Technology

Easy credit has given way to cautiousness, with financial technology upstarts now seeking households with higher incomes, above-average credit scores and less debt relative to their wages.

The startup with a namesake app is already attracting young investors and has been in talks with banks about partnerships.

Fintechs want access to customers’ financial data, but banks are resisting, on security concerns; Deutsche Bank may cut bonus pool 20% after 14% drop last year.

The age of PINs and passwords are sadly not yet gone, but new devices and digital services will need more advanced authentication, says Fingerprints' Maria Philstrom.

While the road to API connectivity has not been smooth, solid progress is being made in connecting banks to third parties, says Token's Todd Clyde.

French marketplace payment processor Lemon Way has raised €25 million from Toscafund Asset Management to help banks compete with the likes of Adyen, Paysafe, and Stripe in the fast-growing marketplace sector.

Swedish payment provider Klarna Bank AB is preparing for a potential initial public offering in the next one or two years as the most valuable European fintech startup expands rapidly in the U.S.

The SoFi co-founder said Figure Technologies is working with national banks to employ its distributed ledger tech for loan originations.

Payment companies looking for relief from international political chaos got a moment of clarity in the form of a decisive U.K. election and nominal progress in the trade war.

Payments application provider Ixaris is partnering with global travel marketplace provider Sabre to expand into new markets across Europe.