3 Trends to Watch from 3Q Earnings
Bank of America, JPMorgan Chase and other financial institutions, during their recent quarterly earnings calls, spent a lot of time...
Payments
Bank of the West Adds ATMs for Young Customers on the Move
Bank of the West recently added 143 ATMs across the Denver and Sacramento metro areas through an agreement with ATM...
Capital One Hopes to Score Big with Walmart Partnership
Walmart seems to be popular among financial services players these days. First PayPal and now Capital One have noted the...
Zelle Outpacing Venmo in P2P Money Transfers
Two peer-to-peer payments platforms competing for market share and consumer loyalty posted big gains in their 3Q18 earnings reports. While the...
New Lending Product Aimed at Broadening Target Audience of Barclays U.S.
If there’s one area that fintech companies are giving banks tough competition in the U.S. market, it’s the lending space....
The Struggles of Banks as Technology Companies
LAS VEGAS -- It's a common refrain from bank CEOs: "My bank is a technology company." But the reality is...
CB Insight’s Top 250 Fintechs Made 186 Deals Worth $24B This Year
CB Insights on Monday named its 2018 Fintech 250, a list of what the research firms considers the most promising...
Traditional FIs Should Feel Threatened by Challenger Banks, Report Says
Thanks to a large unbanked population and growing importance of the millennial customer, the digital-first bank business model is spreading...
PayPal Active Accounts Could Further Soar With Walmart Partnership
PayPal has added 9.1 million new active accounts surpassing 254 million net active users in 3Q18. And that number will...
Fed Study: Noncash Payments Fraud Outpacing Growth Overall
Noncash payments fraud in the U.S. outpaced growth in noncash payments overall between 2012 and 2015, according to a Federal Reserve...
