Banks

Banking, Credit Cards, Home Loans & Auto Loans. Personal. Small Business. Wealth Management is just some of the main things a Bank will offer in terms of services.

Visa’s $5.3B FinTech Play, Wrapped In Plaid

Visa’s $5.3B FinTech Play, Wrapped In Plaid
Visa’s $5.3B FinTech Play, Wrapped In Plaid
January 14, 2020  |  VISA

Visa is buying Plaid — the startup that develops APIs for financial services — for $5.3 billion. By helping to bridge the gap between apps...

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Earnings Season To Shine Light On Banks’ Take On The US Consumer
Earnings Season To Shine Light On Banks’ Take On The US Consumer
January 13, 2020  |  Earnings

Like clockwork, earnings season is here. Every three months, Wall Street takes stock (no pun intended) of how companies’ bottom lines are faring and whether top...

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Navigating The Increasingly Murky Waters Of Trade Finance
Navigating The Increasingly Murky Waters Of Trade Finance
January 13, 2020  |  B2B Payments

Trade finance remains an essential tool for cross-border B2B trade, and with an estimated $1.5 trillion gap in available trade finance, non-bank players have flooded...

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Standard Chartered Backs China’s Linklogis
Standard Chartered Backs China’s Linklogis
January 12, 2020  |  B2B Payments

British bank Standard Chartered is investing an undisclosed amount in China’s supply chain platform Linklogis, earning an equity stake, and further enhancing its ongoing partnership,...

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The Push And Pull Of India’s Merchant Discount Rate Ban
The Push And Pull Of India’s Merchant Discount Rate Ban
January 08, 2020  |  Regulation

In physics, one of Newton’s Laws state that for every action, there is an equal and opposite reaction. In payments, it can be stated that...

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UK Police Investigate Travelex Ransomware Attack, Ransom Demand
UK Police Investigate Travelex Ransomware Attack, Ransom Demand
January 08, 2020  |  Security & Fraud

The alleged perpetrators of a cyberattack on Travelex, the “world’s largest retail currency dealer,” was Sodinokibi, a cyber gang demanding ransom, according to reports. Get...

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Changes To Business Lending Underway At India’s PSU Banks
Changes To Business Lending Underway At India’s PSU Banks
January 06, 2020  |  B2B Payments

India’s state-owned banks are going through changes that could mean an overhaul in business lending, The Economic Times (ET) reported on Friday (Jan. 3).  Get...

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Bookkeeping Platform Receipt Bank Raises $73M
Bookkeeping Platform Receipt Bank Raises $73M
January 05, 2020  |  B2B Payments

Digital bookkeeping platform Receipt Bank notched approximately $73 million in equity and debt in a Series C funding round, according to an announcement by global...

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CA Denies Lending License For BNPL Firm Sezzle
CA Denies Lending License For BNPL Firm Sezzle
January 02, 2020  |  Loans

Sezzle — a “buy now, pay later” (BNPL) company based in Minnesota, but listed in Australia — was denied a crucial lending license from California....

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