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The buy now/pay later company beat analysts' expectations on revenue, net income and earnings per share as it issued new guidance for the end of its next fiscal year. Its stock was up as much as 31%.
August 29 -
Tech companies and banks are trying to shrink the carbon footprints of the large language models they create, host and deploy. Can they move fast enough?
August 29 -
Bridgewater Bancshares agreed to acquire First Minnetonka Bancorp. in an all-cash transaction slated to close in the fourth quarter. It would create a nearly $5 billion-asset bank.
August 29 -
Payment experts say keeping customers happy is the key to maintaining partnerships Here's what J.D. Power has to say about user satisfaction.
August 29 -
The indictment of Telegram's CEO has added scrutiny to the ways in which messaging apps are facilitating check fraud — and what banks can do to stop them.
August 29 -
The average salary for these top compensated bank executives is more than $21 million.
August 29 -
Goldman Sachs, Capital One and Wells Fargo have all suffered pitfalls in their merchant partnerships. Payment experts discuss how issuers can keep retailers and consumers onboard.
August 29 -
Citing "moral hazard" as the reason for denying full federal deposit insurance betrays a completely unrealistic belief in the ability of everyday depositors to gauge a bank's strength.
August 29 -
The top five have more than $1.3 trillion in mortgage backed securities as of March 31.
August 29 -
The top executive at Royal Bank of Canada expressed reluctance about expanding south of the border again, citing what he characterized as a changing regulatory landscape and pointing to lessons learned from the 2015 acquisition of City National Bank.
August 28