There’s a commonality in financial services — for brick-and-mortar players and for several FinTechs, though the approach may differ: Serving the needs of lower-income households....
PayPal has reportedly completed its first business payment with its in-house stablecoin. This was done to show how digital currencies could be used to improve upon...
U.K. FinTech Revolut has reportedly criticized Meta’s approach to combating financial fraud. As CNBC reported Thursday (Oct. 3), Revolut argues that the Facebook owner should be the one to provide compensation...
In small business lending — regardless of the size of the bank doing the lending itself — a high-touch approach and in-person visits to the...
For decades, the “classic” four-party model dominated card payments — where the quartet was comprised of the cardholder, the merchant, the acquirer and an issuing...
Venmo is reportedly giving users an easier way to make repeat or scheduled payments. The new feature would let customers schedule payments — or requests —...
Danish FinTech Cardlay is working with Visa to improve spend management for commercial card issuers. The partnership, announced Wednesday (Oct. 2), combines Cardlay’s spend management platform with Visa’s market position, payment...
FIS unveiled its Digital Trading Storefront, a differentiated cross-asset trading experience. The storefront enables banks, broker-dealers and wealth managers to move their cross-asset trading platforms...
FinTech firm Chime says it has covered billions in overdrafts for its users. Through SpotMe, the banking app’s free overdraft feature, Chime’s members have received a...