Technology
Technology
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The deal follows JPMorgan’s recent takeover of 55ip, a fintech that focuses on helping investors cut their tax liabilities.
June 29 -
The company’s Tap to Phone technology exists in 30 countries. Visa is piloting the program in the U.S. with a six-city campaign that brings discounts, offers and grants to Black-owned small businesses.
June 28 -
Dozens of digital tools are billed as democratizing finance. But a number of entrepreneurs still see massive gaps.
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The now-defunct neobank was famous for its ability to help customers ensure their balances were adequate to cover upcoming bills or savings plans. Digit and others have started offering their own variations on this feature.
June 28 -
The government helped the gas pipeline operator recoup some of the funds it paid to cyberthieves, but that's unlikely to happen often. Banks should shore up password security to minimize risk and be willing to reject hackers' demands in the event of a breach.
June 28 -
Upgrade, a lending startup that counts Banco Santander SA and SVB Financial Group’s Silicon Valley Bank as investors, is seeking to triple its valuation in a fresh funding round, according to a person with knowledge of the matter.
June 25 -
U.S. regulators blocked the card network's attempt to buy Plaid last year for antitrust reasons. Its bid to acquire Tink, a similar company based in Sweden, may have a better shot given European officials' desire to promote open banking.
June 24 -
Roxe says the distributed ledger technology that removes costly middlemen from international transactions can also lower expenses for currency conversions.
June 24 -
Visa Inc. has agreed to buy Swedish open-banking platform Tink AB as the payment giant looks to expand beyond its card network.
June 24 -
Majority, a startup with a mobile app that combines a bank account with other benefits such as global remittances and international calling, began by serving the Cuban and Nigerian communities in Florida and Texas. Now it’s available in all states and will use $19 million in seed funding to accelerate its growth.
June 23 -
The Faster Identity Online Alliance has established its first user-experience guidelines and delivered new standards designed to more quickly move authentication processes past traditional username-and-password combinations.
June 23 -
How technology is enabling new types of payment transmission and what this means for banking.
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The bank's holding company, CRB Group, has acquired PeerIQ, an online lending marketplace data provider backed by the former CEOs of Morgan Stanley and Citigroup. It's said it wants more deals like this one.
June 23 -
The fintech specializes in lending to dentists, veterinarians and other solo providers looking to grow or establish their own practice.
June 22 -
Distributed ledger projects in banking are few and far between — many have stalled and others remain experiments. Robert Townsend, who has worked with banks around the world and written a book about blockchain technology, explains some of the ways financial institutions could be using it, for instance in small-business lending and supply chain finance.
June 21 -
Beauty shops must handle transactions for multiple employees and contractors operating under one roof. Tech companies are customizing software and transaction processing services for this niche.
June 21 -
The Series B round, also led by Blockchain Capital, marks the first investment in the blockchain industry by Morgan Stanley's opportunistic investment arm.
June 21 -
The suburban New York bank says Skye, its conversational artificial intelligence assistant, is doing the work of 100 full-time employees.
June 18 -
A growing number of companies like Klarna, Sezzle and Circle let consumers split large purchases into smaller transactions paid over time. But they say they need to offer more than one product to set themselves apart and build customer loyalty.
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