Goldman-backed Starling says no plans to pursue EU bank license, expansion to come from software
AMSTERDAM — Digital bank Starling will not re-apply for a European Union banking license and instead pursue international expansion through…
The best banks in the Asia-Pacific region, according to customers
SINGAPORE — Customers in Asia-Pacific have picked their favorite banks as lenders scramble to meet consumer expectations in a fast-changing…
The SBA is unveiling new credit lines of up to $5 million to fund small businesses
The U.S. Small Business Administration plans to unveil new government-backed credit lines of up to $5 million for small businesses,…
U.S. ignored evidence major U.K. bank was helping fund sanctioned Iranian groups, whistleblower says
Recent documents submitted to a U.S. federal court allege that major British bank Standard Chartered helped finance sanctioned Iranian entities…
Bunq, the $1.8 billion European neobank, hopes to secure license for UK expansion this year
PARIS — Dutch digital bank Bunq is hoping it will manage to secure a banking license from U.K. financial regulators…
Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’
When Adam Moelis co-founded a fintech startup named Yotta in 2019, he wanted to give Americans a new way to…
Bank of America CEO says U.S. consumers and businesses have turned cautious on spending
U.S. consumers and businesses alike have turned cautious about spending this year because of elevated inflation and interest rates, according…
UBS overhauls wealth management leadership in wider board shake-up
LONDON — UBS on Thursday announced a shake-up of its executive board in the latest phase of a radical overhaul…
Cash discounts, while still rare, are up over 60% from 2015. Here’s how much you can save
Sometimes, it pays to pay with cash. More merchants are offering a lower price to customers who use cash…
Fintech nightmare: ‘I have nearly $38,000 tied up’ after Synapse bankruptcy
A dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access…
