financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies.

Source: en.wikipedia.org

Revolut Backers Reportedly Pushing for $60 Billion Valuation Share Sale
Revolut Backers Reportedly Pushing for $60 Billion Valuation Share Sale
February 27, 2025  |  Business

Investors in FinTech Revolut are reportedly pressing the company to consider a secondary share sale. As Bloomberg News reported Thursday (Feb. 28), this is happening as new investors are...

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Robinhood CEO Vlad Tenev Says Government Regulation Good for Business
Robinhood CEO Vlad Tenev Says Government Regulation Good for Business
February 25, 2025  |  Regulation

Robinhood Markets CEO Vlad Tenev reportedly said Tuesday (Feb. 25) that government regulation is good for the company’s business. Speaking with Bloomberg Television, Tenev added that the Robinhood knows...

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Wall Street Sours on Subprime FinTechs as FinTech IPO Index Loses 1.7%
Wall Street Sours on Subprime FinTechs as FinTech IPO Index Loses 1.7%
February 21, 2025  |  Fintech Investments

Like the rest of the global economy, the FinTech IPO Index can be boiled down to a word: uncertain. Despite some notable performances from Oportun...

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Grab Sees Promise in Autonomous Vehicles and Eventual Profits From Banks
Grab Sees Promise in Autonomous Vehicles and Eventual Profits From Banks
February 20, 2025  |  Earnings

Indonesian super app Grab sees autonomous vehicles (AVs) as one of its next growth drivers. “We’ve been watching this space closely and are very excited about the...

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Fed Governor Michelle Bowman: Banking Regulations Should Allow Innovation
Fed Governor Michelle Bowman: Banking Regulations Should Allow Innovation
February 17, 2025  |  Bank Regulation

The regulatory framework should not prevent banks from providing innovative and competitive products and services, Federal Reserve Gov. Michelle W. Bowman said Monday (Feb. 17). Speaking...

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Witnesses Fault ‘Regulation by Enforcement’ of Digital Assets at Congressional Hearing
Witnesses Fault ‘Regulation by Enforcement’ of Digital Assets at Congressional Hearing
February 11, 2025  |  Blockchain

At a subcommittee hearing on the current state and future potential of digital assets, lawmakers and witnesses from the crypto and payments spheres — including...

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How Banks Can Reengage the 53 Million Credit Outsiders
How Banks Can Reengage the 53 Million Credit Outsiders
February 07, 2025  |  Consumer Insights

A significant segment of the U.S. population — approximately 53 million individuals — remains outside the traditional credit card ecosystem. These “credit card outsiders” encompass...

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Corpay Keeps Focus on Cross-Border and Corporate Payments Despite Macro Turbulence
Corpay Keeps Focus on Cross-Border and Corporate Payments Despite Macro Turbulence
February 05, 2025  |  Earnings

As the global transportation and logistics sectors navigate economic uncertainty, rising fuel costs and increasing regulatory pressures, fleet managers are reevaluating their operational strategies. The...

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New York Expands Program to Support Access to Financial Services
New York Expands Program to Support Access to Financial Services
February 05, 2025  |  Banking

The New York towns of Neversink and Denning have been approved as a Banking Development District (BDD), a designation that is meant to support access to...

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