Thirty large companies across tech and finance verticals announced the formation of an organization that will create a standard version...

Empower, the third largest record keeper by DC assets, is sending notices to its plan sponsors that it does not intend to be plan...

Pymnts.com describes the latest SilverLake round as an opportunistic one, with the SF based online lender likely to pursue Aussie...

The new program, COIN, uses advanced machine learning to do the mind-numbing job of interpreting commercial loan agreements in mere...

Matty Simmons helped pioneer the credit card back in 1950 with the Diners Club, whereby members would go to New York restaurants and pay...

It's tough trying to build a bank. After 6yrs of trying to "break banks" Brett King's Moven only manage to open 60,000 accounts. He's...

George Levine pioneered the electrification of the financial markets with a terminal that brought real-time stock bids to Wall Street in...

Coinbase, Betterment, Transferwise and Prosper are a few of the names from the 10,000+ firms effected by the bug at the large ISP. The...

In a recent interview Bill Gates has gone on record to express his opinion that robots and incoming artificial intelligence to businesses...

Monzo raised £13M from Thrive Capital, £5 M from Passion Capital, and £1.5M from Orange Digital Ventures, the venture arm of telco Orange.

NEX Group, (formerly Icap), invested in a RSRCHXchange, a London-based startup that runs an online marketplace for research on stocks,...

A tremendous read for any entrepreneur from Tren Griffin's blog. As Reid Hoffman notes, “Product/market fit requires you to figure out...

Amazon's vision is to use the expertise and lessons learned from customers and the thousands of engineers focused on AI at Amazon to put...

During Q12017 earnings call, Apple CEO Tim Cook noted that Apple Pay's volume was up over 500% compared to last year. With Apple Pay now...

Insurance companies think smartphone distraction is driving up accident rates to the point where the connection between the two is...

Portfolio company Quovo's bank authorization coverage has expanded tenfold in just a few months since its launch.

Portfolio company Artivest has announced a strategic partnership with wealth advisory firm Snowden Lane Partners. Through this venture,...

Berlin based credit scoring startup Bonify has raised €5.5m in Series A funding led by Mosaic Ventures and Ribbit Capital. Bonify is a...

Tokyo based stock trading app provider One Tap Buy has raised $13.3m in venture funding from Mizuho Capital, Mobile Internet Capital,...

Berlin based online bitcoin lender BitBond has raised $1.2m in venture funding led by Sekip Can Gokalp. BitBond is the first global...

Sydney based small business online lender Prospa has raised AU$25m in Series B funding led by AirTree Ventures. The funds will be used...

Korea based fintech arm of messaging giant Kakao, Kakao Pay has received $200m in private equity investment from Alibaba affiliate Ant...

Bangkok based fintech/human resources startup MoneyTable has raised $1.5m in Series Seed funding led by K2 Venture Capital and Kejora...

Los Angeles based mobile micro-loan startup Tala has raised $30m led by IVP.

Tesla has begun offering consumers in Asia a package that includes insurance and maintenance - with one all-in price.  They plan to...

Creditas specializes in innovative credit scoring and asset-backed loans to drive down APRs.  Borrowers in Brazil pay an average of...

Nineteen banks, including BofA, Chase, Citi, and Wells, have teamed up to roll-out and support Zelle, a peer-to-peer payment app that...

The international money transfer service will let users use the popular social media messaging service to send money and create...

Bank of Tokyo-Mitsubishi UFJ (MUFG), is reportedly running a proof of concept to digitize the paper check in Singapore using...

Bloomberg provides a dark, detailed look at why many employees may never be able to retire.  Two-thirds of all Americans don’t...

OKCoin recently announced the suspension of bitcoin withdrawals from its exchange in order to improve AML practices, and other Chinese...

AutoGravity an auto-financing platform based in Irving California has secured an unspecified investment from Daimler Financial Services,...

New York based commercial real estate fintech company CrediFi has raised $13m in Series B funding led by Liberty Interactive's Liberty...

While American consumers cling to plastic Chinese mobile payments grew to almost 50 times greater than those in the US in 2016. China’s...

The "Trump Bump" has rekindled interest building a bank from scratch with the The FDIC evaluating 6 applications for bank charters from 5...

Online lender SoFi is nearing a deal to raise $500M in fresh funds from an investor group led by private-equity firm Silver Lake. The new...

OnDeck Capital shares fell as much as 24% on Thursday after the online lender clocked-up record levels of loans under management and...

In a 10-K filing summarizing performance throughout 2016, Amazon did something that drew the attention of Wall Street analysts. It...

The number of deals in European fintech rose 11% to 179 in 2016, compared to a 1% global drop (according CBInsights). Germany and the UK...

