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Swedish fintech company Klarna announced today its first subscription plan, “Klarna Plus,” for $7.99 per month, featuring benefits like no added service fees when using Klarna’s One Time Card, double rewards points and access to exclusive discounts with popular brands. The company also has a new welcome offer for subscribers, saving them $8 on their…

Alinea Invest, a fintech app offering AI-powered wealth management aimed at Gen Z women, has $3.4 million in seed funding ahead of the launch of a virtual AI assistant that will help users with their investing needs. The fundraising comes on the heels of 225,000 downloads of Alinea’s app, leading to a revenue run rate…

Technology leaders from KeyBank will join Bank Automation Summit U.S. 2024 to discuss balancing automation and efficiencies and robotic process automation. KeyBank Chief Transformation Officer Dominic Cugini and domain manager of service digitization Mike Reynolds will join the speaker faculty at the summit.  Cugini will speak Tuesday, March 19, at 9:10 a.m. CT on the…

Financial institutions are investing in digital and mobile banking offerings, closing out 2023 with an uptick in digital adoption.  This trend was prevalent in the fourth quarter of 2023 for large and small financial institutions alike.  At Puerto Rico-based, $18.6 billion First BanCorp, digital banking users increased 14% year over year to 443,000, according to…

Mastercard extended its collaboration with The Clearing House today to allow customers and businesses to use real-time payments.   Mastercard will be the exclusive instant payments software provider for The Clearing House’s (TCH) RTP network, according to a news release from Mastercard. TCH’s RTP network has been gaining traction since the launch of FedNow, with more…

Banks are boring but necessary. Banks are stable, secure, reliant, resilient and shouldn’t innovate or do things that could increase risk to the system. As a result, banks have been here forever and, love or hate them, will never go away. According to a new report from the Boston Consulting Group (BCG), global banks could boost……

Banks are boring but necessary. Banks are stable, secure, reliant, resilient and shouldn’t innovate or do things that could increase risk to the system. As a result, banks have been here forever and, love or hate them, will never go away. According to a new report from the Boston Consulting Group (BCG), global banks could boost……

Banks are boring but necessary. Banks are stable, secure, reliant, resilient and shouldn’t innovate or do things that could increase risk to the system. As a result, banks have been here forever and, love or hate them, will never go away. According to a new report from the Boston Consulting Group (BCG), global banks could boost……

Banks are boring but necessary. Banks are stable, secure, reliant, resilient and shouldn’t innovate or do things that could increase risk to the system. As a result, banks have been here forever and, love or hate them, will never go away. According to a new report from the Boston Consulting Group (BCG), global banks could boost……

Banks are boring but necessary. Banks are stable, secure, reliant, resilient and shouldn’t innovate or do things that could increase risk to the system. As a result, banks have been here forever and, love or hate them, will never go away. According to a new report from the Boston Consulting Group (BCG), global banks could boost……