Could Backbase’s new banking platform really help incumbents compete with new...
Challenger banks and huge tech titans threaten to take traditional banks' share of the market. Now Backbase believes it might have a solution.
New Financial Stability Board report warns that big tech stepping into...
Tech titans could end up dominating the FinTech space if left unchecked, a new report from the Financial Stability Board (FSB) warns.
Libra faces another setback as EU’s finance ministers take hard line...
Libra has faced pushback from lawmakers across the world ever since Facebook announced the cryptocurrency project this summer.
Social media platform TikTok taps into social commerce
TikTok, the social media platform famous for its short video snippets, is opening up the network to e-commerce.
Facebook introduces new payment service Facebook Pay
Social media giant Facebook is strengthening its push into the FinTech space by announcing the launch of Facebook Pay, a new way to shop, donate and transfer cash across Facebook, Messenger, Instagram and WhatsApp.
The US congress is gearing up to vote on new cryptocurrency...
The House of Representatives is looking to vote on legislation about how the Commodity Futures Trading Commission (CFTC) should regulate crypto asse
Square has sold food delivery service Caviar to DoorDash for $410m
Payment process platform Square has sold Caviar, the food delivery service, to DoorDash, the meal delivery company.
Germany’s banks lash out against Libra whilst pushing for a digital...
Could a digital euro be a better alternative to Libra? A leading group of German banks thinks so. The Association of German Banks (Bankenverband) made...
Facebook is accused of discriminating against female financial services consumers
Mark Zuckerberg’s legal woes do not seem limited to getting regulators to approve of Libra, but now Facebook is facing accusations of discriminating against women and old consumers.
Facebook to sue cybersecurity company after alleged hack on WhatsApp
Facebook is reportedly suing cybersecurity company NSO Group, claiming the company hacked WhatsApp users earlier in 2019.