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The credit card issuer Synchrony Financial recently used FICO’s top competitor in a $1 billion deal. The choice is significant for VantageScore, but FICO remains the dominant credit score in the securitization market, according to analysts.
June 7
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PayPal Holdings will let users transfer certain cryptocurrencies to other customers, exchanges and external wallets, a new service that’s part of the company’s effort to boost use of its app.
June 7
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An early bank entrant to the BNPL space, Citizens Financial Group argues that other lenders are taking on too much risk by expanding into everyday spending categories.
June 7
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The California tech giant's take on pay-in-four installment loans has a top-of-wallet positioning that banks and merchants are unlikely to be able to match.
June 6
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The boost in the transfer ceiling — to $1 million from $100,000 — is opening new use cases for firms such as Dwolla that connect to the transaction rail.
June 6
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The Columbus, Ohio-based bank will incorporate corporate and customer-facing digital tools it obtained by acquiring fintech Digital Payments Torana in May.
June 3
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Bruised by recent public relations gaffes, the buy now/pay later pioneer is forging ahead with a plan to complement its installment loans with a physical Visa card.
June 3
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Consumers share loads of personal information online that scammers can use to break into their bank accounts. But Royal Bank of Canada is betting that users will still keep their PIN codes secure.
June 2
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Kristy Carstensen, U.S. Bank Payment Services' chief financial officer, discusses how digital innovation projects are opening finance to more communities, and the work that remains.
June 1
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The chief executive of Klarna Bank has polarized opinion on social media after posting a contact list of former employees recently dismissed by the Swedish company as part of a drive to curb costs.
June 1
