Tencent Will Increase Investment in Payments, AI
Tencent Holdings will be increasing its investments in financial technologies like artificial technologies and in payments, the company stated during ...
Tag: earnings
Is Lending Club Back?
Better originations, better sales, more revenue: wow, did Lending Club just report a positive quarter? With the results reported on ...
OnDeck Will Focus on Better Borrowers, Expanded Partnerships to Grow Originations
OnDeck is turning towards upgraded features, expanded partnerships, and higher-quality borrowers to jolt its originations back towards growth. The online ...
Bank of America, Chase Pull Ahead of Wells Fargo in Mobile User Growth
Overall, mobile banking usage is still growing, but more quickly at some financial institutions. Bank of America Corp., which reported ...
Wells Fargo Sees Slow Growth in Digital Users, But at Least It’s Growing
Wells Fargo is seeing slow growth relative to its peers when it comes to digital customers, but after several stagnant ...
Record Number of Banks Want to Partner with Lending Club
Lending Club might be through the woods, thanks to banks. Banks made up a "record" 40% of the lender's almost ...
PayPal Wants SMBs to Get Excited About ‘Business in a Box’
PayPal wants this to be the year it grows closer with merchants and small businesses. The payments company launched what ...
Bank of America Customers Have Sent $8 Billion in P2P Payments
Bank of America’s mobile customers are fast embracing P2P. “We remain a leader in digital banking and continue to see ...
Chase, Wells Report Strong Mobile User Growth
JPMorgan Chase and Wells Fargo are certainly on the right track to becoming #MobileFirst. Both banks reported their first quarter ...
Even Visa Thinks There Are Too Many Mobile Wallets
PayPal, Venmo, Google Wallet, Apple Pay, IBM Pay, Walmart Pay, Samsung Pay—the mobile wallet market just keeps on going and ...
