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Today In Digital First Banking: Wells Fargo To Sell Asset Management Operation; FDIC Says Bank Profits Fell 36.5 Pct In 2020

Today In Digital First Banking: Wells Fargo To Sell Asset Management Operation; FDIC Says Bank Profits Fell 36.5 Pct In 2020
Today In Digital First Banking: Wells Fargo To Sell Asset Management Operation; FDIC Says Bank...
February 23, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Wells Fargo announced that it has made a deal to sell its asset management business for $2.1 billion,...

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Today In Payments Around The World: Zomato Notches $250 Million On $5.4 Billion Valuation; Tyme Lands $100 Million To Expand Digital Bank
Today In Payments Around The World: Zomato Notches $250 Million On $5.4 Billion Valuation; Tyme...
February 23, 2021  |  International

In today’s top payments news around the world, Zomato has landed an additional $250 million from existing and new investors, while Tyme plans to expand...

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i2c Collaborates With Millennial- And Gen Z-Focused FinTech Zytara
i2c Collaborates With Millennial- And Gen Z-Focused FinTech Zytara
February 23, 2021  |  Partnerships / Acquisitions

Digital payment and banking technology provider i2c has teamed with Zytara, a FinTech firm geared toward millennial and Generation Z gamers and their households. The...

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JPMC Addresses Racial Wealth Gap With Investment Product For Black-Owned Banks
JPMC Addresses Racial Wealth Gap With Investment Product For Black-Owned Banks
February 23, 2021  |  Banking

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...

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Central Banks Of China, UAE Join CBDC Cross-Border Initiative
Central Banks Of China, UAE Join CBDC Cross-Border Initiative
February 23, 2021  |  International

The People’s Bank of China and the Central Bank of the United Arab Emirates are now joining the second phase of the initiative formerly known...

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Restaurants Embark On A Rocky Road To Recovery
Restaurants Embark On A Rocky Road To Recovery
February 23, 2021  |  Retail

As vaccines roll out across the country, restaurants are beginning to shift away from short-term survival mode and toward their longer-term goals. However, the industry...

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Affirm Teams With Vacasa For Flexible Vacation Rental Payments
Affirm Teams With Vacasa For Flexible Vacation Rental Payments
February 23, 2021  |  Travel Payments

Vacation rental management platform Vacasa is partnering with buy now, pay later (BNPL) FinTech Affirm to bring flexible payments to the travel industry, the companies...

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Healthy Competition Among Fitness Apps In Brand New Provider Ranking
Healthy Competition Among Fitness Apps In Brand New Provider Ranking
February 23, 2021  |  Mobile Applications

From Beachbody to Peloton and beyond, fitness is on the minds of millions as everyone battles the “COVID 19 pounds” we’ve packed on to some...

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EU Wouldn’t Allow Robinhood-Style Platforms For Retail Investors
EU Wouldn’t Allow Robinhood-Style Platforms For Retail Investors
February 23, 2021  |  Regulation

European Union officials said the type of commission-free share trading for retail investors offered by companies such as Robinhood would not be allowed in the...

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