Financial Services

Planning before taking action and showing extra care in risky areas can help smooth out the merger.

The Bank of England said unreliable financial statements led it to reject the application.

Undue burdens on smaller banks could lead to more consolidation and make big banks even bigger.

The travel booking site partnered with Stripe and Klarna to offer BNPL and smoother bank transfers.

After a challenging Q1, PayPal looks to be shifting its strategy to focus on high-growth areas. Business areas like Xoom might not fit.

Senators’ questioning highlighted the dangers of a lack of accountability on Wall Street. That could pave the way for new regulations.

The big tech is diving deeper into payments to tap new revenue streams.

The two will be among the early adopters of the real-time payment system when it launches in July

The crypto winter has brought assets crashing down to earth and dampened payments growth. But key crypto payment use cases remain intact, drawing continued investment from major payment providers. This helps set a path for US crypto payment adoption to grow by a 21.3% average annual rate from 2022 to 2025 and worldwide volume to grow by 12.6%.