Singapore-based payments startup Airwallex reportedly wants to expand into lending. To that end, the company, which offers AI-powered automated workflow solutions among other offerings, plans to acquire...
The platforms that have banks embedded in their operations are taking more of their lending activities into a direct model, giving momentum to income streams...
Banks and credit unions may feel like they offer a best-in-class digital experience — and the readiness to offer new services and options — when...
“Complexity powers the status quo,” Karen Webster wrote in a recent column. And in financial services — particularly for credit unions — complexity in the...
The payment and commerce platforms PayPal, Shopify and Block have long been developing ecosystems for merchants. For the small to mid-sized businesses, signing on to...
Block, formerly known as Square and the owner of Cash App, has distinct ambitions. And they vary for each of its business lines. Outside of Square and...
LendingClub’s latest quarterly results show an acceleration of loan originations, and banks have moved back to the company’s platform as consumers look for ways to...
Mid-sized financial institutions (FIs) — including community banks, regional banks, and credit unions — face growing challenges in automating their lending processes. This is particularly...
Mercado Libre is witnessing a consumption recovery in Argentina amid a period of “profound economic transition.” The Latin American eCommerce/FinTech platform announced Tuesday (Oct. 8)...