On Dec. 10, the Federal Reserve (Fed) reduced the benchmark interest rate by 25 basis points to the range of 3.5-3.75% in its ...
A US bank charter has become one of the most sought-after assets among financial-technology companies around the world. Stablecoin issuers, payment processors and other fintech firms covet a banking ...
Fintechs, short for financial technology companies, are not banks. They are technology firms that use software to deliver ...
In a remarkable recognition of its commitment to innovation, trust, and customer service, OPay, Nigeria’s leading financial ...
In a recent commentary in the Beijing-based Financial News, Yin Jianfeng, chief economist at China Zheshang Bank, argued that tech finance increasingly resembles equity investment, with banks needing ...
Several U.S. banking giants and mortgage lenders are reportedly scrambling to assess how much of their customers’ data was stolen during a cyberattack on a New York financial technology company ...
Fifth Third says the combined company will operate in some of the fastest-growing areas of the country, such as Texas Fifth Third Bancorp plans to increase its presence in Texas and other fast-growing ...