The paradox of data: can financial services avoid a Cambridge Analytica?
For the financial services industry, Facebook’s new cryptocurrency, Libra, is yet another warning that digital technology is chipping away at...
Payments
Inside Citizens Bank’s point-of-sale lending strategy
As checkout loan startups like Affirm, Klarna and Bread garner funding and grow relationships with retailers, banks are putting up...
Can the US draw lessons from Czech contactless card adoption?
As contactless payments gain wide adoption in Europe, there are questions around how quickly the technology will scale to U.S...
Sand Hill East’s Brown sees banks moving to open platforms
The product-centric bank of the past, concerned with keeping proprietary control over all its offerings, is ceding ground to the...
Goldman Sachs explores creating a digital coin like JPMorgan’s
David Solomon may take a leaf out of Jamie Dimon’s book by exploring a digital coin for payments. Goldman Sachs...
Virtual card startup Extend sees $400b hole in commercial market
Credit card distribution startup Extend sees a $400 billion market opportunity in eliminating out-of-pocket spending for business expenses through the
How BofA solved the industry’s in-branch card issuance problem
For customers who lose their debit cards, a visit to a nearby branch is often the quickest way to resolve...
With debit card expansion, TransferWise moves closer to challenger bank
Money-transfer startup TransferWise is expanding the reach of its multi-currency debit card and, in doing so, wading into bank territory....
In the battle for top of wallet, Citi adds instant card rewards redemption
Citibank is hoping instant cash back rewards at checkout will encourage more card use and grow customer affinity with the...
RBC rolls out real-time wire payments tracking for businesses
The Royal Bank of Canada today launched a real-time wire payments tracking feature to instill more transparency around the status...
