Wirecard Said to Expect Final Report on Fraud Allegations Soon
Wirecard AG expects the final report on an investigation concerning alleged fraud at its Singapore unit to be presented soon,...
Credit Agricole-Backed Fintech Startup in Insolvency Filing
SETL, a London-based blockchain startup with a former Bank of France governor on its board and Credit Agricole SA among...
As U.S. Banks Shut Branches, JPMorgan Leads Shift Toward Wealthy
Aberdeen, Washington, is a far Northwest outpost of JPMorgan Chase & Co., with one lonely branch perched near the Pacific,...
Barclays to Merge BPay, Pingit Products as Banks Fend Off Apple
Barclays Plc is preparing to merge its wearable mobile payments product BPay with its more popular Pingit app, after it...
Most Powerful Banker in Nordics Says Cutting Humans Reduces Risk
The man running the biggest Nordic bank says that reducing the number of humans working in finance will actually help...
Klarna Ups Revenue But Growth in Merchants Joining Startup Slows
Payments company Klarna Bank AB grew revenue by about a third in 2018, but operating income fell and the speed...
Fintech Adyen’s Shares Jump as Sales Beat Estimates
Adyen NV reported a 54% rise in second-half net revenue, beating analysts’ estimates as the fintech darling continues to deliver...
JPMorgan to Up Tech Spending as Higher Rates Boost Revenue
JPMorgan Chase & Co. said it expects to spend much of the windfall from higher interest rates on technology investments...
ETF Fees Are Falling to Zero as SoFi Plans First No-Cost Funds
The first free exchange-traded fund is on its way. Social Finance Inc., the online lender known as SoFi, is helping...
Apple-Goldman Credit Card Poses Risks, May ‘Blow Up’, Analyst Says
It would be “odd” for Apple Inc. to offer a jointly developed credit card with Goldman Sachs Group Inc. and...
