control on finances. Its mobile app is available for iPhones and Android devices, and more than 10 Mn downloads have been recorded at the Google App Store. 3. Digit Digit is a wealth management app company based in San Francisco U.S. The company uses machine learning and numerous financial practices to save and invest the money of users. Digit is available on both Play Store and Apple Store. 4. Albert Albert is a wealth management application firm based in California, United States. The company offers diverse services, from budgeting, saving, investing, and financial advisory. Albert can be used on iOS and Android-based devices. 5. Prism Prism is a bill management and bill payment platform that offers to pay bills on multiple platforms and delivers financial well-being. The company has more than 30 Mn users and thousands of financial institutions. Prism also offers personal budgeting to its users and is available for iOS and Android devices

    Overall time spent on investment and trading apps increased Y-o-Y more than 50% in...

    Payments
    By FintechNews staff   Increasing penetration of smartphones and the Internet across the globe is likely to augment demand over the coming years. Currently, global penetration...
    Revolut becomes the latest fintech to cut fees for banking and crypto trades

    Revolut becomes the latest fintech to cut fees for banking and crypto trades

    Payments
      Revolut, which started in the United Kingdom and quietly launched in the U.S. in March 2020, is cutting down the number of fees its...
    Two Key Digital Payments Trends in the Post-COVID World

    Two key digital payments trends in the post-COVID world

    Payments
      No one could have predicted what 2020 would bring. That sentiment rings true across nearly every aspect of our lives, and the way consumers...
    Blockchain is accelerating the digitization of trade transactions

    Blockchain is accelerating the digitization of trade transactions

    Payments
      Almost every industry was affected by the pandemic, and many businesses that had already incorporated some form of digitization in their processes were still...
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