Fintech
Fintech
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American Banker research finds that while more than 30% agree buy now/pay later is good for banks and consumers, the majority of respondents are unconvinced.
May 4 -
Hokodo, a British business-to-business buy now/pay later fintech, has shut down after eight years. Its closure offers important lessons about the future of the concept.
May 1 -
The president's son has seemingly cut ties with the digital asset fintech ALT5 Sigma, whose shares lost 90% of their value after purchasing the tokens.
April 30 -
Schwab services 16,000 RIAs with 2,000 different fee structures. According to the industry's largest custodian, the exact costs come down to "a very personalized negotiation" with the firms.
April 29 -
The Chicago-based fintech, which offers high-cost loans, has agreed to acquire the parent company of BNC National Bank. The deal would grant OppFi a national bank charter, which offers a way around state interest rate caps.
April 29 -
The investment firm's Alternatives division comprised a majority of the online lender's $60 million Series C funding round.
April 28 -
There's been an onslaught of nonbank financial technology company charter applications and approvals already this year.
April 28 -
American Banker's BNPL Tradeoff Survey finds risk and regulatory fears are leading many banks and credit unions to hold off on offering the lending product.
April 27 -
The all-cash, 750 million euro deal to buy Talon.One marks a notable shift from the fintech's M&A strategy that has historically favored build versus buy.
April 24 -
A California man's complaint alleges that Morgan Stanley's website enabled tracking tech from Google and Microsoft to collect web visitors' browsing data for targeted online ads.
April 24 -
The London-based Wise has scheduled its U.S. debut for May 11, while Revolut is reportedly considering a U.S. or a dual listing in New York and London. Payment experts say the moves are a chance to draw investors and raise their profile in a relatively new but huge market.
April 21 -
Slash Financial, a fintech originally founded for sneaker resellers, closed a Series C funding round and launched an AI assistant for digital-native business customers.
April 20 -
The deal between OpenAI and personal financial management startup Hiro Finance, the second of its kind for the AI company, will lead to the sunset of the Hiro platform next month.
April 15 -
The tokenization platform provider, which has a nonbinding agreement with NYSE and is aiming for a public debut, promoted former SEC Trading and Markets Director Brett Redfearn to the role.
April 10 -
The payments processing firm recently filed for Chapter 7 bankruptcy with a nearly $3 million disputed charge owed to a subsidiary of Global Payments.
April 9 -
Banks' core ledger systems are a sclerotic holdover from the past. The future belongs to the banks that set them aside and allow transactions to close in real time.
April 8 -
The one-click checkout fintech, which launched its own "super app" last year, reduced its current workforce by about 30% last week.
April 7 -
A federal appeals court has agreed to rehear a challenge to a Colorado law intended to combat "rent-a-bank," arrangements that would impose Colorado's interest rate caps on certain out-of-state banks.
April 6 -
Tech overhauls aren't easy, financial tech experts say it's necessary to compete effectively with digital-focused firms.
April 6 -
EWA programs benefit workers across the country, making it more likely that they will be able to avoid high-cost credit products like payday loans. Efforts to restrict them will harm consumers.
April 3





















