Japan cashless incentives could be extended as part of stimulus
Japan’s measures for encouraging the spread of cashless payments will likely need more funding beyond the end of March and...
Banking
MoneyLion bets it can scale for ‘exponential growth’
MoneyLion is looking to go big. As part of that effort, the personal finance, banking and investment platform has named...
Clearing House sets data-sharing framework, but the devil is in the detail
The Clearing House this month rolled out a data-sharing legal agreement model for banks to use when partnering with third-party...
TD would unlock value by selling Schwab stake, CIBC says
Toronto-Dominion Bank sees “significant value” from Charles Schwab Corp.’s purchase of TD Ameritrade Holding Corp. -- but that will only...
Paytm raises $1 billion at $16 billion valuation
India’s digital payments pioneer Paytm announced new funding from existing shareholders like SoftBank Group Corp.’s Vision Fund and new investors,...
Stash doles out 5 million ‘Stock-Back’ rewards
As cash back rewards become expected offerings among banks and financial platform companies, Stash is offering customers fractional shares of...
Stock trading app Invstr adds mobile classes to attract more clients
Stock trading app Invstr is rolling out a series of educational tools to make investing accessible to a wider audience....
Weekly Wrap: Real-time payments expand, as big tech adds financial offerings
Welcome to the latest episode of our weekly wrap video series, for the week ending Friday, November 22, 2019. In...
CFPB, Federal Reserve Board: AI bias can’t be ignored
Following a recent backlash resulting from allegedly discriminatory underwriting methods for the Apple Card, lenders' moves are facing scrutiny from...
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...
