Citigroup Attributes Q1 Deposit Growth to Its Digital Channels
Citigroup's digital channels are crucial to growing its new-to-bank customer deposits, according to CFO Mark Mason, who reported single-digit YOY...
Payments
Nexi Raises $2.3 Billion in Europe’s Largest IPO in 2019
The initial public offering of payment-service company Nexi SpA raised 2.01 billion euros ($2.3 billion), making it the biggest listing...
Hackers Try Smaller Amounts Three Years After $100 Million Heist
Three years after hackers managed to siphon off more than $100 million from the Bangladeshi central bank’s account in the...
Apple’s Credit Card Gives Goldman Sachs Rare Customer Role
Apple Inc. launched a credit card last month, hoping to upend a $175 billion industry much like it did the...
Israeli Startup Riskified is Said to Seek $200 Million Funding
Riskified, an Israeli startup that provides anti-fraud services for online transactions, is seeking to raise as much as $200 million,...
Bento for Business and Visa Team Up on Cash Flow for SMBs
B2B payment solutions firm Bento for Business today announced it has added Visa Business debit cards to its modular financial...
Mastercard’s Tokenization, and Consumer Choice, Made Digital-First Apple Card Possible
Mastercard’s tokenization technology made the digital-first Apple Card possible, but purely from a technological standpoint, Jorn Lambert, EVP, Digital Solutions...
3 Notable Regtech Startups: Apiax, ComplyAdvantage, Ascent
Regulations such as PSD2 and GDPR (General Data Protection Regulation) have put regtech companies at the front and center of...
Santander Targets $1.4 Billion Cost Savings Amid $20 Billion Digitalization Plan
Banco Santander SA pledged to cut €1.2 billion ($1.4 billion) of annual costs and ramp up investment in digital and...
New Fintech Unicorn Bill.com Teams with Mastercard to Offer Virtual Card
Bill.com, a business payments and software platform firm, today announced an $88 million funding round led by Franklin Templeton that...
