PayPal to acquire online coupon site Honey for $4 Billion
PayPal Holdings Inc. will acquire Honey Science Corp. for about $4 billion, its largest-ever acquisition, adding a startup that amasses...
Strategy
WorldRemit opens Toronto office to help grow Canadian customer base
U.K.-based digital money transfer company WorldRemit opened its Canadian headquarters in Toronto this week, a move that puts it in...
CIMB Bank Philippines is using smartphone data for underwriting
CIMB Bank Philippines, a digital-only bank, is using data points from customers’ mobile phones, including the number of apps installed,...
Robinhood plans free U.K. stock-trading launch in first quarter
Robinhood Markets Inc. plans to offer its stock-trading service outside the U.S. for the first time, launching in the U.K....
‘Partners in the driver’s seat’: How Green Dot is differentiating its platform offerings
As large tech and retail brands like Uber, Stash and Walmart roll out banking products, Green Dot is the bank...
How Gulf Coast Bank and Trust cut loan underwriting times in half
Gulf Coast Bank and Trust, a New Orleans-based bank with $1.7 billion in assets, is using automation technology to speed...
Ant may join race for Singapore virtual bank licenses
Billionaire Jack Ma’s Ant Financial Services Group said it may apply for a virtual banking license in Singapore, a move...
BMO rolls out photo-based autopay feature
Bank of Montreal is rolling out a new feature that allows customers to pay bills without having to log into...
Facebook beefs up e-commerce capabilities with digital payment wallet
Facebook is adding a digital payment method to its platform, a move which will facilitate retail transactions, and ultimately encourage...
Big tech acting like banks should face same rules, Germany says
Germany has a message for big tech companies: Get ready to be regulated if you want to offer banking services....
