Financial Services Articles

Proposed open banking guidance allowing consumers to share financial data with third parties is reportedly delayed by concerns over safeguarding data.

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Financial Services

US regulators’ overhaul of Community Reinvestment Act stops short of fintechs May 10

PayPal brings softPOS to European small businesses through Zettle May 10

Alipay’s and WeChat Pay’s expanded digital yuan support could end up costing them May 10

An Apple BNPL program looks more likely May 10

Walnut gets $110M cash injection to grow healthcare BNPL offering May 10

KeyBank seeks to attract new grads through GradFin acquisition and keep them afterward May 10

SEC nearly doubles its cyber unit, continuing crypto ‘regulation through enforcement’ May 9

Canadian Neo Financial’s $185M CAD fund raise signals confidence in neobanks May 9

Revolut’s banking app hits licensing speed bump in Britain May 9

Block delivers strong Q1, hails Cash App’s growth potential May 9

California governor’s executive order outlines strong blockchain ambitions May 9

Western Union’s tie-up with Mexico-based PagaPhone can help stem volume slump May 9

UK regulatory bodies call for auditing standards of AI and machine learning May 6

Acquisition of TriCount makes Bunq the second-largest neobank in Europe May 6

AI loan processing by Upstart brings efficiencies to the industry—and potential future challenges May 6

Stripe’s widening product suite draws attention from rivals May 6

NatWest claims UK open banking payments landmark with VRP launch May 6

Lightspeed puts acquisitions to work with omnichannel retail platform May 6

EU commissioner calls for international cooperation to police borderless crypto May 5

US open-banking regulation tripped up by privacy concerns May 5