FinTech Responds to Rise of On-demand Economy, to Offer Complete Payment Solution for Businesses

Currency Cloud, the B2B international payments engine inside countless financial firms announces a new Direct Debit functionality in partnership with Fidor Bank, a Munich-based digital bank that provides a unique banking API to seamlessly integrate Direct Debits into the payment processes of Currency Cloud and its customers. The new capability means that Currency Cloud can

ZenBanx’s Red Envelope Program Makes “Gifting” Money Mobile

ZenBanx, a new digital bank founded by Arkadi Kuhlmann, who introduced savings focused internet banking with ING Direct in the late 1990’s, announced the launch of the ZenPay Red Envelope Program in California. ZenPay’s Red Envelope Program will honor the ancient Chinese tradition of giving family and friends Red Envelopes containing monetary “Good Fortune” to

UK Consumers Open to Pure Digital Banks, According to Accenture Survey

One-quarter (25 percent) of UK consumers would consider using a pure digital bank – a bank with no branches or call centres that is only accessible via laptops and mobile devices, according to the latest survey of UK current account customers conducted by Accenture. Customers aged 25 to 34 are most keen on the idea