February 09, 2024
Barclays to Acquire Tesco Bank, Partner With Tesco Stores
Barclays has entered into an agreement to acquire Tesco’s retail banking business, including its credit cards, unsecured personal loans, deposits and operating infrastructure. The acquisition of Tesco Bank will be...
February 08, 2024
Zillow Debuts Individual Room Listings as Housing Costs Climb
Zillow has begun targeting customers who want to rent — or rent out — a room. The real estate website announced Thursday (Feb. 8) that its platform now gives users the...
February 05, 2024
Credit Unions and Schools Partner to Equip Digital Natives With...
From buying groceries and getting a credit card to applying for a bank loan, making financial decisions is part and parcel of everyday life, making financial literacy a core life...
February 05, 2024
Banks Report Tighter Standards, Lower Demand for Lending in Q4
Banks tightened their standards on loans to both businesses and households in the fourth quarter. They also saw lower demand for lending during that period, the Federal Reserve reported Monday (Feb. 5). “While...
January 31, 2024
Biometrics Startup Incognia Raises $31 Million for Anti-Fraud Tools
Biometrics startup Incognia has raised $31 million to develop its location identity offerings. The funding, announced in a Wednesday (Jan. 31) press release, will also help the company expand its presence in North America,...
January 26, 2024
Platforms Gain Momentum Ahead of Earnings, Propel FinTech IPO Index...
It’s the end of January almost, and through the next few weeks, FinTechs will weigh in with everything from loan performance metrics to profits (where there are profits to be...
January 25, 2024
Lloyds Slashes Jobs as Banking Customers Shift to Digital
Lloyds Bank is reportedly eliminating 1,600 jobs amid an increased focus on digital banking. The British lender also plans to create 830 new jobs for its “relationship growth” team to understand customers’ financial aims...
January 25, 2024
Disposable Income Rises in Q4, but Will Consumers Keep Spending?
Headline numbers reveal that the United States economy keeps growing, outpacing expectations. Although the pace of growth has been tempered a bit, there are some positive signs of consumers’ financial...
January 24, 2024
Bilt Explores Mortgage Payment Rewards Amid $3.1 Billion Valuation
Rent payment loyalty platform Bilt Rewards is now a $3.1 billion company. Bilt’s new valuation follows a $200 million equity investment led by General Catalyst, as well as the addition of General Catalyst...
