As fintech eats into profits, big banks fight back in Washington
Deep in Jamie Dimon’s 66-page letter to JPMorgan shareholders last year lies a chart: 11 ways being a bank is costlier than being a...
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Capital One testing buy-now, pay-later option to battle Affirm
The company will begin beta testing the product with some of its existing customers at select merchants later this year, CEO Richard...
Upstart peer-to-peer crypto exchanges take aim at Coinbase
Coinbase Global Inc is facing competition from a new breed of upstarts that look less like the New York Stock Exchange and more like...
LatAm’s fintech lenders seek new models amid growing competition
Latin America’s lending fintechs are looking to add new services and functions for clients, as competition in the vertical increases.
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Latin America’s lending fintechs are offering additional financial products in a bid to stand out in a market that is increasingly...…
Pix takes off in Brazil, bringing opportunity and competition
Brazilian banks and fintechs are taking advantage of the new instant payments system to integrate transactions frictionlessly into...
Zurich Insurance nears $4b deal for MetLife property and casualty (P&C) insurance unit
The deal, executed through its Farmers Group Inc subsidiary, would expand Zurich Insurance’s P&C business, as the industry grapples...
PayPal takes aim at Klarna with ‘Pay in 3’ service for UK shoppers
PayPal is launching a “buy now, pay later” service in the U.K. that lets shoppers finance their purchases over three interest-free...
Google partners with VCs to host its own machine learning startup competition
Google has announced that it will launch a machine learning competition for its own startups. Google will partner with seven different...
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