US is now Afterpay’s largest customer market
Afterpay’s efforts to embed itself in the U.S. retail ecosystem are showing results. The point-of-sale lender announced this week it...
Strategy
Square revises credit risk model for its SMB lending program
An update to Square’s credit risk model for its Square Capital commercial lending product — first disclosed yesterday — was...
Figure VP Tony Morosini to speak at Bank Innovation Ignite
Tony Morosini, vice president of banking and payments at Figure, will attend and speak at Bank Innovation Ignite on March...
Bankers and aggregators disagree on data-sharing approaches
The parameters around how consumer financial information should be shared with third-party apps and platforms was the subject of debate...
Ripple can’t escape XRP lawsuit it says could topple market
Ripple Labs Inc. failed to persuade a judge to throw out a proposed class-action lawsuit that the blockchain payment services...
Alkymi raises $5M for AI based automation solution
New York-based software startup Alkymi recently raised $5 million in a seed round to help financial institutions and other enterprise...
With Credit Karma, Intuit to boost personalization
Intuit, the business and financial software company behind TurboTax, QuickBooks and Mint, plans to buy personal finance platform Credit Karma...
RBC to launch retail bank for US customers
Royal Bank of Canada plans to launch a direct-to-consumer bank in the U.S. in hopes of reaching affluent consumers. “You'll...
Citizens looks to employees to evolve product roadmap
A “Shark Tank”-style pitch competition has been launched at Citizens Bank, allowing employees to compete for internal innovation fund dollars...
Fidelity spins off Akoya in latest data-sharing business shake-up
Fidelity spun off its data-aggregation business, Akoya, into its own company last week, giving financial institutions another tool to securely...
