China’s yuan could become the world’s third-largest reserve currency in the foreseeable future due to increased foreign investment in Chinese companies, analysts at Morgan Stanley...
An upstart FinTech founded by a former Goldman Sachs trader has wrapped up a deal to acquire a brick-and-mortar bank in Minnesota. Get the Full...
U.S. payments company Bottomline Technologies has announced it is now providing Confirmation of Payee (CoP) services to banks in the United Kingdom. Get the Full...
Plaid is doubling down on its push to connect banks to FinTechs and their customers with a new, instant account update feature. Get the Full...
More money crossing borders digitally. Fewer correspondent banks to move that money. And the hallmark of that money movement — a lack of transparency and speed. What...
Wells Fargo is launching a new, low-cost bank account — with access as well to a new digital payments service — in its latest move...
The mobile device has been providing small business owners with a quick, convenient way to check balances and initiate payments – the same way they’ve...
With profits and margins at all-time lows, the U.S. banking system is in flux as customer deposits surge and make the safety net for failures...
U.S. and Canadian banks are all but certain to cut personnel costs as the COVID-19 shock gives way to more long-term economic problems, even though...