Temenos to help US clients launch digital banks in 90 days
The race to create a challenger bank just got more competitive with a ready-made solution from core provider Temenos that...
Fed: Big bank cyberattack could have serious spillover effects
A cyberattack on a major U.S. bank could have network effects that could cripple the financial system, a report from the Federal...
German fintech Raisin acquires Choice Financial as it prepares for US launch
German savings and investment platform Raisin has acquired Madrid-based Choice Financial Solutions in an effort to integrate with U.S.-based financial...
Shopify launches starter loans for merchants as low as $200
Commerce platform Shopify, which supports the operations of more than 1 million merchants, has launched a loan product for early-stage...
With point-of-sale loans, PayPal eyes millennial and Gen Z shoppers
As retailers seek to increase customer purchase volumes through point-of-sale loans, PayPal is setting itself apart from competition through its...
Challenger bank hype will result in better products, says Edison Partners
The rush to be the best bank-type platform has created a crowded market, both in the business-to-business and direct-to-consumer fintech...
Gas stations struggle to meet October chip card deadline
While chip cards are becoming a mainstay at brick-and-mortar retail checkouts, gas pump payment technology lags behind. Visa and Mastercard...
Financial app Qapital hacks the psychology of spending
George Friedman, Qapital CEO and co-founder At first glance, New York-based Qapital, a digital banking, investing and budgeting platform, might...
AI-supported asset manager Pagaya crosses $1.2b in AUM
Pagaya, a fintech firm which uses artificial intelligence to manage institutional money, has topped $1.2 billion in assets under management,...
Banks can take cues from challengers on digital customer acquisition: Gartner
While large banks may not feel threatened by personal finance apps or digital-only challengers, they can learn from them on...
