TransferWise will change its name to simply Wise, a press release says, which will reflect the broader change of the company beyond its original roots as...
San Francisco-based Brex, which makes financial management software for businesses, announced Friday (Feb. 19) it has filed to open an industrial bank in Utah, according...
China’s bank regulator is tightening restrictions on internet loans made by commercial banks and looking more into online lenders in general, Reuters reported. Get the...
In today’s top digital-first banking news, Bank of America inventors filed a record number of patents, while Klarna is collaborating with cryptocurrency exchange Safello. Plus,...
Walmart registered mixed results for its last financial quarter, while the retailer said it was going to bolster and accelerate investment in important digital areas. In brick-and-mortar...
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The landscape has changed remarkably for financial institutions (FIs) over the last decade. Since the Great Recession, interest rates have been close to zero or...
Cashplus, which is newly in possession of a banking license, has rolled out a 50 million pound ($69 million) fundraising to help grow the company...
“Banker’s hours” is an archaic term harking back to when banks were only open from about 10 a.m. to around 2 p.m. Paper ledgers, carbon...