Wells Fargo Retail Banking Data Shows Slow Down In New Customer Accounts

Wells Fargo Retail Banking Data Shows Slow Down In New Customer Accounts
Wells Fargo Retail Banking Data Shows Slow Down In New Customer Accounts
March 21, 2017  |  Banking

Wells Fargo released its retail banking customer activity data for February 2017, and it shows the biggest drop in credit card applications since the bank’s scandal...

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Prosper Reports Surging Losses As Loan Volume Falls
Prosper Reports Surging Losses As Loan Volume Falls
March 21, 2017  |  Alternative Finances

In a filing Monday, Prosper has reported net losses for 2016 that have more than quadrupled — yet another sign that marketplace lending has a...

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House Of Fraser Pulls £29 Million From Tandem Investment
House Of Fraser Pulls £29 Million From Tandem Investment
March 21, 2017  |  Investments

House of Fraser’s Chinese owners pulled £29 million of a £35 million investment in London-based, app-only bank Tandem because of concerns that the Chinese government...

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Corporate Profits Forecasts For Q1 Starting To Dim
Corporate Profits Forecasts For Q1 Starting To Dim
March 21, 2017  |  Investments

The stock markets may have been rallying ever since Donald Trump won the U.S. election, but the outlook for corporate profits in the U.S. is...

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Samsung Launches Bixby, Says Its Better Than Other Virtual Assistants
Samsung Launches Bixby, Says Its Better Than Other Virtual Assistants
March 21, 2017  |  Payment Methods

Putting rumors to rest, Samsung Electronics announced Monday (March 20) the launch of Bixby, its virtual assistant aimed to take on Amazon’s Alexa and Apple’s...

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In Corporate Treasury, Apps Are Out, APIs Are In
In Corporate Treasury, Apps Are Out, APIs Are In
March 21, 2017  |  B2B Payments

API technology isn’t new, but all of a sudden, the world of FinTech seems to be flocking to the tool as a way to expand the financial...

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U.S. Bank Breaks Ground With Commercial Cards For Apple Pay
U.S. Bank Breaks Ground With Commercial Cards For Apple Pay
March 21, 2017  |  B2B Payments

U.S. Bank will enable its  corporate customers to use their commercial cards via the mobile Apple Pay, Android Pay and Samsung Pay solutions, reports said...

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Making Algorithms Play Fair
Making Algorithms Play Fair
March 21, 2017  |  Financial Inclusion

Every day the average American consumer comes into contact with hundreds — if not thousands — of algorithmically powered experiences. Get the Full Story Complete the form...

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‘Father Of P2P’ Giles Andrews Now Leads Two Alt Lenders
‘Father Of P2P’ Giles Andrews Now Leads Two Alt Lenders
March 21, 2017  |  B2B Payments

Alternative SME lending platform MarketInvoice has named Giles Andrews as its first chairman, and according to reports, that means Andrews will chair the board of...

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