Online glitch at Indian bank HDFC hits business for third day
A prolonged glitch at HDFC Bank Ltd., an Indian lender well known for its digital services, could erode trust and...
Payments
Citi taps HighRadius for cheaper cross-border payments
Citibank is speeding up cross-border payments for international business clients by eliminating the need for businesses to convert bill amounts...
California’s fintech startups are invading New York
When two Irish brothers started Stripe Inc. together in 2010, there was little question about where they should put their...
Two years after Chase acquisition, WePay retains its autonomy
Incumbent banks conjure up images of cultural uniformity with their large, bureaucratic structures, but WePay, a Silicon Valley payments startup...
Payment apps are struggling to retain users, data shows
When it comes to keeping users engaged, payments apps seem to be missing the mark. According to a report from...
Weekly Wrap: MoneyLion prepares for growth, as fintechs focus on holiday promotions
Welcome to the latest episode of our weekly wrap video series, for the week ending Friday, November 29, 2019. In...
Japan cashless incentives could be extended as part of stimulus
Japan’s measures for encouraging the spread of cashless payments will likely need more funding beyond the end of March and...
Ant Financial to raise a $1 billion startup investment fund
Billionaire Jack Ma’s Ant Financial is planning to raise about $1 billion for a fund that will invest in startups...
MoneyLion bets it can scale for ‘exponential growth’
MoneyLion is looking to go big. As part of that effort, the personal finance, banking and investment platform has named...
Paytm raises $1 billion at $16 billion valuation
India’s digital payments pioneer Paytm announced new funding from existing shareholders like SoftBank Group Corp.’s Vision Fund and new investors,...
