Finance

The Atlanta fintech, whose shares have plummeted since it went public last year, also said it will stop providing financial guidance to its investors.

Klarna raised another $460 million in fresh equity funding, pushing the Swedish company’s valuation to about $5.5 billion.

China's decision to stop buying U.S. soybeans and let its currency depreciate raised the prospect of further interest rate cuts. That hurt banks slightly more than the rest of the market on what was a bad day for all equities.

With the loan-to-savings ratio at its highest point in four decades, some CUs have limited options to boost their funding.

Investors are making bets on checkout-free retail, a category that is just as challenging as it is innovative. But it's payment technology's race to the moon, a chance to seize a favorable position in the struggle to save retail.

These banks posted strong quarterly results at a time when many others struggled with thinner margins and rising expenses.

Walmart has filed a patent application for a digital currency that, like Facebook's Libra, would be a stablecoin backed by traditional currencies. And it envisions a very specific use case where its coin could stand in for cash — or even for a bank account.

Square has worked hard in the past several years to offer more than just mobile card acceptance, but not all of its efforts have paid off.

Loan balances at the end of the second quarter were up by double digits from a year earlier for the Honolulu-based institution.

Readers react to Capital One's massive data breach and The Bancorp's expansion in CRE securitizations, defend fintechs offering retirement plans and more.