One of the themes of PYMNTS’ monthly “What’s Next in Payments” series is that the Banking-as-a-Service (BaaS) model is under pressure right now. Synapses declared failureWhile...
Revolution it is reportedly planning a stock sale and is seeking a valuation close to that of Lloyds Banking Group. The British FinTech is seeking a...
Tsingha25 | Istock | Getty Images About a month later, the ledger showed just $1.4 million in Yotta funds held at one of the banks, Evolve...
LONDON – British fintech firm Zilch said Wednesday it has raised $125 million in debt financing from the German banking giant German bank in a deal...
THE Federal Reserve Board issued a “cease and desist” order against Evolve Bancorp and its subsidiary, Evolve Bank & Trust, which could have a chilling effect...
The Federal Reserve Board issued an enforcement action against Evolve BancorpInc. and Evolve Bank & Trust, which provides so-called banking products as a service to fintech...
Long gone are the days when venture capital flowed into fintech startups with bold ideas – and little to show for it in terms of business...
Jelena McWilliams, president of the Federal Deposit Insurance Corporation (FDIC), during a Senate Committee on Banking, Housing and Urban Affairs hearing in Washington, DC, U.S., Tuesday,...
Jelena McWilliams, president of the Federal Deposit Insurance Corporation (FDIC), during a Senate Committee on Banking, Housing and Urban Affairs hearing in Washington, DC, U.S., Tuesday,...
Fintechs often give banks a run for their money, pun intended, when it comes to using technology to improve the customer experience. Torpagoprovider of commercial credit...
