Fintech
Fintech
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Rakefet Russak-Aminoach, who will leave the company at the end of the month, has raised net profit and lowered costs by revamping its technology and culture.
October 24 -
With Congress deadlocked on a future for Fannie Mae and Freddie Mac, the administration is prepping to move by itself.
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Originally formed to help consumers spot recurring charges, Truebill is adding banking and financial management features to its app.
October 23 -
Outages last week at Chime and Varo Money have executives on the defensive.
October 23 -
A majority of banks globally may not be economically viable because their returns on equity aren’t keeping pace with costs, the consultancy said in its annual review of the industry released this week.
October 22 -
Facebook’s cryptocurrency would not help underserved communities, despite the claims of its CEO, who is slated to appear before Congress this week.
October 22 -
The judge sided with the New York State Department of Financial Services, which had sued the OCC over the proposed charter.
October 21 -
Draft legislation would amend the Bank Service Company Act to give the National Credit Union Administration third-party vendor oversight, a power it has been requesting for the better part of two decades.
October 18 -
PayPal’s latest move to jolt Venmo’s revenue is a co-branded credit card developed with Synchrony — something that challenger banks and fintechs may rush to compete against.
October 18 -
The big five banks had divergent results; San Francisco Fed publishes 18 papers on the dangers posed to businesses and communities by climate change.
October 18