Money-storing apps are going mainstream, and although PayPal leads in consumer popularity, financial institutions (FIs) may have a major opportunity to leverage the trust they...
Smaller banks that sought to serve once-hot sectors like cryptocurrency are now exiting those verticals. This, as long-time crypto industry partner Silvergate Bank reports steep...
European lawmakers are making the bloc’s financial institutions pony up to play with cryptocurrencies. This, as the European Parliament’s Economics and Monetary Affairs Committee on...
The rise of digital banking — and specifically, consumer lending — looks set for renewed focus from regulators. As reported last week, the Federal Reserve...
BNY Mellon has teamed with Fiserv to offer financial institutions faster foreign exchange rate quotes. “One of the main challenges for U.S. financial institutions looking...
Revolut is reportedly continuing its European expansion by offering Irish customers local bank accounts. As Bloomberg News reported Monday (Jan. 23), the launch of Irish...
Card issuer Marqeta has teamed with consulting firm Deloitte to speed payment modernization. The partnership, announced in a press release Monday (Jan. 23), is aimed...
America’s biggest banks are reportedly launching a digital wallet to take on Apple and PayPal. The banks are developing a product that will let consumers...
Banks are set to undertake the largest wave of job cuts in 15 years amid declining revenues. Industry watchers told the Financial Times (FT) the...