Wells Fargo Retail Banking Data Shows Slow Down In New Customer Accounts
Wells Fargo Retail Banking Data Shows Slow Down In New Customer Accounts
March 21, 2017  |  Banking

Wells Fargo released its retail banking customer activity data for February 2017, and it shows the biggest drop in credit card applications since the bank’s scandal...

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Prosper Reports Surging Losses As Loan Volume Falls
Prosper Reports Surging Losses As Loan Volume Falls
March 21, 2017  |  Alternative Finances

In a filing Monday, Prosper has reported net losses for 2016 that have more than quadrupled — yet another sign that marketplace lending has a...

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House Of Fraser Pulls £29 Million From Tandem Investment
House Of Fraser Pulls £29 Million From Tandem Investment
March 21, 2017  |  Investments

House of Fraser’s Chinese owners pulled £29 million of a £35 million investment in London-based, app-only bank Tandem because of concerns that the Chinese government...

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Corporate Profits Forecasts For Q1 Starting To Dim
Corporate Profits Forecasts For Q1 Starting To Dim
March 21, 2017  |  Investments

The stock markets may have been rallying ever since Donald Trump won the U.S. election, but the outlook for corporate profits in the U.S. is...

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Samsung Launches Bixby, Says Its Better Than Other Virtual Assistants
Samsung Launches Bixby, Says Its Better Than Other Virtual Assistants
March 21, 2017  |  Payment Methods

Putting rumors to rest, Samsung Electronics announced Monday (March 20) the launch of Bixby, its virtual assistant aimed to take on Amazon’s Alexa and Apple’s...

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In Corporate Treasury, Apps Are Out, APIs Are In
In Corporate Treasury, Apps Are Out, APIs Are In
March 21, 2017  |  B2B Payments

API technology isn’t new, but all of a sudden, the world of FinTech seems to be flocking to the tool as a way to expand the financial...

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U.S. Bank Breaks Ground With Commercial Cards For Apple Pay
U.S. Bank Breaks Ground With Commercial Cards For Apple Pay
March 21, 2017  |  B2B Payments

U.S. Bank will enable its  corporate customers to use their commercial cards via the mobile Apple Pay, Android Pay and Samsung Pay solutions, reports said...

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Making Algorithms Play Fair
Making Algorithms Play Fair
March 21, 2017  |  Financial Inclusion

Every day the average American consumer comes into contact with hundreds — if not thousands — of algorithmically powered experiences. The ads one sees on Facebook or...

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‘Father Of P2P’ Giles Andrews Now Leads Two Alt Lenders
‘Father Of P2P’ Giles Andrews Now Leads Two Alt Lenders
March 21, 2017  |  B2B Payments

Alternative SME lending platform MarketInvoice has named Giles Andrews as its first chairman, and according to reports, that means Andrews will chair the board of...

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