Digital-Only Rising Bank to Add Several Products, Services Within 18 Months
Just three months after launching its digital bank and Midwest BankCentre is working on significantly expanding the venture's range of services....
Payments
Fidelity Said to Offer Cryptocurrency Trading Within a Few Weeks
Fidelity Investments, which began a custody service to store Bitcoin earlier this year, will buy and sell the world’s most...
Square Intent on Using ‘Ecosystem’ to Fend Off Competitors
Get used to a new term in fintech: "ecosystem." At Square Inc., "ecosystem" means a rapidly expanding menu of products...
Fidelity Survey Finds Institutional Investors Are Eyeing Crypto
About half of institutional investors consider digital assets to be worthy of holding in portfolios, according to a survey commissioned...
Bank of America Revising New App to Bolster Small Business Client Base
Bank of America has a new source of small business data. The next iteration of the bank's Business Advantage 360,...
Blockchain Adopted by Canadian Banks to Verify Client Identities
Canada is making a big leap in modernizing identity verification, tapping blockchain technology to let consumers digitally prove who they...
In Subtle Shift, Facebook Now Wants to Be the Conduit Between Bank and Customer
Facebook, in a shift that has evolved slowly over time, now sees itself as a channel between traditional financial institutions...
BNY Mellon’s Recent Hires Tasked with Pursuing 3 Key Technology Areas
BNY Mellon's three key financial technology executives added last month were given the directive to pursue investments and fintech partnerships...
Retail Banking Customer Satisfaction has Improved, But Only Slightly
Customer satisfaction in the overall retail banking industry has improved over the last twelve months, but ever so slightly, according...
Venmo Revenue Growth Exceeds Analysts’ Predictions for Q1
PayPal's P2P service Venmo has exceeded analysts' first-quarter estimates in two key areas: annual revenue run rate and number of...
