From americanbanker.com
Challenges fintechs face when they become banks
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Fintechs that want to acquire bank charters face multiple obstacles, from increased regulatory scrutiny to stiff competition from established banks.
on Wed, 7PM
From americanbanker.com
How stablecoins shake up the financial 'super app' battle
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PayPal and Circle are among the companies pushing the rapidly growing payment-friendly cryptocurrency as a catalyst to use other services.
#banking #finserv #fintech #paytech #payments #stablecoins
3h ago
From americanbanker.com
Why adding BaaS partners is no easy task for fintechs
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As the banking-as-a-service model has evolved over the last decade amid widespread consent orders and BaaS partnership failures, the number of sponsor banks has dwindled, leaving fintechs to compete for the business of those that remain.
#baas #banking #finserv #fintech
1h ago
From americanbanker.com
LendingClub's profits get hit by macroeconomic uncertainty
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The online consumer lender beat revenue expectations in the first quarter, but its net income was dragged down by larger provisions that the company attributed to tariff "uncertainty."
on Wed, 8PM
From americanbanker.com
Bankers pessimistic about economy due to tariffs, rate risks
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A new survey conducted by IntraFi found that nearly three-quarters of bank executives say a recession is here or imminent, and tariffs now rank among their top three economic concerns.
4h ago
From ciodive.com
Big banks ramp up AI hiring as gains materialize
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JPMorgan Chase, Wells Fargo and Citigroup led the talent recruitment charge over the last six months, according to Evident Insights research.
#ai #banking #finserv #fintech
5h ago
From paymentsdive.com
PayPal targets European branded service growth
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The payments pioneer is betting buy now, pay later and a better app experience will trigger growth in Germany and the U.K., its biggest European markets.
#bnpl #banking #finserv #fintech #paytech #payments
23h ago
From americanbanker.com
Visa: Spending 'resilient' despite travel slump
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The card processor came up short on expected profits but hit analysts' estimates on revenue in the second quarter of its fiscal 2025. CEO Ryan McInerney said growth in payments volume, cross-border volume and processed transactions were strong even in the face of shaky economic conditions.
#banking #finserv #fintech #paytech #payments
23h ago
From bankingdive.com
Citizens CFO heads to State Street
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Brendan Coughlin, meanwhile, was named Citizens' president. John Woods' exit from the bank appears to solidify Coughlin's status as a potential CEO successor.
4h ago
From bankingdive.com
The ‘joiner’ era of bank M&A has begun
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In less than two weeks since the Capital One-Discover deal received sign-off, Columbia, Eastern and Cadence Bank have all announced deals. So have a host of smaller institutions.
2h ago