Bank behind fintech’s rise reels in billions in pandemic’s wake
One of the fastest growing banks in the US is on a mission to rewire the industry. It has also ...
Tag: Bloomberg
Buy-now-pay-later firms switch from Gen Z shoppers to businesses
Fresh from their shake-up of Gen Z’s shopping habits, buy-now-pay-later firms are now targeting business payments as the next sector ...
Warren to target bank crypto offerings in US regulator query
Massachusetts Democrat Elizabeth Warren is circulating a letter among her Senate colleagues that would ask a key US bank regulator ...
Robinhood crypto unit fined $30M by New York regulator
Robinhood Markets Inc.’s cryptocurrency arm was fined $30 million by New York’s financial regulator after the brokerage was accused of ...
Visa, Mastercard swipe fees targeted in planned Senate bill
Two US senators plan to introduce legislation as early as this week that would give merchants the ability to route ...
Shopify will cut 10% of its staff, with most workers gone by day’s end
Canadian e-commerce firm Shopify Inc. will cut about 10% of its workforce Tuesday, as Chief Executive Officer Tobi Lutke acknowledged ...
Decentralized finance versus traditional finance: Key differences
Listen to Bloomberg Crypto on the iHeartRadio App Listen to Bloomberg Crypto on Apple Podcasts Listen to Bloomberg Crypto on Spotify Something we say a lot ...
Visa in talks to invest in fintech startup Airwallex
Payments giant Visa Inc. is in talks to join an extension of the fintech startup Airwallex’s latest funding round, according ...
Monzo aims for growth over quick profit during fintech downturn
The boss of UK digital bank Monzo Bank Ltd. said he’s targeting growth rather than immediate profit during a turbulent ...
Billionaire’s tech firm to buy BAE fraud-detection arm NetReveal
Technology billionaire Romesh Wadhwani’s artificial intelligence software company agreed to buy BAE Systems Plc’s financial crime detection business, NetReveal. Terms ...
