Financial Services

The finserv curtailed the protections, seeking greater flexibility. Is the CFPB stifling innovation instead of promoting it?

Shuttering Novi, the crypto wallet that was live for less than a year, could free up resources for a new digital wallet.

Klarna is staring down a potential 85% valuation cut—here’s what fintechs will have to contend with in H2.

Here’s a roundup of the outcomes from recent regulatory efforts within the US and Europe.

Nearly half of global consumers have changed their payment habits as they feel the squeeze of current market conditions, per a Paysafe report.

The neobank will refund customer deposits and return its banking license, adding another headstone to the Australian neobank graveyard.

Adyen helped Oracle launch a new point-of-sale system that lets restaurants accept and better manage contactless payments.

As the crypto exchange reportedly mulls a takeover bid for the trading app, we look at the pros and cons of the rumored acquisition.

Direct integration into PayPal’s platform improves interoperability while providing financing. Here’s how it helps PayPal compete with banks.

On the same day, it listed on the NASDAQ and launched US banking operations, aiming to challenge Big Tech and payments providers by tapping into immigrant populations.

It launched the Autograph card, which lets customers earn 3X points on top spending categories like restaurants and travel.

Venture capitalists are directing assets toward more capital-efficient fintechs rather than start-ups focusing more on long-term growth potential than cost cutting.

PayPal will remove the fixed fee applied to goods and services payments coming from US customers and simplify tax reporting for business users.

Chatbots that use more advanced AI algorithms could give customers a seamless experience transitioning between technology and humans.

The neobank reportedly plans to buy Latin American fintechs at a discount due to the market downturn.

The solution lets customers store their loyalty cards in the Klarna app, which may help encourage use.

GoCardless and Clear Books launched open banking-powered payment solutions that can help speed up the payment process and minimize card fees.