In today’s top news, President Biden is expected to pick Michael Barr to head the OCC, and Janet Yellen, Biden’s pick for Treasury Secretary, is expected to take a hard stance toward crypto. Plus, the chief of the CFPB stepped down at Biden’s request. Get...
Chinse billionaire Jack Ma keeps getting hit with setbacks. It all started in November when the Shanghai Stock Exchange acted to delay his Ant Group’s plan to go public, after he met with Chinese regulators. Get the Full Story Complete the form to unlock this article...
Today in B2B payments, European banks grow wary of small business loans, and Xero collaborates on API bank connectivity. Plus, REPAY partners with Billtrust, JAGGAER teams with TransferMate and U.S. CFOs ponder their cash reserves. Get the Full Story Complete the form to unlock this...
In a big setback for Amazon, the Securities and Exchange Board of India has reportedly approved Reliance Retail’s $3.4 billion acquisition of Future Group’s retail assets. Regulatory battles may remain for the deal. Get the Full Story Complete the form to unlock this article and...
TNG Digital, the venture launched by China’s Ant Group and Malaysia’s Commerce International Merchant Bankers (CIMB), is in talks to raise $150 million to fund expansion efforts, Reuters reported on Thursday (Jan. 21), citing four sources. Get the Full Story Complete the form to unlock...
“If we look back at the last few years, we have been approaching a tipping point for banks and FinTechs to collaborate to bring instant digital payments to ubiquity,” says Drew Edwards, CEO of Ingo Money. “My wish for America and the world in 2021...
One common theme amid bank earnings — beyond lofty trading revenues gleaned from Wall Street — has been the increased uptake of mobile banking. Stats from banks, pretty much across the board, have given evidence that consumers have been pivoting to their mobile devices to attend to...
Plenty of famous retail chains have collapsed both before and during a pandemic that has slammed brick-and-mortar stores, but some iconic names like Pier 1, Barneys New York and others are coming back – at least in some fashion. Get the Full Story Complete the...
Costco is waving the white flag and testing curbside pickup at three New Mexico locations after long resisting the idea. But is it too little, too late in an era where consumers are demanding a range of convenient pickup and delivery options? Get the Full...
