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ECS Fin-Transaction Processing & Automation

Broadridge: Financial Services Firms Accelerating Technology Transformation

Broadridge: Financial Services Firms Accelerating Technology Transformation Broadridge a $4 billion global Fintech leader a leading provider of investor communications and technology-driven solutions to...

Latest Posts

Sberbank: Rolls out SberPay a new system for payment services

Sberbank: Rolls out SberPay a new system for payment services SberPay for individual customers is an instant, convenient, and secure payment solution For companies...

TISA: Rolls out next generation digital marketplace

TISA: Rolls out next generation digital marketplace Commences the industry-wide rollout of TISAtech, a digital marketplace that brings together financial institutions TISAtech enable financial...

NextGen.Net: Acquires Frollo to lead the way in open banking

NextGen.Net: Acquires Frollo to lead the way in open banking Announced it has acquired Frollo, a purpose-driven Australian FinTech and leading provider of financial...

Rivian: Raises $2.5B as it pushes to bring its electric RT1 pickup

Rivian: Raises $2.5B as it pushes to bring its electric RT1 pickup New investors Soros Fund Management LLC, Coatue, Fidelity Management and Research Company...

Monzo turning off debit card top-ups

Monzo turning off debit card top-ups for everyone from 2 October 2018

  • Users won’t be able to add money to their account with another debit card from in the app anymore.
  • Users can make a bank transfer, set up a recurring payment, or have salary paid in or use its Monzo.me service instead
  • UK challenger bank Monzo shut down this service around nine months ago, but had to reopen it due to consumer demands and despite its costs
  • Every time someone adds money by topping up, Monzo pay a small fee to a third-party company who process the payments which cost £4 million last year
  • This change will affect older users as they stopped debit card top-up since March 2018
  • Last month, Monzo raised fund of a $1.5 billion

Latest Posts

Sberbank: Rolls out SberPay a new system for payment services

Sberbank: Rolls out SberPay a new system for payment services SberPay for individual customers is an instant, convenient, and secure payment solution For companies...

TISA: Rolls out next generation digital marketplace

TISA: Rolls out next generation digital marketplace Commences the industry-wide rollout of TISAtech, a digital marketplace that brings together financial institutions TISAtech enable financial...

NextGen.Net: Acquires Frollo to lead the way in open banking

NextGen.Net: Acquires Frollo to lead the way in open banking Announced it has acquired Frollo, a purpose-driven Australian FinTech and leading provider of financial...

Rivian: Raises $2.5B as it pushes to bring its electric RT1 pickup

Rivian: Raises $2.5B as it pushes to bring its electric RT1 pickup New investors Soros Fund Management LLC, Coatue, Fidelity Management and Research Company...

Trending Stories

Sberbank: Rolls out SberPay a new system for payment services

Sberbank: Rolls out SberPay a new system for payment services SberPay for individual customers is an instant, convenient, and secure payment solution For companies...

TISA: Rolls out next generation digital marketplace

TISA: Rolls out next generation digital marketplace Commences the industry-wide rollout of TISAtech, a digital marketplace that brings together financial institutions TISAtech enable financial...

NextGen.Net: Acquires Frollo to lead the way in open banking

NextGen.Net: Acquires Frollo to lead the way in open banking Announced it has acquired Frollo, a purpose-driven Australian FinTech and leading provider of financial...

Rivian: Raises $2.5B as it pushes to bring its electric RT1 pickup

Rivian: Raises $2.5B as it pushes to bring its electric RT1 pickup New investors Soros Fund Management LLC, Coatue, Fidelity Management and Research Company...

Accrualify: Partners With Visa For New Corporate Card

Accrualify: Partners With Visa For New Corporate Card Accrualify, which works in cloud-based solutions for mid- and enterprise-level companies, is launching a new corporate...

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