2+ day, 12+ hour ago   (479+ words) This includes a melding of the expertise of the two companies. BVNK sells technology that connects payment networks such as Swift, Sepa, ACH and Fedwire with stablecoin rails. "Blockchain payments are complex and there's a lot of nuances," Vander Leest…...

3+ day, 13+ hour ago   (572+ words) Stablecoins have gotten a lot of attention but not a lot of tangible releases, at least among banks. U.S. Bank this week took an early mover step toward issuing its own stablecoin. The bank has executed a test payment using USBDC,…...

1+ week, 5+ day ago   (437+ words) Bank-fintech relationships are responsible for some of the most popular financial innovations of our time. We have these relationships to thank for neobanking, an innovation that has lowered the barrier to entry for banking and improved financial inclusion. Despite all…...

1+ week, 6+ day ago   (780+ words) For decades, checks have been lauded as a dying payment method, but that isn't stopping JPMorganChase from investing in its lockbox business through AI-powered automation and robotics. Lockboxes are services provided by banks to corporate clients that collect and process…...

2+ week, 2+ day ago   (731+ words) Affirm continued to distinguish itself from its peers in its fourth fiscal quarter ended June 30 as more consumers turned to its point-of-sale and installment lending products, but the fintech still has plenty of room to grow as it touches only…...

3+ week, 3+ day ago   (1118+ words) UPDATE: This article includes new comments from Santander U.S. CEO Christiana Riley. Following the completion of Banco Santander's acquisition of Webster Financial, the head of Santander's U.S. operations said the bank is planning to take the integration process slowly. The Spanish banking…...

3+ week, 5+ day ago   (762+ words) Klarna is looking for a new U.S.-based finance chief at a time when demand for banking talent is at a premium. The Swedish lender's long-time Chief Financial Officer Niclas Neglén will depart the company in 2027 after a six-year tenure that…...

4+ week, 2+ day ago   (594+ words) Nubank is boosting its balance sheet as it works toward opening banks across the Western Hemisphere, including in the U.S. Its net income for the second quarter was $1.1 billion, a 49% increase year-over-year and surpassing $1 billion for the first time in Nubank's…...

1+ mon, 1+ day ago   (656+ words) International Money Express, an Miami-based remittance company and $500 million acquisition target for Western Union, posted a 18% year-over-year decline in revenue to $131.2 million for the second quarter following a 15% decline in revenue during the first quarter, further calling into question whether…...