fintech

China’s Ant Group is about to make the largest sale of shares ever but it poses a major conundrum: what type of firm is it – a tech giant or a financial colossus? That issue is important to be clarified before and after the initial…

Governments are injecting record levels of new money into economies to contain the impact of shutdowns. Restrictions imposed on people in countries all over the world have forced many to look for alternative but safe ways of transacting.…

In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services…

Plaid plans to remain an independent business unit, but will "lean" on the Visa brand, resources and international footprint. "We were very impressed by the Visa team from the minute they approached us," Plaid CEO and co-founder Zach Perret…

The U.S. Securities and Exchange Commission (SEC) has reached a settlement with fintech firm Longfin’s CEO, Venkata S. Meenavalli, on charges of fraud. According to an SEC press release Friday, Meenavalli has agreed to pay $400,000 in…

Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a…