Grab, Singtel team up on Singapore digital bank license bid
Grab Holdings Inc. is partnering with Singapore Telecommunications Ltd. to apply for a full digital banking license, jumping aboard a ...
Tag: Bloomberg
Big tech Is coming for banking: Experts predict fintech’s 2020
Financial technology startups will enter the next decade with a little more street cred than the last time around. Nearly ...
Robinhood fined $1.25 million over how it routed customer orders
Robinhood Financial agreed to pay $1.25 million penalty to a brokerage industry regulator for failing to ensure that its customers ...
Vital Fed payment system experiences second delay of 2019
The Federal Reserve is investigating the second significant disruption in 2019 of a payments service administered by the U.S. central ...
Truecaller branches out to fintech ahead of potential IPO
Truecaller, one of the world’s largest caller-identification system, is trialing financial service products ahead of a possible stock-exchange listing. This ...
Fintech lenders tighten standards, become more like banks
Lara Briehl had a desperate client who was itching to accept an offer. The man was struggling to pay his ...
Branches still pay off for Canada’s banks even in the app era
In a world reliant on smartphone apps, bank branches may no longer be Main Street mainstays, with red velvet ropes between brass ...
Banks facing data crisis may need political help, Denmark warns
First there was the financial crisis of 2008. Then years of negative interest rates. Now, banks face what one financial ...
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 ...
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 ...
