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. ...
Tag: Bloomberg
Porn site says PayPal ban will hurt more than 100,000 performers
PayPal Inc. is blocking transactions at Pornhub, a move the adult-video site says will halt payments to “over a hundred ...
Google partners with Citi to offer customers checking accounts
Google has partnered with Citigroup Inc. and a local California credit union to offer consumer checking accounts, a person familiar ...
Apple Card’s gender-bias claims look familiar to old-school banks
Apple Inc. pitches its new card as a model of simplicity and transparency, upending everything consumers think about credit cards. But ...
Viral tweet about Apple Card leads to Goldman Sachs probe
A Wall Street regulator is opening a probe into Goldman Sachs Group Inc.’s credit card practices after a viral tweet ...
Robinhood is back in Washington’s crosshairs after leverage glitch
Robinhood Markets Inc. is once again getting unwanted scrutiny in Washington after some of the brokerage’s customers took advantage of ...
JPMorgan has a plan to help Amazon and Airbnb look more like banks
JPMorgan Chase & Co. has long feared that technology giants will act more and more like banks. The firm’s surprising ...
Goldman hands out $10b in credit lines for Apple card
Goldman Sachs Group Inc. leaders have been coy about backing up their recent assertion that the Apple Inc. card is ...
Google, Walmart help drive India payments past 1 billion transactions
A payments platform created by India’s largest retail banks surpassed a billion transactions in October, a milestone that affirms the ...
Digital financial services to generate $38b in southeast Asia, study finds
Digital financial services from lending to asset management are expected to generate at least $38 billion of annual revenue across ...
