Banks Will Only Slow Fintech Innovation if They Acquire Rather Than Partner, Hyperwallet Says
EXCLUSIVE—Should banks acquire or partner with smaller, more agile fintechs? Well, that depends if the end goal of the bank...
JPMorgan, Barclays Sign On for IBM Quantum Computing System
IBM has signed 12 companies up for early access to its developing quantum computing system, including the banks JPMorgan Chase...
Invoice Finance Platform Finiata Raises $21M in Funding
Finiata, a finance platform developed for SMEs, freelancers, and “Self-employed” consumers, has raised $21 million (or €18 million) in new...
Vanguard Turns to Blockchain for Index Funds
Mutual fund firm Vanguard will start running index data for its funds on the blockchain, as the technology continues to...
Divvy Opens Cloud-Based Mobile-Enabled Financial Platform for Businesses
EXCLUSIVE— There are some annoyances that are universal for businesses: with its new financial platform, officially opened today, fintech startup...
Aspiration Raises $47M for Social Banking
Neobank Aspiration has raised $47 million in funding for its social banking mission, the company announced yesterday. The bank will...
Global Card Payments to Reach Nearly 500B by 2022
The total number of card payments across the globe will reach 483 billion by 2022, more than double the rate...
Mastercard Opens ‘Assemble,’ New Money Management Platform for Millennials
Global payments technology company Mastercard is opening a new platform aimed at the financial management needs of the millennial generation,...
Menlo Security Raises $40M For Malware Protection with Amex, HSBC
Cybersecurity startup Menlo Security has raised $40 million in a new funding, it announced yesterday, with investors including American Express...
What Will Happen to Fintech in 2018? More Blockchain, More Loans, More Fraud, Mitek Says
EXCLUSIVE- Blockchain technology and digital loans will continue to grow in 2018 as banks continue to work on their cybersecurity...
