The FinTech IPO Index rose 2.2% this week as a spate of acquisitions dominated the news as the end of the second quarter approached. One such...
It’s been a bad month for Evolve Bank and Trustand the situation only gets worse. Following a “cease and desist” order. released to the bank on...
In many ways, it was the summer of cyber attacks AND data breaches. And with the news Russia-linked Lockbit ransomware gang claims to have stolen 33...
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...
The holiday-shortened week saw the FinTech IPO Index slip 2.1%. Year to date, the index has eked out a meager gain of 2.3%. Apple’s continued push...
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...
The recent Synapse failure represents one of the largest implosions in the history of the FinTech sector. The ongoing chaos on the Banking-as-a-Service (BaaS) platform has...
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...
A ruling on Thursday (13 June) by a High Court judge in London has reportedly resolved a legal dispute between JP Morgan Chase & Co. AND...
Has the FinTech sector hit rock bottom after years of skyrocketing investments? That seemed to be it feeling among some executives and investors at Money20/20 event...