The FinTech IPO Index rose 2.2% this week, as a series 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 it’s only getting worse. Following a “cease and desist” order. released to the bank on June...
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...
Cryptocurrency exchange BitoGroup AND Banker of the Far East International Bank have teamed up to launch a dedicated “crypto-friendly bank account”. With this collaboration between the...
As we recently reported, credit unions (CUs) are aggressive marketing towards Gen Z consumers. 95% of them are focused on getting Gen Z to join their...
Band plans to allow employees to cash out some of their shares, as it has done twice before. John CollisonStripe co-founder said the company did it...
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...
