Challenger banks — financial firms offering something much like banking services, and looking to compete with old-school banks — are a new idea. The basic...
Bank of America offers its corporate clients a unique perk. They can make payments in the billions of dollars on smartphones using the bank’s CashPro...
An independent competition authority in Greece has raided a number of major Greek banks over an investigation into collaboration between the institutions, according to a...
Brazilian Lender Banco Inter is launching an app to give its clients direct access to more than 60 online stores, according to Reuters. Get the...
A German proposal for the EU’s banking union is being opposed by Italy, which said it would impact banks’ ability to compete, according to a...
Big, splashy announcements of freshly-forged partnerships between FinTechs and mainstream payments and financial services players are released by the dozens these days. Get the Full...
Deutsche Bank Deputy Chief Executive Officer Karl von Rohr said the bank welcomes a finance ministry proposal from Germany that would strengthen the European banking...
In today’s top payments news, Japan’s SoftBank reported a $6.5 billion loss on Wednesday (Nov. 6) with its first quarterly drop-off in 14 years. Also,...
Bank of America has teamed with IBM and its regulatory compliance arm, Promontory Financial Group, to create a cloud computing platform that has privacy, security and...