FinTechs

Goldman Warned by Fed Over FinTech Risk
Goldman Warned by Fed Over FinTech Risk
September 01, 2023  |  Bank Regulation

The Federal Reserve has issued a warning to Goldman Sachs regarding risk and compliance oversight at its FinTech unit. The regulatory concerns raised by the...

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Goldman’s GreenSky Sale Has Implications for FinTech ‘Exit Strategies’
Goldman’s GreenSky Sale Has Implications for FinTech ‘Exit Strategies’
August 30, 2023  |  Fintech Investments

Goldman Sachs’ sale of its FinTech lender, GreenSky, is reportedly close to being a done deal. As reported this week, the company is, per Bloomberg, drawing interest...

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PYMNTS Intelligence: Retailers Must Upgrade Back-End Systems to Harness AI Power and Potential
PYMNTS Intelligence: Retailers Must Upgrade Back-End Systems to Harness AI Power and Potential
August 28, 2023  |  Retail

With the rise of eCommerce and the need for convenience and flexibility, retailers have turned to artificial intelligence (AI) to enhance the customer experience, with...

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Citi Backs Peruvian FX FinTech Rextie to Focus on Small Business Transactions
Citi Backs Peruvian FX FinTech Rextie to Focus on Small Business Transactions
August 24, 2023  |  Investments

Citi says it is investing in Peruvian foreign exchange (FX) FinTech Rextie.  “The investment makes Rextie Latin America’s first FX FinTech to receive an investment from one...

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10 C-Suite Execs Share Their Recipe for Sustainable Success
10 C-Suite Execs Share Their Recipe for Sustainable Success
August 23, 2023  |  Business

There are as many ways to do business as there are businesses themselves. And each of those organizations has their own “One Thing” that they...

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SWIFT’s Headway on Faster Cross-Border Payments Is Just the Beginning
SWIFT’s Headway on Faster Cross-Border Payments Is Just the Beginning
August 22, 2023  |  Faster Payments

One overarching theme in payments — no matter whether commercial or retail transactions — is that of speed.   Faster payments tend to translate into greater...

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Thailand’s KBank Weighs $1 Billion Acquisition of Home Credit Vietnam
Thailand’s KBank Weighs $1 Billion Acquisition of Home Credit Vietnam
August 22, 2023  |  Acquisitions

Thai bank Kasikornbank is reportedly in talks to purchase consumer finance company Home Credit Vietnam. That’s according to a report by Reuters, citing two sources who say the...

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BNPL Platform Sezzle Starts Trading on Nasdaq
BNPL Platform Sezzle Starts Trading on Nasdaq
August 17, 2023  |  Payment Methods

Sezzle, the digital payments platform, started trading on Nasdaq on Thursday (Aug. 17), according to the company. To kick off the occasion, Sezzle executives rang...

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Adyen’s Revenue Cut By Hiring Spree and US Competition; Stock Plumments 40%
Adyen’s Revenue Cut By Hiring Spree and US Competition; Stock Plumments 40%
August 17, 2023  |  Earnings

Adyen’s decision to boost its staff continues to cut into the Dutch payment company’s revenues. In its half-year earnings report issued Thursday (Aug. 17), the...

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