Mercury said it simply outgrew the relationship. Evolve said it's kicking high-risk end users out of its program and as a ...

Yet another bank-led fintech venture has shut down within a year of its launch. HSBC’s Zing, a payments app, failed to gain ...

By 2022, Capitolis had grown revenue by 10x over three years. That March, the company hit unicorn status, securing a $110 million Series D at a $1.6 billion valuation. The funding round was led by ...

Finwise Bancorp believes a new plan to hold more of the fintech loans it originates on its balance sheet will boost profits ...

Imprint’s cloud-based ledger system allows retailers to micro-target rewards. Does it have a shot against big branded-card ...

Strategic alliances between payment platforms and financial institutions are crucial for providing global payment coverage to ...

Once adversaries, U.S. banks have found a surprising ally in the Consumer Financial Protection Bureau (CFPB). Despite years ...

Banks need to enter the market. Regulatory uncertainty, concerns over volatility, and the perceived risks associated with digital assets have kept banks on the sidelines.

Fintech company Mercury Technologies Inc. said it is cutting ties with longtime banking partner Evolve Bancorp Inc. The decision comes after a slate of operational issues at the bank unfolded in ...

Financial technology — or fintech — companies will continue to receive increased regulatory scrutiny in 2025. The latter half of 2024 saw a rise ...

Raisin, a savings and investment Fintech, has launched in Finland. Raisin allows users, including individuals and client ...

State Bank of India, the country’s largest lender, is setting up a unit to manage project financing solutions for “new age ...