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Sometimes an idea is ahead of its time. Many of the most ambitious products in fintech were dismissed as absurd or overambitious at the time — only to feel perfectly normal years later as culture and consumer habits evolved.
January 31 -
Swelling capital levels, tax cuts and changing attitudes about post-crisis regulation could encourage bigger banks to issue the one-time payouts to reward shareholders and better manage their returns.
January 31 -
An agreement with PayPal for cross-border payments has allowed Bank of America Merrill Lynch to add the word "global" to its three-year Digital Disbursements product.
January 31 -
The Massachusetts bank — and former credit union — bought Cumberland County Mortgage in Maine.
January 31 -
The European core systems vendor has been making inroads into the U.S. market in recent years.
January 31 -
A federal appeals court handed a major victory — and a significant defeat — to the CFPB by upholding its constitutional structure while also slapping down the agency's practice of making new interpretations of law through enforcement actions.
January 31 -
Square Inc. shares climbed after Chief Executive Officer Jack Dorsey said the company is introducing Bitcoin trading for almost all users of its cash payments app, signaling support for the volatile cryptocurrency.
January 31 -
PayPal Holdings Inc. issued a forecast that didn’t meet Wall Street’s expectations, signaling struggles ahead as it looks to compete with banks and startups in the online payments market.
January 31 -
Thomas O’Brien made a series of aggressive cuts at Sun Bancorp in New Jersey before orchestrating its sale to OceanFirst.
January 31 -
Regulatory scrutiny of Tether and Bitfinex is spooking investors, though others argue the industry remains strong.
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