The banks knocked Block and PayPal down to third and fourth place thanks to a stronger digital focus.
Smaller banks are cool toward BNPL: A survey finds that most have scant to zero interest in entering buy now, pay later (BNPL). Those that expressed interest want to partner instead of going solo.
Railsbank seeks unicorn status with next round: The UK-based fintech is reportedly looking to cross the $1B valuation mark and raise around $100M to add to its embedded finance and white-label BNPL offerings.
Fiserv’s Finxact tie-up brings it ‘core as a service’: A cloud-based solution can help the core-banking incumbent stay competitive while offering banks an upgrade for older systems.
Bunq ventures into green investing: The Netherlands-based neobank’s product, rolled out in partnership with Birdee, lets customers invest in environmentally and socially conscious companies.
Available to fintechs and consumer brands, the solution lets Q2 tap into a market with great potential and add to its breadth in banking-as-as-service (BaaS).
Boston Fed, MIT hit a digital-dollar research milestone: Their paper on Phase 1 of Project Hamilton explores technical challenges for a US central bank digital currency (CBDC).
Global climate-related fintech funding surged in 2021 to hit $1.2 billion, according to a CommerzVentures report.
Steve Smith talked with Insider Intelligence about how social media companies can build financial trust and what open banking can do for web3.
The expansion of Zelle’s bank-backed platform as well as the launch of Chuck may spell trouble for Venmo.