The average person has multiple financial accounts to juggle, from credit cards, to mortgages, and checking accounts. These days, an individual's personal finances are often a complex web. Keeping track of the various strands of the web is essential for reaching financial goals and achieving financial stability. Personal financial management…
There is an ongoing story developing in Europe of debit card and challenger bank middleware giant Wirecard. They have been thrown into crisis after an audit uncovered over $2 Billion in bonds on their balance sheet that were unaccounted for, causing them to file for insolvency in Germany. There has…
Financial technology (fintech) companies are coming up with innovative ways to help people and businesses manage their money. As of February 2020, there were 8,775 fintech startups in North America. Fintechs are playing an increasingly significant role in the financial world. For instance, fintechs now grant well over a third…
Did you know that it’s possible to pay living or business expenses without needing a checking or savings account? Prepaid cards for underbanked or unbanked individuals offer a smart, simple solution that just about anyone can use. If someone doesn’t have a bank account, or they live in an area…
Challenger banks are online, internet, or digital banks. They are competing against more traditional, incumbent banks, which is where they get the name “challenger” from. These challenger banks are hard at work across the world, using digital technology to disrupt traditional banking business models and streamline retail or small business…
What does someone do if they want or need to pay with a card, but they don't have a checking account and don't have the credit history to open a credit card account? What about people who don't want to have access to all their funds with a single swipe…
Technological advancements have led to the development and popularity of electronic money (e-money), which is a cashless payment method. Companies that want to offer their clients this service in Europe must obtain an e-money license. If you want to provide a wider range of services to your clients, an e-money…
Creating prepaid debit card programs has become more mainstream than ever for business leaders who want a simpler, safer way to make purchases. With the rise of prepaid programs within companies, comes the need for effective management strategies. That’s why, when you choose a prepaid card program manager, it’s important…
The payments industry is experiencing tremendous growth, while at the same time changing rapidly and becoming more complex. There are many factors contributing to the transformation of the payments industry. COVID-19 has accelerated the rise of Payments as a Service. There are also emerging technologies such as blockchain and AI,…
Hydrogen, a global fintech enablement platform, partners with IDology, a GBG company and the global leader in identity verification and KYC solutions, to offer a one-stop-shop solution to companies that need to run KYC checks on their end users. New York, NY June 1, 2020 - The Hydrogen Technology Corp…