Category: Financial Services

May 6, 2019

Mastercard announced that it will acquire bill pay platform Transactis for an undisclosed amount. Transactis’ technology is used by bank and nonbank partners to enable businesses to streamline their bill collection digitally — including firms that typically don’t support digital bill pay, […]

March 26, 2019

When people talk about the future, what they usually care most about is what that means for people — how they’ll live, if they’ll adapt. Apple (AAPL – Get Report) has helped to transform human behavior so that now nearly […]

February 25, 2019

The collective rise of the tech giants and challenger banks is placing significant pressure on traditional financial institutions. Disruptive digital savvy ‘newbies’ are designing their entire ethos around simplifying and enriching the customer experience, and anyone slow to respond could […]

December 20, 2018

It’s never been easier to set up shop on the web and sell your wares to the world. The US is a global leader in e-commerce and the sector is characterized by constant innovation, so it’s worth investing time and […]

November 8, 2018

With her re-election this week, California Rep. Maxine Waters is set to lead the House Financial Services Committee when the next session of Congress begins in January, and that is potentially bad news for President Donald Trump. As head of […]

October 11, 2018

PayPal Holdings Inc. (PYPL) is going brick-and-mortar. The digital payment service announced a partnership with Walmart Inc. (WMT) that will allow customers to withdraw and deposit funds to and from their accounts at Walmart stores. PayPal shares were up 1.7% […]

September 20, 2018

Are you between 21 and 37? Please bank with us. That’s the message millennials are hearing as the battle between the big banks and fintech companies for their hearts and deposits heats up. The newest entrant in the fray – […]

September 18, 2018

Visa and Mastercard agreed to pay as much as $6.2 billion to end a long-running price-fixing case brought by merchants over card fees, the largest-ever class action settlement of an antitrust case. The two card companies will pay between $5.54 […]

May 15, 2018

Coinbase has unveiled a spate of products and services aimed at major players in the financial industry. Tuesday’s announcement, which included a new “white glove” offering called Coinbase Prime, comes as the San Francisco digital currency exchange seeks to entrench […]

April 16, 2018

Is the tax revamp signed into law in December helping banks? One quarter in, earnings results show that it’s complicated. On Friday, JPMorgan Chase JPM, -2.71% said its quarterly profit jumped by more than one-third to an all-time high, helped […]