Top Stories

08.18.17

Top 5 Best Challenger Banks: Revolut

Last month, we asked Paybefore.com visitors to vote for the Best Challenger Banks—the ones shaking up the status quo with a legit chance to become consumers’ preferred accounts, not just a stepping stone to the big banks. For the next few weeks, we’ll be sharing our spotlight articles on these challengers. First up is Revolut.

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Mobile & Emerging Payments

08.18.17

Mobile Contactless Hits £370 Million in U.K. in H1 2017

Mobile contactless transactions in the U.K. topped £370 million (US$476 million) in the first six months of 2017, a whopping 336 percent year-on-year increase, according to the latest transaction data from payments processor Worldpay. (Infographic included.)

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Pay Studio

08.18.17

Mobile Contactless Hits £370 Million in U.K. in H1 2017

Mobile contactless transactions in the U.K. topped £370 million (US$476 million) in the first six months of 2017, a whopping 336 percent year-on-year increase, according to the latest transaction data from payments processor Worldpay. (Infographic included.)

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Retail

08.17.17

CIBC Goes it Alone with New Simplii Financial Banking Brand

Canada’s banking group CIBC has unveiled Simplii Financial, its new direct banking brand, signaling the end of its President’s Choice Financial consumer banking business with retailer Loblaw.

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Op-Ed

08.18.17

Is Your Wallet Ready for 2020?

It’s safe to say mobile is just getting started as a payments form factor, but don’t chuck your plastic cards just yet. Personalization, including QR codes, can boost usage and help you stay top of wallet.

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Government Watch

08.16.17

U.S. Sen. Warren Questions Big Banks on Arbitration

As expected, U.S. Sen. Elizabeth Warren (D-Mass) is not going to let the CFPB’s final rule on arbitration agreements go down without a fight. The ranking member of the Senate Banking Committee’s Subcommittee on Financial Institutions and Consumer Protections wants big banks—not just their lobbyists—to address the issue.

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On The Move

08.18.17

PIF Welcomes GPS

The Prepaid International Forum has added another member to its roster. Global Processing Services, whose managing director Suresh Vaghjiani is an Industry Achievement Award recipient in the 2017 Pay Awards, has joined the nonprofit trade group.

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