Have we hit peak #blockchain #insuretech? kevinsured.com is an "open blockchain balance sheet that provides micro-insurance for people...

JP Morgan led the round in OpenFin and although the startup claims to have no direct competitors, Electron claims to also provide a...

Beepi an online marketplace for used cars is inching toward winding down its business after blowing through $150 million in venture...

Compared to developed markets, insurance penetration in China is lagging. In this report, Oliver Wyman aims to illustrate the size,...

Amazon is rumored to have an interest in acquiring Capital One.  The acquisition would enable cost savings by owning a greater...

Though early forays into payments were muted, the tech giants may demonstrate an increasing interest in financial services.  To that...

Berlin based API-accessible banking platform SolarisBank has raised €30m in Series B funding led by Index Ventures. The company will use...

Los Angeles based payment tracking platform Exactuals has raised $10.6m in Series B funding only one week after announcing a separate...

London and Copenhagen based company expense startup Pleo has raised a second Series Seed funding of $3.25m led by Creandum amongst other...

Japanese cryptocurrency trading platform bitFlyer has raised $1.75m in venture funding from Mizuho Financial Group and Sumitomo Mitsui...

London based fintech app development platform TrueLayer has raised $1.3m in Series Seed funding led by Connect Ventures. The company is...

Uber has initiated a program whereby long-time employees can sell as much as 10 percent of their shares back to the company.  The...

This investment by Blackstone will allow Cloudreach to continue to expand their geographic reach and further automate and expand their...

Singapore's Monetary Authority is planning to ease regulations and capital requirements for VC managers in order to spur growth in...

By buying Fortress, SoftBank gains a team that could help it find and structure deals, as well as an asset-management back office...

SVB released their 8th annual Startup Outlook report this week. Findings include tech startups seeing a bright future, as a growing...

After his business was robbed 5 times in 3 months, the owner of a coffee shop in Baltimore decided to stop taking cash. What happened...

Mike Krieger, Instagram co-founder, is on the hunt for “recovering quants” as he plans to double the firms engineering staff in New York...

California based online payments giant Paypal has agreed to acquire Canadian payment management company TIO Networks for $233 million....

Japanese telecommunication and finance conglomerate SoftBank is set to purchase American private equity giant Fortress Investment Group....

Octane Lending is featured in this article exploring how the company identified a gap in near-prime lending for powersports and developed...

Hired has published their 2017 annual report on the Global State of Tech Salaries. A key takeaway from this year's report illustrated...

Singapore based ride sharing app Grab is set to announce its acquisition of Indonesia based online payment app Kudo in Grab's first major...

Despite the humorous aspects of Sean Spicer's recent Venmo trolling, the security of the payment app has been called into question....

New York based payment and social app Venmo has made headlines recently thanks to people taking advantage of the platform's social...

Australia based blockchain initiative Chronobank.io has received $4m in cryptocurrency crowdfunding with a week remaining in its funding...

NYC based technology driven mortgage bank Better Mortgage has raised $15m in Series B funding from backers Goldman Sachs, Perkins...

Los Angeles based online lender Float has raised $3m in Angel Funding from backers Camp One Ventures, Funders Club and 500 startups....

Cork, Ireland based financial services startup Global Shares has received €4.5m in Venture Funding led by technology guru Pearse Mee....

The Central Organization of Finnish Trade Unions (SAK) has spoke out against the Finnish government's basic income experiment. Since...

RD Legal funding has come under fire for allegedly using deceptive tactics to get 9/11 responders to enter into costly advances on...

Holland based payment processing startup Ayden has seen an 80% growth in payment volumes from 2015 to 2016 totaling at $90 billion. Ayden...

Since 2000, Goldman Sach's New York headquarters has reduced their number of equity traders from 600 to just 2 thanks to the growing...

Ant Financial Services Group, China's highest valued online finance company and affiliate of Alibaba Group is currently in talks to raise...

The People's Bank of China (PBoC) met with nine bitcoin exchanges on Thursday and instructed them to abide strictly with regulations...

The EU's securities watchdog said that no specific EU rules are needed to regulate blockchain for the time being given the sector's still...

For decades, computers have got smaller and more powerful, enabling huge scientific progress. But this can’t go on for ever - in fact the...

According to Morgan Stanley the biggest banks in the US are now sitting on more than $120bn of “excess” equity capital. Lloyd Blankfein,...

The weakened health-benefits broker’s will now have 500 employees which is roughly 70% of the 1,600 employees it had in September 2015.

White-label digital advice and financial planning platform Marstone has announced a partnership with financial technology solutions...

Belgium based fintech services startup BankUP has announced plans to launch its product in Q4 of this year. BankUP will provide services...

