Monese, the London-based fintech startup that offers a mobile banking app and current account, continues to fill in missing features that might otherwise stop it from replacing your bank altogether.

According to the Bank for International Settlements (BIS,) a direct debit is a preauthorized debit on a payer’s bank account initiated by the payee. It is also known as a pre-authorized debit (PAD) or ...

Fintech startup Revolut is adding a key feature for users who want to replace their traditional bank account altogether. You can now pay with GBP direct debits. Revolut already added EUR direct debits ...

It is commonly accepted that criminals react very quickly to newly-introduced security measures. Perhaps it is not surprising that as new fraud prevention technologies such as Chip and PIN and ...

Sending paper checks via mail is slow and costly. The Social Security Administration and the IRS are ceasing the longtime ...

But – with your permission – I rang the Lloyds Bank debit card fraud line, and was told this was not a one-off debit card ...

Starting September 30, Social Security beneficiaries will transition from paper checks to direct deposit or prepaid cards, as ...

Customers of the small energy supplier Iresa have vented their anger over unexpected increases to their monthly direct debits – with some seeing what they pay rise despite their account already being ...

Social Security will end paper checks on September 30, moving all beneficiaries to electronic payments through direct deposit ...