A WhatsApp Rumor Challenges a Challenger Bank
It was only a matter of time before confidence in the financial system would be tested...
FIs Have Big Plans for AI. Supporting Networks? Not so Much
Despite the investment that financial institutions already are making or planning to make in emerging technologies...
SoftBank Makes $800 Million Bet on U.K. Financier Greensill
SoftBank Group Corp.’s Vision Fund is betting $800 million on Greensill in its second big investment...
BNY Mellon Hires for Blockchain as More Firms See It as a Priority
Bank of New York Mellon has named Subhankar Sinha as Head of Blockchain. A BNY Mellon...
U.S. Congress Launches Task Forces for Fintech, AI
The U.S. House Financial Services Committee has unanimously adopted two resolutions establishing task forces for fintech...
Banks Back Record Number of Cybersecurity Startups
Banks and their venture arms increasingly are backing cybersecurity startups, investing in everything from threat intelligence to...
Green Dot Doubles Down on BaaS Business with $60m Investment
Green Dot, a Pasadena, Calif.-based fintech with a banking license, appears ready to go all-in on...
Why Visa is Acquiring Earthport for its ACH Payments Business
Visa announced yesterday that it is acquiring the cross-border payment company Earthport. The question is why?...
Why Citizens Bank Put a Special UX Team at the Heart of its Mobile App Revamp
Citizens Financial Group is about 18 months into an effort to put user experience design at...
Fidelity Said to Offer Cryptocurrency Trading Within a Few Weeks
Fidelity Investments, which began a custody service to store Bitcoin earlier this year, will buy and...