Fintech
Fintech
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The president says he’ll nominate Judy Shelton, Christopher Waller for Fed; the bank reportedly in talks to sell parts of its “once prized” equities business.
July 3 -
Alexander Lopatine, who founded Nymbus and has joined Mbanq, says alternative providers are gaining the confidence of more banks. However, questions remain about their staying power in the fight with traditional vendors.
July 2 -
Breaking from its playbook as a conservative lender, Provident Financial in New Jersey is working with a fintech to offer unsecured loans online.
July 2 -
Facebook’s plan to launch a cryptocurrency has raised concerns that state banking regulators may not be equipped to oversee large, international companies.
July 1 -
The Bank for International Settlements is setting up shop to help officials who may need to speed up developing their own digital currency.
July 1 -
CaixaBank, Global Payments and terminal maker Ingenico are investing 5 million euros to establish an international innovation program designed to identify and aid promising fintech startups.
June 28 -
The millions of people displaced by war, famine and other hardships face distinct challenges and dangers when accessing and using money, and these pain points are being addressed by a blockchain-powered payment app that is part of Western Union's accelerator program.
June 28 -
H&M will enable Klarna as a payment option in its 580 U.S. stores beginning this fall, building on a partnership the two Swedish companies established last year.
June 27 -
Visa’s chief economist recently warned that fintechs are disintermediating banks’ credit card businesses with instant access to installment loans. Now Visa is looking to disrupt the fintechs by giving issuers a way to do the same.
June 27 -
Lending to companies with heavy debt loads is a growing business — one that many fear could lead to the next financial crisis.