Banks & Fees

  Whether you're a new merchant to the game, or making a switch, choosing the right payment processor can be an overwhelming process. With dozens or more options to choose from and confusing terms like merchant account or chargeback to name a few, choosing a payment...

Millennial and Gen Z consumers have been impacted the most by the latest financial crises. Both have been financially affected by the Great Recession of 2008-2009 and the pandemic.  These events have caused significant unemployment rates and negatively affected many consumers' credit scores. Because of these...

Today – May 18, 2021. China banned financial institutions and payment service providers from offering any services related to cryptocurrency transactions.  This is China’s latest attempt to curb the digital trading market.  According to Reuters, “Under the ban, such institutions, including banks and online payments channels, must...

The past year has been incredible for the digital and payments space. Due to COVID-19 we’ve seen a significant change in the way consumers shop and handle payments.  Over half of consumers surveyed by JP Morgan last year agreed that they used digital banking tools more...

The trend away from cash is nothing new and with consumers concerned about the health risks associated with handling cash, it’s no surprise that contactless and digital payment adoption is accelerating. According to a recent survey by the Electronic Transactions Association, 27% of small businesses in...

  Mobeewave Inc. a Canadian-based startup has been recently acquired by Apple. According to Bloomberg, the California tech-giant paid roughly $100 million USD for the company. What does Mobeewave do? Mobeewave developed technology that allows merchants to use their iPhones as mobile payment terminals. The technology allows you to...

Dave, the personal finance app and challenger bank, announced a security breach this Saturday.  Dave is a unicorn tech company leading as a US challenger bank that offers free overdraft cash, budgeting, credit building and more.  Approximately 7.5 million Dave users had their information exposed on a...