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The information you need to start your day, from PaymentsSource and around the Web. Today: Paytm's push at the point of sale; French ride hailing app SnapCar streamlines payroll; NatWest tests cardless pay; Payments Canada adds risk management exec.
June 13 -
Above all, open banking helps financial institutions improve the user experience, increasing customer satisfaction and addressing consumer needs, writes Aurimas Adomavicius, president and co-founder of Devbridge Group.
June 13
Devbridge Group -
MyBucks plans to give away entry-level smartphones, loaded with the company's financial technology, to encourage mobile payments, mobile banking and broader access to digital services in Africa, where financial innovation often moves quickly.
June 13 -
Nearly a third of the company's revenue will come from noninterest income after it buys SCB, which owns a large insurance and farmland management business.
June 12 -
Ben Holzman helped build Bain Capital Ventures' enterprise software practice.
June 12 -
A bill moving through the California Legislature seeks to tame the largely unregulated world of online small-business lending. If passed, it would be the first of its kind nationally, but so far it has failed to satisfy either the industry or its critics.
June 12 -
An affiliate of MatlinPatterson will reduce its ownership to 48% from more than 60% after selling 8 million shares.
June 12 -
With the question of a federal charter still looming, Treasury's last report on changes to the financial regulatory system will focus on nonbanks and new tech startups.
June 12 -
Credit unions announce board election results, strategic appointments, new hires and more.
June 12 -
Banks and startups compete for the same clients, as customers want one source for online checking and investment accounts.
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