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Revolut CEO: London Could Lose FinTech Hub Status
Revolut CEO: London Could Lose FinTech Hub Status
March 06, 2024  |  International

Revolut’s new U.K. CEO wants to make sure London remains a FinTech hub. Speaking to Bloomberg News Wednesday (March 6), Francesca Carlesi warned that the...

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Goldman: CFPB Late Fee Rules Will Hurt Citigroup the Most
Goldman: CFPB Late Fee Rules Will Hurt Citigroup the Most
March 06, 2024  |  CFPB

What will the loss of credit card late fees mean for America’s biggest banks? A report Tuesday (March 5) by Goldman Sachs Equity Research examines...

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US Chamber of Commerce Joins Lawsuit Against Independent Contractor Rule
US Chamber of Commerce Joins Lawsuit Against Independent Contractor Rule
March 05, 2024  |  Gig Economy

The U.S. Chamber of Commerce has joined a lawsuit challenging the Department of Labor’s (DOL) new independent contractor rule. Filed Tuesday (March 5), the lawsuit focuses on the DOL’s new...

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Argyle Raises $30 Million to Expand Automated Income, Employment Verification
Argyle Raises $30 Million to Expand Automated Income, Employment Verification
March 05, 2024  |  Authentication

Argyle has raised $30 million in a funding round to fuel the continued adoption and expansion of its automated income and employment verification platform. The company...

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Banking Customers Opt for Smaller Lenders As Giants Get Too Big
Banking Customers Opt for Smaller Lenders As Giants Get Too Big
March 05, 2024  |  Digital-First Banking

As the country’s banking giants expand, some consumers are looking for smaller alternatives. It’s a trend at the center of a Tuesday (March 5) Wall...

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Regions Bank Launches Commercial Card Solution From Visa
Regions Bank Launches Commercial Card Solution From Visa
March 05, 2024  |  B2B Payments

Regions Bank has become the first financial institution to launch Visa Commercial Pay Mobile. This commercial card solution from Visa integrates digital wallets into business payment systems, enhancing...

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EU Competition Chief Margrethe Vestager Says DMA’s Priority is App Stores
EU Competition Chief Margrethe Vestager Says DMA’s Priority is App Stores
March 05, 2024  |  Regulation

The new Digital Markets Act (DMA) will reportedly focus first on app stores. European Union (EU) competition chief Margrethe Vestager told Bloomberg TV Tuesday (March 5)...

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Pocketbook and Grasshopper Partner on Commercial Checking Accounts 
Pocketbook and Grasshopper Partner on Commercial Checking Accounts 
March 05, 2024  |  SMBs

Pocketbook has selected Grasshopper to provide its small- to medium-sized business (SMB) customers with white-labeled, FDIC-insured commercial checking accounts.  The rollout of the products offered by this...

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Analysts Debate Role of Stablecoins as Tether Tops $100 Billion
Analysts Debate Role of Stablecoins as Tether Tops $100 Billion
March 05, 2024  |  Cryptocurrency

Tether, the leading global stablecoin, reportedly surpassed $100 billion in circulation this week. This milestone has fueled debate about the role of digital currencies in...

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