-
Uber launched a series of financial services to provide real-time wage payments and enhanced account features in a single app, seemingly putting Uber in the role of a digital bank.
October 28 -
Banks have been pressured to improve diversity in leadership; Visa reports higher volume while PayPal says Venmo now contributing.
October 25 -
Cash is not dead, but the burdens of ensuring access threaten to break long-standing ecosystems that sustain traditional payments.
October 10 -
The EU wants to protect the euro and ensure Facebook’s digital currency isn’t used for money laundering; the brokerage is partnering with six banks to offer 2% on account balances.
October 9 -
The German bank is trying to reverse its reputation for “lousy systems;” the Bakkt platform has failed to attract much trading in its first two weeks.
October 8 -
Jes Staley is turning away from his ambition to build a Barclays Plc-branded digital consumer bank in the U.S.
September 23 -
Under the leadership of Barbara Mariniello, Barclays now ranks among the largest underwriters for corporate bonds in the Americas.
September 22 -
TouchBistro, an iPad-based restaurant order-and-payment system, has reaped $120 million in a new funding round led by Canadian pension fund Omers, with JPMorgan Chase, Barclays, BMO Capital Partners also participating.
September 19 -
Mission Lane, which was spun off from LendUp in December, said Monday that Shane Holdaway took the helm in August after roughly a year serving as CEO of Barclays' U.S. consumer bank. The upstart lender also announced that it has raised $200 million in equity funding.
September 16 -
Following an article by American Banker and ProPublica that detailed how political appointees weakened the penalties paid by two large banks, the Massachusetts senator is demanding more information from the Justice Department.
August 20