U.S. consumers’ card debt, which fell sharply last year, has now climbed for two consecutive quarters. The upcoming holiday shopping season will signal how quickly borrowing will return to 2019 levels.
UK Treasury minister John Glen has outlined a pathway to the creation of a UK central bank digital currency, with the option of a live launch in the "second half of the decade".
Jim Marous at The Financial Brand just published a survey of what his readers think the future of banking holds. Before you read the results, here are mine: Retail banking focuses upon integrating everything digital Commercial banking focuses upon digital currencies for global trade Investment banking focuses upon the tokenization of …
Cypriot digital bank Tinkoff has appointed Oliver Hughes and Pavel Fedorov as co-CEOs as the financial services firm continues to grow its Russian business.
London-based fintech company, Zilch, has today announced they have secured €95 million Series C funding round reaching a value of €1.7 billion. The
Twenty7Tec today announces that it has completed an APPLY integration with Leeds Building Society, enabling users of CloudTwenty7
As part of its Meta rebrand, Facebook has renamed its financial services and payments group from F2 to Novi.
All fintech products - from WhatsApp P2P payments to Instagram shopping - will now come under Novi, the name of Facebook's digital wallet.
Warren Buffett and Berkshire Hathaway invested in the Brazilian digital bank Nubank earlier this year. Now, it's gearing up to go public.
Although his statement was later retracted by the company, Juan Pablo Ortega, one of it's cofounders, mentioned plans for an IPO in the U.S. in 2002.
PayPal today announced that Amazon.com will be adding a Venmo option to checkout for users in the U.S., starting next year. The news arrived as the online payment giant announced solid third quarter results, with a 13% year-over-year revenue increase. Beginning at some point in 2022, Amazon shoppers will be able to link their accounts...