The notion of a fair day’s work for a fair day’s pay is fundamental to a harmonious workplace. Most people agree that workers should be paid in full once work is done. The arrival of real-time payments means that payroll on demand is a practical reality.
Money is edging toward its biggest reinvention in centuries. Modern technology and even the coronavirus pandemic are pushing consumers to go cashless, and with alternative concepts like Bitcoin taking hold, central banks are acting quickly to ensure they don’t fall behind. Their promise is a payment system that is safer, more resilient and cheaper than private alternatives. The central banks of the Bahamas, the Eastern Caribbean Currency Union and Nigeria have already become pioneers in central
A comparison of bank, credit union and digital bank overdraft policies provides a resource for institutions planning their next move.
As the growing value of cryptocurrencies generated increased media attention, the IRS began watching the space more closely.
It is unsurprising that the UK has embraced the financial market shift to fintech, but where do they stand on a global scale?
SoFi reported fourth-quarter GAAP Revenue was $286 million, up 67%, and $984.9 million for the year, up 74% from 2020.
A new report suggests the pandemic has spurred the financial services and banking industries to accelerate change.
Cambridge announced a joint research effort between the Cambridge Center for Alternative Finance and 16 private sector leaders.
Sure, it only operates in Latin America, yet it has nearly the same digital presence as BofA. Here's why banks must keep an eye on Nubank.
A new study of Americans' checking account relationships underscores the growth of digital banks and fintechs like Chime, PayPal, and Square—and the decline of megabanks like Bank of America, JPMorgan Chase, and Wells Fargo.