In his annual letter shareholders, JPMorgan Chase CEO Jamie Dimon said banks are facing "enormous competitive threats — from virtually every angle."

The data aggregator, whose planned merger with Visa was called off in January, intends to use the funds to accelerate its global expansion.

The fintech is one of several that have drawn capital to eliminate the challenges of international commerce.

The company has changed the dynamics of its meetings, created diversity metrics and deployed software to make job descriptions gender-neutral.

David Heun, associate editor at PaymentsSource, talks to Laura Socha, senior partner at Capco, about the trends driving the advancement of payment technologies in Canada.

The partnership provides the fintech's clients with access to The Clearing House's RTP network.

The partnership provides the fintech's clients with access to The Clearing House's RTP network.

The trend toward open banking and open networks is forcing issuing banks to look more closely at how they can keep pace with customer demands — without the risk of a full tech overhaul.

The company, which provides workplace investing programs to banks, is giving employees a say in some decisions and working with partners to recruit women and people of color.

The financial-technology firm Plaid is close to a new round of funding at a valuation of about $13 billion, almost three months after scrapping its sale to Visa, according to people familiar with the matter.