The Federal Deposit Insurance Corp. plans to unveil a new investment fund to give stakeholders a way to channel capital for banks and support minorities,...
Global financial institution Goldman Sachs will purchase FinTech lending company GreenSky in an all-stock deal worth an estimated $2.24 billion, according to a Wednesday (Sept. 15)...
Sen. Elizabeth Warren said she thinks the Federal Reserve needs to break up Wells Fargo over what she referred to in a letter on Monday...
The head of the Bank for International Settlements’ Innovation Hub has a message for the world’s central banks: get on the digital currency train or...
Financial data platform MX and integrated money movement offering Payveris are getting together to improve account connectivity for U.S. financial institutions (FIs) and FinTechs as...
British FinTech BankiFi has secured a 2.2 million pound (approximately $3 million) investment in a funding round to help financial institutions (FIs) better serve small-...
Two organizations representing lenders have expressed reservations about a new rule proposed Wednesday (Sept. 1) by the Consumer Financial Protection Bureau (CFPB). The rule, if finalized, would require lenders to disclose...
A battle has been raging in the financial industry over the past several years as FinTechs grow more popular and begin to offer more banking...
In a letter to Sen. Elizabeth Warren (D-Mass.) IRS Commissioner Charles Rettig said requiring banks to provide insight into customers’ transaction history could help the...