The Federal Deposit Insurance Corporation (FDIC) is setting up an office of innovation to encourage banks to adopt financial technology changes. FDIC Chairman Jelena McWilliams...
The Consumer Financial Protection Bureau (CFPB) has announced a settlement with payday lender Cash Express, which will pay approximately $32,000 in restitution to consumers, as...
The country’s four largest banks reported a combined 5 percent drop in U.S. deposits that earned no interest in the third quarter, compared with a...
The SBI Group plans to license Sepior ApS’ wallet technology to use in its own wallet, which will become a part of its digital currency...
American Express posted results Thursday (Oct. 18) that showed increases in card member spending and a boost in lending activity. Get the Full Story Complete...
Most people know that China is the world-leading supplier of students studying abroad. As of 2017, a little more than 600,000 Chinese students left the country to...
Short-term lending – specifically, payday loans – have attracted a lot of attention in recent years, from the media and from the regulators. Get the...
For much of the early 2010s, there was an emerging piece of conventional wisdom that millennials were on the verge of radically breaking from the...
Construction FinTech has evolved to target an array of financial friction points, with delayed payments, a mountain of paperwork and a crowded supply chain of...