April 30, 2024
Report: Goldman Could Hand off GM Card to Barclays

Goldman Sachs is reportedly closer to exiting its General Motors credit card business. The banking giant is in discussions with Barclays to transfer the issuance of the cards, the latest...

April 30, 2024
Middle Market Emerges as Underserved Opportunity for Financial Services

The financial services industry tends to think at opposite ends of the spectrum when it comes to business customers. Solutions providers, banks and credit card companies tend to pay a lot of...

April 29, 2024
Venezuelan Opposition Politician Warns of Crypto Use for Money Laundering

Venezuela is reportedly expected to increase its use of cryptocurrency when the United States reimposes oil sanctions on the country beginning June 1. A Venezuelan opposition politician, Leopoldo Lopez, and a...

April 29, 2024
Backflip Raises $15 Million to Grow Real Estate Investment Platform

Backflip raised $15 million in a Series A funding round to grow its platform for real estate investors. The company’s real estate and FinTech platform is designed to provide funding and tools to the entrepreneurs...

April 29, 2024
Reem Finance and Visa Partner on Digital Payments in UAE

Reem Finance, a financial services provider in the United Arab Emirates (UAE), has partnered with Visa to expand its offering of digital payment solutions. With the new strategic partnership agreement signed by...

April 29, 2024
Customer-First Focus Unlocks Financial Technology Innovation

With the right technology, businesses can unlock critical insights hidden in their own customer data, Galileo CEO Derek White writes in the new PYMNTS eBook, “The Implications of Uncertainty.”  ...

April 28, 2024
Report: Middlemen Handle 50% of Russia’s Payments to China

Sanctions on payments between China and Russia have reportedly created a thriving market for middlemen. In fact, half of all payments by Russian companies for Chinese products are now handled...

April 28, 2024
General Catalyst Reportedly Raises Nearly $6 Billion for Tech Firms

Venture capital (VC) operation General Catalyst has reportedly raised almost $6 billion for technology startups. The company, which has invested in Stripe, Snap and Mistral, could close its newest fund as soon as May, the Financial...

April 26, 2024
FinTech IPO Index Adds 3% as Oportun Soars on Preliminary...

For the companies populating the FinTech IPO Index, earnings have been part of the continuing avalanche of headlines this past week. Earnings Begin to Trickle In Oportun shares soared 32.5%....