Inside Look: The meteoric rise of point-of-sale lending in the U.S.
Almost a century ago, when the U.S. economy began to show signs of recovery after the initial shockwaves of the...
Payments
PenFed, Genesis join Ally in home improvement finance race
Porch.com, an online platform that connects homeowners with contractors, launched Porch Financing Solutions on Monday, following the lead of Ally...
BBVA USA overhauls mobile app
BBVA USA today launched Mobile 9.0, its upgraded mobile app, featuring a more comprehensive and real-time view of customer transactions,...
Current to add cash deposit feature
Current, a New York-based banking platform, plans to add a cash-deposit feature to its banking app by early August, following...
Former Wirecard CEO arrested, scandal prompts calls for reform
Wirecard AG’s former chief executive officer was detained by Munich prosecutors as the scandal over 1.9 billion euros ($2.1 billion)...
Mastercard takes step away from cards with $825 million deal
Mastercard Inc. made another push away from traditional card payments with an $825 million deal to acquire technology firm Finicity....
Checkout.com’s $150M Series B latest big bet on B2B payments
Business-to-business payments companies continue to score venture capital despite the market uncertainty caused by the COVID-19 pandemic. Checkout.com today announced...
Wirecard fights for survival as billions may not exist
Wirecard AG was left fighting for survival after acknowledging that 1.9 billion euros ($2.1 billion) that it had reported as...
Weekly Wrap: Banks tackle crisis CX and stand-alone brands
This week, FinAi News took a look a Verint report that ranked some of the country's biggest banks based on...
Too small to fail: Can small banks do what the giants can’t with digital offshoots?
Some of the largest banks in the world have stumbled this past year with their forays into stand-alone brands. Last...
