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Cash, cash back, cashback, Clydesdale Bank, Daily news, MasterCard, Metro Bank, Monzo, N26, POS Terminals, Starling Bank, Virgin Money, Yorkshire Bank -

Mastercard has outlined a new initiative to increase the UK’s access to cash. Local shops and businesses who choose to offer cashback in conjunction with a purchase, will from April... more

The post Mastercard to offer retailers fee incentive to boost cashback in the UK appeared first on Payments Cards & Mobile.

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Daily news, FinTech, Mobile Banking, Monetary Authority of Singapore, Monzo, N26, neobank, Regulation, Revolut, virtual banking licenses -

The Monetary Authority of Singapore (MAS) is reported to be evaluating if it should allow FinTech companies to operate in the city under a virtual banking license. Banks in Singapore... more

The post Singapore exploring virtual banking licenses for FinTechs appeared first on Payments Cards & Mobile.

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(OBIE, API, Challenger banks, Daily news, digital bank, E-Money, FinTech, Mobile Banking, Mobile Wallet, Monzo, Open Banking, Open Banking Implementation Entity, Revolut, Starling, super app -

The journey from unbundling to rebundling and back has been a formidable one. Open Banking and emerging technologies and the pace of innovation are driving changes throughout the banking industry... more

The post Open Banking: The future of banking appeared first on Payments Cards & Mobile.

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bank account, challenger bank, Daily news, Gen-Z, Issuing & Acquiring, Millennial, millennials, Mobile Banking, Monzo, Open Banking -

Banking customers are increasingly opening multiple accounts, particularly the younger generations, with up to a third of Millennials and Gen-Zs having opened at least two new accounts in the past... more

The post One new bank account opens every 6 seconds in UK appeared first on Payments Cards & Mobile.

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Alternative Payments (APMs), Daily news, E-Money, e-money licence, FinTech, Google, Google Bank, Google e-money licence, Google Pay, Issuing & Acquiring, Mobile Wallet, Monzo, N26, PSD2, Regulation, Revolut, Starling, TransferWise -

Google has announced that it has been granted an e-money licence and authorised as a payment institution in the Republic of Ireland, paving the way for it to begin providing new... more

The post Google granted e-money licence for EU appeared first on Payments Cards & Mobile.

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