Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), the UK’s financial regulatory watchdog, warned UK banks on Wednesday (Feb. 7) that they shouldn’t...
The U.K.’s new Open Banking rules, which enable FinTechs to branch into the mainstream banking industry, are being held up as big banks delay making...
SoFi, the online lender that was embroiled in a company scandal last fall, announced Wednesday (Jan. 23) that Twitter executive Anthony Noto has been appointed as its...
Newly listed Chinese FinTech companies in the U.S. are struggling on Wall Street, leaving investors with unexpected losses and posing as a setback to other...
The digital economy is here. People are participating in it every day with direct deposits, eWallets, same-day ACH transfers, PayPal, Zelle and myriad other platforms...
Blockchain technology firm XinFin announced Sunday (Dec. 3) that it is integrating a new technology into its Hybrid blockchain, which aims to standardize enterprise-grade blockchains...
The Bank of England (BoE) warned Tuesday (Nov. 28) that U.K.-based banks may be doing some boasting when they say they can stop FinTechs from...
PayPal announced Monday (Nov. 20) it has inked a deal with Acorns, the investing platform, in which customers can use PayPal to fund their investment...
Traditional banks should definitely be concerned about FinTechs after a new survey found that consumers are eager to see technology companies take on financial institutions...