Affirm buy now, pay later loans will be embedded into Apple Pay later this year
Apple device users will soon be able to tap into buy now, pay later loans from Affirm for purchases, the…
Home equity is near a record high. Tapping it may be tricky due to high interest rates
Home equity is near all-time highs. But tapping it may be tough due to high interest rates, according to financial…
Synapse bankruptcy trustee says $85 million of customer savings is missing in fintech meltdown
There is an $85 million shortfall between what partner banks of fintech middleman Synapse are holding and what depositors are…
Credit Suisse bondholders sue Switzerland in the U.S. over $17 billion writedown of AT1 debt
A group of Credit Suisse bondholders filed a lawsuit against the Swiss government, seeking full compensation over the contentious decision…
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…
