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News

28 March 2013

US start-up Movenbank, which has positioned itself as a mobile-only, cardless, branchless bank, may be forced to offer plastic cards

US start-up Movenbank, which has positioned itself as a mobile-only, cardless, branchless bank, may be forced to offer companion plastic cards to customers in order to be compliant with MasterCard rules. Movenbank is working with MasterCard on a planned February 2013 launch which will see customers issued with contactless stickers that they can attach to their mobile phones, says founder and CEO Brett King. However, he maintains that the firm is still “anti-card”.

http://www.paymentscardsandmobile.com/



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