Cross River Bank’s alleged fair lending violations stem from its fintech partnerships.
The mega-retailers want to offer the instant payments rail as an alternative to fee-laden cards
The partnerships let SMBs accept payments for their virtual services directly from the video platform
It agreed to acquire the collapsed Federal Republic’s assets as the banking turmoil roils on.
The high-yield accounts are popular among Gen Zers and millennials, but concerns exist.
Executives at Klarna and Block argue the legislation would add too much friction and create an unlevel playing field
New travel features will help Amazon better compete in the co-brand space and rack up volume.
Both emerging technologies can help Mastercard stay ahead and avoid disintermediation
The government was here to help: As it misses deadlines for its open banking rollout, big banks in Canada will take the lead.
All three paths for resolving its troubles have drawbacks.
Sharing results from its examination of SVB’s collapse, the Fed admits it should have done more.
Banks and payment providers shouldn’t ignore consumers increasingly using cash to combat cost-of-living pressures.
Economic uncertainty has slashed small and medium-sized business (SMB) satisfaction with their payment service providers (PSPs). This is intensifying competition between acquirers and processors, banks, fintechs, and the vendors that serve them. Providers must enhance and simplify access to cutting-edge solutions that solve key pain points—or risk losing share.
Today’s episode is all about the future of banking as a service (BAAS). In our "Headlines" segment, we use Railsr’s fall from grace to discuss how today’s economic uncertainty has slowed down the progress of embedded finance and BaaS. In "Story by Numbers," we examine a cornerstone advisor’s forecast of BaaS revenues in 2026 and how a 2022 study from Endava found that about half of fintechs are having scaling and platform issues with their BaaS providers. And in "Pretend CEO," we ask guest Leda Glyptis to pretend that she’s teamed up with a giant private equity firm with unlimited capital resources and a vision of building or buying her way to win a material share of the $25 billion of BaaS revenues in 2026. Join the fun with host Rob Rubin, our analyst Eleni Digalaki, and special guest Leda Glyptis, chief client officer at 10x Banking and author of the recently released book "Bankers Like Us."
Will Stripe, Chime, or Plaid price an IPO? The market is on track to improve into a healthier year, but it’s hard to find a big deal in fintech to look forward to.
Younger small-business owners are opting to switch FIs or partner with fintechs. Here’s what they want from banks. (This article was written with the assistance of ChatGPT.)
It launched a voice assistant that can take customer calls, aiding during peak and off hours. (This article was written with the assistance of ChatGPT.)