Technology

The advent of this is particularly unwelcome, coming, as it does, at a time when many people not only question the role of a bank after the recent financial crisis and gradual digitization of banking services, but also when their relationship with technology has changed, writes Martijn Moerbeek, director of group digital strategy and innovation at Legal & General.

Executives urged the consumer bureau at a public meeting to keep a closer eye on artificial intelligence innovations developed by fintech firms that are subject to less regulation.

Many banks remain wary of student loans given the government's dominance in the market, but some fintechs see untapped potential.

Millennium bcp, Portugal’s largest private bank, will be the first bank in Europe to issue cards with China’s UnionPay brand.

Walmart is already a retail heavyweight, and it has never shied from innovative projects to change the way people pay.

A London stock market minnow is teaming up with a heavyweight soccer executive to use blockchain to tackle ticket scalpers.

The voice biometrics firm Pindrop closed on its Series D fund raising round with $90 million in new capital to fuel expansion in voice authentication and security services for call centers and internet of things devices. It also added a new CFO and CRO.

The regulations for legal cannabis are slowly loosening, but whether they have loosened enough to support a “normal” online shopping experience in the U.S. is being put to the test by a new mashup of digital ordering and payment tools.

Trustology protects private keys to digital assets the way parking valets look after car keys.

Sunrise Banks in Minnesota, which has a mission of helping underserved communities, also provides compliance services to fintechs with a similar mission.