The British bank HSBC said Friday it has agreed to sell its French retail bank to the Cerebus-backed My Money Group at a loss of...
Democrats in New York sent a letter to JPMorgan Chase CEO and Chairman Jamie Dimon asking that the bank return the $1.5 billion it collected in overdraft...
In what may be yet another door slamming shut to the use of cryptocurrency in mainstream commerce, Indonesia is nixing the use of the digital...
Banking-as-a-Service (BaaS) platform Unit has raised $51 million in a Series B funding round, the company said in a Thursday (June 17) announcement. Get the...
U.K. digital wealth manager Nutmeg will soon become part of JPMorgan Chase, the company announced Thursday (June 17). Get the Full Story Complete the form...
Like many financial innovations, open banking still seemed exotic in 2018 when momentum began building. What the sector didn’t foresee was a global crisis propelling...
Financial institutions (FIs) of all shapes and sizes say the Paycheck Protection Program (PPP), having presented a slew of challenges for many lenders, offered some...
Although the total number of banks that use artificial intelligence (AI) to assess credit risk has tripled in the past three years, those gains have...