The FDIC has proposed a potential set of standards and a certification program intended to make it easier for financial...
The U.K. advertising watchdog banned seven cryptocurrency ads on Wednesday and said they must not appear again. Read the full...
Some of the top startups in Europe will go head to head. Our second group of semifinalists in Pitchit’s Startup Summit competition will pitch their ideas live in front of a panel of fintech industry vets to compete for the gold prize.
The tech giant's startup acquisition could enhance credit card penetration in the U.S. and beyond while improving Apple Pay engagement.
Cryptocurrency operator Circle Internet Financial said on Thursday it was valued at $9 billion under new deal terms with Concord Acquisition Corp , a blank-check firm backed by former Barclays boss Bob Diamond.
Small business lender Fundbox believes their new credit and payment product will help to solve the cash flow issue at small businesses; “We want to do for [small-business] B-to-B commerce what the entire credit card infrastructure has done for B-to-C commerce,” said Prashant Fuloria, chief operating officer of Fundbox, to American Banker; one of the biggest reasons for some of these issues is there is no credit scoring equivalent for small businesses; Fundbox Pay allows businesses to get paid immediately and gives those invoiced 60 days to pay at no charge, allowing businesses to handle the seasonal cash flow issues without too much pain. Source.
"I think it's time for us to move in that direction," the Democratic senator told NBC's Chuck Todd in an interview to be aired Thursday night.
Some of the industry's top fintech banking strategists are leaving the corporate world to support fintech startups; three of Deutsche Bank's top executives have left the bank for broadened fintech advisory roles; "Everything from M&A advisory to research to money transfer is being disrupted," says Kerim Derhalli, former Deutsche Bank executive who now leads fintech startup Invstr; as the industry evolves it's likely the market will see more corporate fintech experts involved with new fintech ventures in the private markets. Source
In the market today there are so many great options for low/no fee checking and savings accounts; many of these...