Operations were frozen at Greensill Bank after Germany’s Federal Financial Supervisory Authority (BaFin) filed a criminal complaint against the financial startup, the Financial Times reported on Wednesday...
In today’s top news in digital-first banking, Step has notched $50 million in a Series B funding round, while Early Warning Services and The Clearing...
In today’s top news in digital-first banking, the central banks of China and the United Arab Emirates (UAE) are joining a digital currency initiative for cross-border...
J.P. Morgan Chase is launching an investment product specifically to support Black-owned banks, Bloomberg reported. The financial services firm also made equity investments in four...
While traditional banks continue to collaborate with FinTechs and facilitate data integrations to strengthen their product offerings for small- to medium-sized businesses (SMBs), more FinTechs...
Lloyds Bank credit card holders, including Halifax and the Bank of Scotland, can now use Mastercard’s Open Banking Connect to transfer funds, make withdrawals and...
M&T Bank Corp is closing in on an acquisition deal to buy People’s United Financial for more than $7 billion, The Wall Street Journal (WSJ)...
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...