FIS touts client growth and loyalty partnership with PayPal
The modernization of core banking tools and loyalty point redemption mechanisms are key priorities for banking technology provider FIS. In...
Retail Banking
Mexican digital bank Stori aims to assist the underbanked
Digital bank Stori, which is based in Mexico City, aims to reach customers with minimal access to financial services. Recent research...
Why Peter Thiel’s $3.5B fintech is fleeing Britain
Defying the gloom around the financial services industry in post-Brexit Britain, the U.K. has maintained its edge in fostering the...
Weekly Wrap: Varo gets FDIC approval, as Curve prepares for US launch
Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, Feb. 14, 2020. In this...
Klarna creates global ‘Consumer Council’
Point-of-sale lender Klarna, which has a banking license in Europe and partners with banks in other markets, is creating a...
Wells Fargo Gateway hits 1.5B API interactions in 2019
Wells Fargo Gateway processed more than 1.5 billion digital interactions in 2019 between the bank’s customers and third-party apps. The Gateway, established...
Herman Man, BlueVine chief product officer, to speak at Bank Innovation Ignite
Herman Man, chief product officer at the small business lending company BlueVine, will speak on a panel at Bank Innovation...
Revolut automates compliance workflows to fuel expansion
U.K.-based digital banking startup Revolut is expanding at a rapid clip. The company boasts more than 8 million customers across...
With new funding, Nova Credit to expand auto finance and mortgage businesses
Nova Credit, a startup whose technology helps banks underwrite immigrants, is growing its auto finance and mortgage offerings. Nova Credit...
S&P: US banks relying less on big-box stores to house branch locations
The growth of mobile and digital banking is driving in-store branch numbers down. In-store branches are satellite bank branches located inside large retail spaces, such as supermarkets or chains like Walmart and Safeway. As of January,...
