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The Minneapolis company believes a new partnership with LiquidX will grow its niche supply-chain financing business by 'multiples.' The goal is to help more suppliers get paid early in a system that's been pinched throughout the pandemic.
May 10 -
Banks such as Capital One and Ally Financial are taking a page from fintechs and adopting early payday and eliminating overdraft fees.
May 10 -
Treasury Secretary Janet Yellen pointed to a recent implosion of the experimental TerraUSD stablecoin — which uses an algorithm rather than fiat currency pegging to maintain its value — as the latest evidence for urgently needed regulation in the sector.
May 10 -
Card issuers have pushed for more direct access to iPhones for years, and with the tech giant's policies facing fresh political and legal heat, Wells Fargo exec Ukrike Guigui says a more open mobile payment market would benefit merchants and consumers.
May 10 -
The challenger bank can now let its customers use fintech apps, and it has plans to offer banking services through third parties.
May 10 -
Amid fresh competition from newcomers seeking to build brand recognition, banks that sponsor pro sports teams are leaning into content that tells a story about their connections to local communities.
May 9 -
GradFin offers advisory services to Americans who want assistance with their student loans. The acquisition is part of the Cleveland bank’s strategy of adding niche digital businesses.
May 9 -
The standards body's new guidance would prevent vendors from managing multiple protocols in different countries.
May 9 -
Increasing numbers of banks are now letting business customers do their banking within their existing accounting and workplace software.
May 9 -
Launch Credit Union claims it reduced fraud by 97% after adopting a real-time solution in 2020.
May 6