Fintechs Have a Larger Share of Personal Loans than Banks or Credit Unions
Fintech lenders are making significant gains in the personal loan space, according to a recent TransUnion report, which follows the...
Sberbank Inks Deal with Biometric Startup VisionLabs
Sberbank of Russia acquired a 25% stake in a biometric startup, the bank announced today. The startup is called VisionLabs,...
Dream Payments Is Gearing Up for U.S. Market Expansion
EXCLUSIVE - Cloud-based payment processing platform, Dream Payments is marshaling forces for a major U.S. launch next month. The payments platform,...
Traditional Financial Institutions Still Consider Fintechs as Major Threat
Many financial institution businesses see fintech as a threat. At least, that’s according to a recent report by PwC, which...
PayPal Adds Invoice Feature to Facebook Messenger
EXCLUSIVE - The latest in PayPal’s busy week: the payments company is now letting users create an invoice through the Facebook...
Norwegian Banks Come Together to Form Unified Payments System
Norwegian banks are coming together to merge their payments. According to Reuters, the purpose behind this merger is to combat...
Zelle Use Surges at Bank of America
EXCLUSIVE - Bank of America had five million transactions via the digital payments service Zelle in October alone, an amount 35%...
Robeco Creates Additional Fintech Investment Fund
Dutch asset management firm Robeco just launched a fintech investment firm. Robeco's Global Fintech Equities, which was launched yesterday, will...
RBS Launches First Investment Robo-Advisor in the U.K. through NatWest Invests
EXCLUSIVE- Royal Bank of Scotland becomes the first bank in the U.K. to go live with an investment robo-advisor under...
Allied Irish Bank Buys Minority Stake in Payments Firm TransferMate
Allied Irish Bank (AIB) has invested €30 ($35.3) million in B2B payments platform TransferMate. The investment has likely brought the...
