Wells Fargo: More NFC-Powered ATMS, Fewer Branch Interactions
EXCLUSIVE - People’s interaction with ATMs is shifting more and more towards cardless transactions, at least according to Wells Fargo. In...
Retail Banking
AmEx Wants to Hit the Sweet Spot Between Banks and Marketplace Lenders with New Business Loans
EXCLUSIVE— Small businesses looking for capital mostly have to deal with banks that have data and assets but no speed,...
Media Focused Fintech FastPay Picks Up AnchorOps in a Bolt-On Deal
Los Angeles based FastPay, a fintech that specializes in providing financing to media companies, has acquired AnchorOps, an electronic payment...
Alibaba’s $15 Billion Research Investment to Include Fintech Focus
Chinese e-commerce titan Alibaba announced today that it plans to invest more than $15 billion over the next three years...
Chinese Microlending Fintech May Make Min Luo a Billionaire
With a net worth of at least $1.2 billion, Min Luo may be the latest Chinese billionaire to have amassed...
Fintech Directories Can Help Banks Navigate the Innovation Minefield
EXCLUSIVE— Innovation is a tricky business. You want your bank to onboard customers on mobile devices, for example (good idea!)...
French Telecom Group Orange to Open an Online Bank in November
The French telecom company Orange is launching an online bank, after previously pushing back the launch of the service several...
Salesforce’s New Service for Retail Banking Will Take Banks to the Cloud
EXCLUSIVE—Technology provider Salesforce has released a new cloud service for retail banking, tailored to the needs of bankers who need...
Set Aside More Cash to Cover Bad Loans, ECB Tells Banks
The European Central Bank is planning to ask banks within the euro zone to up the amount of cash on...
The United States May License Bitcoin and Cryptocurrency Exchanges
The Acting Comptroller of the Currency of the United States, Keith Noreika, has stated that he is considering imposing a...
