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Breaking Down Square’s Latest Challenge to Traditional Banks

Breaking Down Square’s Latest Challenge to Traditional Banks

Square announced last week that the FDIC has approved its application of its banking subsidiary Square Financial Services
Former PayPal CEO Launches Digital Bank Targeting Middle-Class America

Former PayPal CEO Launches Digital Bank Targeting Middle-Class America

Bill Harris to chair One alongside CEO Brian Hamilton; launch slated for summer 2020 after successful funding round
Fee Pressure to Cost banks 5% of Revenue, Study Warns

Fee Pressure to Cost banks 5% of Revenue, Study Warns

Accenture analysis urges banks to adopt new technology to replace revenues lost from competitive and regulatory pressure
How State Farm Plans to Exit the US Banking Sector

How State Farm Plans to Exit the US Banking Sector

US Bank to take on deposit and credit card accounts, with future plans for vehicle loans and business services
The Three Banks Winning the Digital Transformation Race

The Three Banks Winning the Digital Transformation Race

With digital users set to increase rapidly in the next few years, a new study has highlighted three banks that stand to benefit the most
Behind Capital One’s Move to Enhance Online Services

Behind Capital One’s Move to Enhance Online Services

The bank is closing 37 branches and investing in a ‘tailored, personal and accessible’ service for clients
The Four Building Blocks of Crypto-Asset Success

The Four Building Blocks of Crypto-Asset Success

KPMG has published a 24-page report explaining the key steps companies must take to ensure success in the digital asset world
Details Behind Morgan Stanley’s Decision to Acquire E*Trade in $13bn Deal

Details Behind Morgan Stanley’s Decision to Acquire E*Trade in $13bn Deal

Combination will create a $3.1 trillion wealth management business when it completes later this year
Insolvent Nebraska Bank Taken Over After State Intervention

Insolvent Nebraska Bank Taken Over After State Intervention

Ericson State Bank has been taken over by Farmers and Merchants Bank after a regulatory investigation uncovered a series of lending violations
Mobile Wallets to Hit $1trn in 2020, Data Shows

Mobile Wallets to Hit $1trn in 2020, Data Shows

Use of smartphone-based point-of-sale payment methods increased by more than a third in 12 months, and will hit $2 trillion in three years’ time
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