Thai bank targets $1 billion spinoff among Its fintech units
Siam Commercial Bank Pcl plans to spin off some of its fintech divisions as it tries to monetize its push...
PayPal to acquire online coupon site Honey for $4 Billion
PayPal Holdings Inc. will acquire Honey Science Corp. for about $4 billion, its largest-ever acquisition, adding a startup that amasses...
Robinhood plans free U.K. stock-trading launch in first quarter
Robinhood Markets Inc. plans to offer its stock-trading service outside the U.S. for the first time, launching in the U.K....
Ant may join race for Singapore virtual bank licenses
Billionaire Jack Ma’s Ant Financial Services Group said it may apply for a virtual banking license in Singapore, a move...
Big tech acting like banks should face same rules, Germany says
Germany has a message for big tech companies: Get ready to be regulated if you want to offer banking services....
Porn site says PayPal ban will hurt more than 100,000 performers
PayPal Inc. is blocking transactions at Pornhub, a move the adult-video site says will halt payments to “over a hundred...
Google partners with Citi to offer customers checking accounts
Google has partnered with Citigroup Inc. and a local California credit union to offer consumer checking accounts, a person familiar...
Apple Card’s gender-bias claims look familiar to old-school banks
Apple Inc. pitches its new card as a model of simplicity and transparency, upending everything consumers think about credit cards. But...
Viral tweet about Apple Card leads to Goldman Sachs probe
A Wall Street regulator is opening a probe into Goldman Sachs Group Inc.’s credit card practices after a viral tweet...
Robinhood is back in Washington’s crosshairs after leverage glitch
Robinhood Markets Inc. is once again getting unwanted scrutiny in Washington after some of the brokerage’s customers took advantage of...
