There used to be an old radio show that asked about the evil that lurked in peoples’ hearts. “The Shadow knows,” intoned the narrator. We’ll...
The joint statement and requests for information issued by several agencies late last month on “potential risks” inherent in bank/FinTech relationships spotlight regulators’ concerns on...
It’s been well-documented that banks and FinTechs have been collaborating together on financial services innovation, where they once were mainly competitors. But for the banks...
PNC has teamed with treasury platform Koxa to debut an embedded banking offering. The integration, announced Monday (March 4), is aimed at PNC clients that use the Workday...
America’s regional banks are reportedly hoping to get healthier by getting smaller. As The Wall Street Journal (WSJ) reported Monday (Oct. 23), these lenders are scaling back...
Citi says it is investing in Peruvian foreign exchange (FX) FinTech Rextie. “The investment makes Rextie Latin America’s first FX FinTech to receive an investment from one...
The FinTech industry has experienced significant growth in recent years, but it is has not been immune to economic headwinds. In fact, rising interest rates,...
Open Banking business models continue to proliferate, and not just geographically. In the U.K., financial regulators are exploring an expansion of the data ownership, privacy...
When it comes to treasury market offerings, banks have historically started wholesale and retail lockbox businesses. They were able to provide these services to their...