The UK can’t keep up with fraud: After billions of pounds lost and solutions that don’t go far enough, it keeps trying.
Regional banks clamoring for customers and deposits must update their digital marketing strategies.
The EU is ramping up its efforts in an antitrust probe into Apple Pay. But the Big Tech firm’s loyal customers should shield it from potential fallout.
MoneyLion’s search tool pairs AI with consumer data—neither of which makes it stand out.
It’s a lucrative space, but startups like Charlie will have to compete against incumbents in offering banking services to retirees.
European Parliament advised the ECB to abandon a CBDC launch, citing risks to financial stability. But that doesn’t mean it will.
Here are some things banks should consider when partnering with a fintech.
Improperly handling questionable consumer transactions led to its failed merger with First Horizon Bank.
The BNPL provider embarked on a full restructure to regain growth and achieve profitability
Leaning into high-demand features could help the issuer improve its positioning
The company will lay off 15% of its workforce as it struggles with profitability. But it faces an uncertain future with its biggest client
Aside from a few New York state regulations, the US is stalling on crypto guidance—and firms are fed up.
The fintech’s CEO blamed bureaucratic watchdogs and the banking crisis, but regulatory concerns are likely why it can’t get a banking license.
Concerns over funding costs, liquidity, and deposit outflows could lead to a credit crunch, according to recent Federal Reserve reports.
Banks are borrowing less from the central bank since First Republic collapsed, signaling stability could be near.
Acquiring a BNPL firm would help Revolut in its journey to becoming a super app
It benefited from increased volume in its key growth categories, like BNPL and Braintree
TD said the Clear card can help consumers facing high interest rates, but it may struggle to prove its competitive advantage
SVB and First Republic Bank failures hit VCs: Small VCs are struggling to get bank loans, delaying startup investments. AI sector risk could make banks wary of the VC climate.
The partnership is part of the BNPL provider’s operational overhaul and pivot to a fully white-label strategy