The Brazil-based FinTech Nubank raised $400 million in a Series F round of funding led by TCV, making it the first major Latin American investment by the Menlo Park, California fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A Japanese FinTech company is applying for a banking charter in the United States, according to a report by American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
While FIs are turning to artificial intelligence (AI) and machine learning (ML) to keep bad actors out, fraudsters are using that same tech to muscle their way in. In the latest Digital Banking Tracker, Brian Fricke, BBVA's chief information security officer, tells PYMNTS how banks...
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In banking, “too big to fail” has become shorthand for financial firms of scale and reach so significant that any operational or financial difficulties may have ripple effects on the economy at large. In a congressional hearing on the proposed merger of SunTrust and BB&T,...
High-yield checking and savings are now being offered by online wealth advisor Betterment as a way to attract new customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Big Tech vs. big banks. Battling. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...
Atom, a banking startup in the UK that caters to millennials, has raised £50M ($62.4 million) in a funding round and is now valued at £530 million ($660 million), according to a report by TechCrunch. Get the Full Story Complete the form to unlock this...
RHB in Malaysia is introducing fraud protection cards with mini screens on the back that auto-generate new card verification value (CVV) numbers, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
