The European Central Bank (ECB) steps up efforts to launch a tool that would enable financial regulators to stop customers from withdrawing cash when a...
The U.S.’ first new payment and clearing system in more than 40 years is up and running. At 4:59:40 p.m. on Monday (Nov. 13), $3.50 was...
Call it the “opening of China,” redux. China has taken, what The Wall Street Journal termed, “a major step” in boosting global access to its financial...
Thanks to competitive pressure from FinTechs, traditional banks are often pressured to keep pace with innovation and meet evolving needs of their small business (SMB)...
Small banks do not want to compete with the Amazons and Walmarts of the world when it comes to offering financial services for clients. As...
Before the Software as a Service (SaaS) model exploded, a small business (SMB) getting off the ground online had two big, but related, decisions to...
Revolut — a U.K.-based financial technology firm — said Wednesday that it has applied for a European banking license, making it the latest of several...
Pundits prophesy a cashless society — and indeed, vast swaths of consumers are migrating to digital and mobile channels for many of their banking needs,...
Singapore’s OCBC Bank announced news on Monday (Nov. 6) that it has rolled out a facial recognition enhancement to its consumer and business banking apps...