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...
Strategy
TD would unlock value by selling Schwab stake, CIBC says
Toronto-Dominion Bank sees “significant value” from Charles Schwab Corp.’s purchase of TD Ameritrade Holding Corp. -- but that will only...
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,...
Plaid expands to France, Ireland and Spain
This week, data aggregator Plaid confirmed its expansion to France, Ireland and Spain. Plaid will work with more than 80%...
Stash doles out 5 million ‘Stock-Back’ rewards
As cash back rewards become expected offerings among banks and financial platform companies, Stash is offering customers fractional shares of...
Stock trading app Invstr adds mobile classes to attract more clients
Stock trading app Invstr is rolling out a series of educational tools to make investing accessible to a wider audience....
Weekly Wrap: Real-time payments expand, as big tech adds financial offerings
Welcome to the latest episode of our weekly wrap video series, for the week ending Friday, November 22, 2019. In...
Thai bank targets $1 billion spinoff among Its fintech units
Siam Commercial Bank Pcl plans to spin off some of its fintech divisions as it tries to monetize its push...
CFPB, Federal Reserve Board: AI bias can’t be ignored
Following a recent backlash resulting from allegedly discriminatory underwriting methods for the Apple Card, lenders' moves are facing scrutiny from...
With Honey, PayPal focuses on the path to purchase
On Wednesday, PayPal agreed to acquire digital coupon platform Honey for $4 billion. Despite the hefty price tag, Honey offers...
