Monetizing Venmo Could Lead to Millennial Trouble for Zelle (and Banks)
EXCLUSIVE— Is Zelle in trouble? PayPal’s third quarter earnings, specifically the quarterly results of its popular P2P app Venmo, seem...
Retail Banking
Qudian Wins the U.S. Stock Market
Valued at $11.7 billion, Chinese peer-to-peer lender Qudian is now the largest Chinese company listed in the United States. It...
Keyboard Payments App PayKey Raises $10 Million in Series B
EXCLUSIVE - Banking keyboard app, PayKey closed a $10 million Series B funding round today bringing the fintech’s total investment...
Marcus Is Still Small, But Looms Large in Goldman’s Future
EXCLUSIVE- Marcus, the lending platform launched a year ago by Goldman Sachs, is not yet bringing in real financial returns,...
HSBC Partners with Fintech Bud for New Open Banking App
HSBC along with its subsidiary First Direct has partnered with London-based fintech startup Bud to test one of its open banking...
Mastercard to (Finally) Kill Signatures
Mastercard has had enough of waiting for the signature to die on its own. That’s why the global payments company...
Small Business Banking App Seed Nixes Monthly Fee
EXLUSIVE - SME-focused digital banking app Seed is getting rid of its monthly fee and will now be free for customers....
SoFi Withdraws Banking License Amid CEO Resignation
After a tumultuous few weeks, online student lender Social Finance, or SoFi as it is better known, is withdrawing its...
Banks Need to Focus on Data, Not Technology, RBC Says
EXCLUSIVE--Future banking innovations aren’t going to depend on what technology financial institutions are using, but on what data is underlying...
JPMC’s Lead Grows in Mobile Banking Users
Back in 2013, when mobile banking wasn't discussed on earnings calls (and if analysts asked about it, they often caught...