The advancement of technology has had profound impacts on almost every global industry in recent years including the insurance sector....

Google has announced a release candidate for a fully functioning version 1.0 of its open source deep learning framework TensorFlow. The...

Andreessen Horowitz has release a short film delving into the modern landscape of China's mobile-driven markets and what the future of...

On Tuesday GOP Rep. Mike Rogers announced legislation that plans to charge a 2% tax on remittances from Americans to Mexico and other...

Benzina interviews Dee Choubey, CEO of portfolio company MoneyLion, about how the platform is empowering consumers to improve financial...

Payfit, the French payroll startup, is integrating with Alan, the French health insurance startup, to provide an integrated benefits...

Bangalore, India based online lender Capital Float has raised $2.53m in Series C funding led by IFMR Capital. Founded in 2013, Capital...

Tokyo based mobile payments startup Coiney has announced $7.1m in Series B funding from investors Innovation Network Corporation of...

Kansas based robo advisor has raised $9.2m in Series B financing from QED, Commerce Ventures, Allianz, and other strategic investors.  

Wealth management firms have spent over a year and millions of dollars preparing to comply with the DOL regulation.  Now that the...

Klarna's latest acquisition comes at is looking to build out a stronger presence across Europe in payments.  On the other hand,...

The memo directs the Secretary of Labor (not yet appointed) to examine the DOL's proposed "Fiduciary Rule" - which requires financial...

Recent research indicates that usage of paper checks for B2B payments may have increased slightly in 2016.   A key impediment is the...

TradeBlock is pleased to announce the launch of the ECX Index, an institutional-quality reference rate for the USD-denominated price of...

Start-ups argue that Section 1033, which is a mere 1 page in the 849 page Dodd-Frank Act, preserves their right to pull data from...

Durham, UK based app-only bank Atom Bank has raised £100m in equity financing from previous investors including Toscafund and BBVA. Atom...

London based online mortgage broker Trussle has secured £4.5m in venture funding from Orange Growth Capital. The company intends to use...

Tokyo based small business lender Credit engine has secured $970k in Series Seed funding from 500 Startups and Freebit Investment. Credit...

Paris based robo advisor startup Yomoni has gained $5.4m in venture funding from previous investors Credit Mutuel Arkea and Iena...

Toronto based robo-advisor Wealthsimple has raised $15.25m in Series B funding led by Power Financial Corp. Wealthsimple’s national...

Tokyo Stock Exchange operator Japan Exchange Group Inc (JPX) announced that it has invested in UK-based fintech startup OpenGamma, taking...

To clean up a murky business, regulators have in effect killed off sell-side research by forcing fund managers to provide a clear budget...

London’s insurance industry has engaged in its latest “war game” - A cyber attack that cuts power to 93m people, a stock market crash of...

Money Magazine put John Oliver on its cover last month, declaring him the year’s “Money Champion.” and Gary Shedlin, the CFO of BlackRock...

Driven by weakness in the Mexican peso, dollars flowing into Mexico jumped 25% in November from a year prior, the fastest growth rate in...

A growing number of Banks and Credit Unions have begun to serve legal pot businesses taking note of the boom in sales ($6.7 billion in...

Fed finds continued growth in noncash payments and a fall in check payments between 2012 and 2015.The study (link here), which is...

While most large technology companies have issues stern condemnation of Trump's travel ban, the response among the largest financial...

Calling it his patented "disaster," Trump is focusing on the difficulty of small businesses to get necessary funding.  We will have...

RCM integrates regulatory content from Thomson Reuters and third party platforms, mapping this data directly into firms' internal...

By the end of 2017, the firm's 7,100 advisers will have access to "Connected Advisor" which will integrate with the independent...

London based online mortgage platform has raised £5.5m Series A funding from Ribbit and Mosaic Ventures.  Habito's service has been...

Sastry Durvasula, SVP of Technology, responsible for leading enterprise-wide big data, blockchain, digital payments and partnerships will...

Israel based financial pricing startup Earnix has raised $13.5m in venture funding led by previous investors Jerusalem Venture Partners...

European online lender Spotcap's Australian division has received a $20m debt facility from Heartland Bank. The funding aims to help...

New York based litigation finance startup Litify has secured $5m in venture funding from Fortress Investment Group LLC. Litify's software...

Zenbanx offers mobile accounts in the U.S. and Canada that let people save, send and spend money in multiple currencies.  After...

Cheshire, UK based lender Together Money has received a £90m funding facility financed by the private capital arm of Goldman Sachs. The...

Auckland, New Zealand based online payments company Latitude Technologies has secured $3m in Series A funding for its LatiPay brand, led...