Browsing: Banking
Key insight: Macroeconomic conditions impacted the first two fintech IPOs of the year, BitGo and PicPay.Expert quote: “The partial government…
(Bloomberg) — Federal Reserve Governor Stephen Miran has stepped down from his post leading the Council of Economic Advisers, according…
Key insight: Banco Santander announced Tuesday that it’s buying Connecticut-based Webster Financial in a cash-and-stock transaction valued at $12.3 billion. What’s…
Key insights: Affirm has signed exclusive distribution deals to get its buy now, pay later loans on Intuit’s Quickbooks Payments…
Key insights: PayPal is replacing CEO Alex Chriss with HP CEO and PayPal board chair Enrique Lores. What’s at stake: Branded…
Key insight: After acquiring Credit Suisse in 2023, Switzerland-based UBS has become embroiled in a dispute with an American lawyer…
Key insight: Signature Bank in Rosemont, Illinois, had tracked an increase in trust-related queries from customers prior to launching Signature…
Key insights: BVNK and Polygon Labs are building scale for stablecoin payments. What’s at stake: Stablecoins are not widely used for…
Key insight: The neobank posted a Q4 net loss of $20.8 million, widening 16.2% from the previous year, despite hitting…
As tokenization increasingly brings instant settlement to transactions, the liquidity buffer that batch settlement has provided for decades is going…