Digital financial services to generate $38b in southeast Asia, study finds Bloomberg News October 31, 2019 Bloomberg, Innovation Strategy, Payments, Retail Banking Digital financial services from lending to asset management are expected to generate at least $38 billion...
Citi promotes Jane Fraser, sets stage for first female bank CEO Bloomberg News October 25, 2019 Bloomberg, Innovation Strategy, Retail Banking Jane Fraser ascended to the No. 2 job at Citigroup, putting her in position to succeed...
Ping An’s $22b push to shed old-school insurance skin Bloomberg News October 24, 2019 Bloomberg, Capital & Funding, Innovation Strategy Ping An Insurance wants to be valued more like a technology company. Its executives have yet...
Visa, Mastercard say they just made mobile shopping a lot easier Bloomberg News October 22, 2019 Bloomberg, Payments, Product Design, Retail Banking Smartphones have made taking a photo and checking fantasy football scores a breeze, but inputting credit...
Hot online bank startup leaves customers without access to their cash Bloomberg News October 17, 2019 Customer Experience, Payments, Retail Banking, Startups Chime, an online banking startup with more than 5 million customers, has been suffering an outage for much...
Paytm nears $2 billion from backers including SoftBank, Ant Bloomberg News October 14, 2019 Bloomberg, Capital & Funding, Innovation Strategy Indian fintech giant Paytm is close to scoring $2 billion of new financing from investors including...
Robinhood gives banking another shot a year after botched launch Bloomberg News October 8, 2019 Bloomberg, Compliance & Regulation, Investing, Product Design, Retail Banking, Sales & Marketing, Wealth Management Robinhood is giving banking another shot, 10 months after its first attempt at a checking and...
Robinhood adds ex-SEC official to board after regulatory issues Bloomberg News October 7, 2019 Bloomberg, Compliance & Regulation, Innovation Strategy, Retail Banking, Startups, Wealth Management Robinhood is getting a new board member: Dan Gallagher, a former commissioner for the U.S. Securities...
Vanguard to challenge banks’ grip on $6 trillion currency market Bloomberg News October 3, 2019 Blockchain, Bloomberg, Investing Having revolutionized the business of buying stocks, Vanguard Group is now coming for currencies. The investing...
Wells Fargo names BNY Mellon’s Scharf as CEO to lead turnaround Bloomberg News September 27, 2019 Bloomberg, Retail Banking, Sales & Marketing Wells Fargo named Charles Scharf chief executive officer, marking a new era in the bank’s efforts...