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COVID-19 has brought challenging years for SMEs. With inflation rates at an all-time high, alternative lenders become key to their survival.
We reported earlier this week on JPMorgan’s secret digital banking project underway in London; this news comes soon after the...
The OCC issued a final rule Tuesday to rescind the 2020 proposed Community Reinvestment Act (CRA) rule, setting the stage for more reform.
Apple Card users will be able to skip March payments without incurring interest; those who have loans through Marcus will...
Bank of Nova Scotia, Canada's third largest bank, also known as Scotiabank, has announced a $1 billion investment in digital technology over the next three years; the initiative will focus on bringing more digital technology solutions to clients who are making fewer transactions in branches; 45% of the firm's investment will be focused on foreign markets including Mexico, Peru, Colombia and Chile; it will also be investing in new facilities for blockchain and artificial intelligence development; the firm expects the investment to help reduce costs and improve future profitability. Source
Confirming the investment, Pine Labs CEO Amrish Rau says the company is “fortunate to build in the fintech space and [we] realise we have much to do”.
There is a growing need all across the financial services landscape for top tech talent and now colleges are offering...
Businesses in Europe are having varying success of getting support from government backed stimulus programs; In France small businesses have...
Global trading volume for stable coins jumped to $82bn in 2018, that is up from $12.5bn in 2017; in the...
Quona Capital has raised $141 million for its Accion Frontier Inclusion Fund focused on startups developing solutions for the underserved in emerging markets; investors in the $141 million funding round included Accion, MasterCard and JPMorgan Chase; other existing investors in the fund also include MetLife, TIAA Investments and the International Finance Corporation, a member of the World Bank Group; current Fund investments include Coins, Konfio and Creditas. Source