Two more groups submit Singapore digital banking license bids
Two more consortiums said they submitted bids for digital banking licenses in Singapore as companies, ranging from a massage chair...
Mike Mayo keeps the hoodie on as banks turn to tech
Wall Street’s focus on Silicon Valley has helped lift shares of Citigroup Inc., Bank of America Corp. and JPMorgan Chase...
Jack Ma’s Ant Financial joins Singapore digital banking race
Billionaire Jack Ma’s Ant Financial has applied for a digital banking license in Singapore, as China’s largest online financial platform...
Grab, Singtel team up on Singapore digital bank license bid
Grab Holdings Inc. is partnering with Singapore Telecommunications Ltd. to apply for a full digital banking license, jumping aboard a...
Big tech Is coming for banking: Experts predict fintech’s 2020
Financial technology startups will enter the next decade with a little more street cred than the last time around. Nearly...
Robinhood fined $1.25 million over how it routed customer orders
Robinhood Financial agreed to pay $1.25 million penalty to a brokerage industry regulator for failing to ensure that its customers...
Vital Fed payment system experiences second delay of 2019
The Federal Reserve is investigating the second significant disruption in 2019 of a payments service administered by the U.S. central...
Truecaller branches out to fintech ahead of potential IPO
Truecaller, one of the world’s largest caller-identification system, is trialing financial service products ahead of a possible stock-exchange listing. This...
Fintech lenders tighten standards, become more like banks
Lara Briehl had a desperate client who was itching to accept an offer. The man was struggling to pay his...
Banks could save more than $70 billion using new tech by 2025
North American banks could save more than $70 billion through 2025 using technology to automate jobs or assist employees, according...
