Fintech
Fintech
-
Bank technology giants FIS and Fiserv are spending nearly $66 billion between them in just the past few weeks to add a broad swath of payments technology — including a few key nuggets that will help them go toe to toe with fintechs.
March 18 -
The financial services technology company FIS has agreed to buy Worldpay. The deal is valued at $43 billion and will allow FIS to counter the transaction processing scale Fiserv received when it acquired First Data this year. The merger price is based on a $34 billion bid plus $9 billion of Worldpay's debt.
March 18 -
BB&T-SunTrust deal came together with remarkable speed; Citi and Chase take on fintechs at their own game; CECL spells trouble for small banks, consumers; and more from this week’s most-read stories.
March 15 -
A partnership between TDECU and a Texas-based fintech will help provide payment plans for consumers struggling to pay legal fees.
March 15 -
Seven years after James Gutierrez left Oportun Financial and started a competitor, the acrimony sparked by the divorce is coming into public view.
March 14 -
Chime, Chart IQ, Starling Bank and several other startups have raised millions of dollars from venture capital and private-equity firms this year. Here's what they plan to do with their haul.
March 14 -
Fintech investors, including Goldman Sachs, see opportunity in Mexico; firm’s growth in lending could be a problem if economy goes south.
March 14 -
Leading investors say too many traditional financial institutions, out of their depth in fintech investment, end up imposing controls that slow down otherwise nimble young companies.
March 13 -
Flourish, a fund backed by Pierre and Pam Omidyar, invests in startups that address social and financial inequities yet (key caveat) are still promising moneymakers, a top official of the fund explains.
March 13 -
As the fintech industry grows, these companies should face the same tough standards as banks and credit unions.
March 12