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Credit unions should focus on digital tools, personalization and authentic storytelling to appeal to members of the increasingly influential Generation Z, credit union service organization (CUSO) Velera said in a Tuesday (Sept. 2) press release.
Compared to members of other generations, Gen Z consumers are especially interested in omnichannel engagement that lets them shift between...
U.K. digital bank Zopa says it is purchasing payments platform Rvvup.
The company said the deal, announced Monday (Sept. 1), will accelerate its retail finance services and triple the size of Zopa’s embedded finance business within two years.
“This unique offering drives multiple benefits for merchants and end consumers alike,” Zopa said in a news release. “New and existing merchants...
The on-again, off-again public listing plans of buy now, pay later giant Klarna are now officially a go.
The Swedish FinTech filed Tuesday (Sept. 2) with the Securities and Exchange Commission to list on the New York Stock Exchange, selling 34.3 million shares on a yet-to-be-determined date, with the ticker KLAR. The price range is expected to be $35 to $37 per share, which would...
Visa has launched a partnership with U.K.-based climate FinTech Ample Earth.
The collaboration is designed to incorporate sustainability data into digital banking apps and loyalty programs and help banks better segment customers and discover new ways to “engage, empower, and reward sustainability,” the companies said in a Tuesday (Sept. 2) news release.
“Transactions are a touchpoint...
Mergers and acquisitions (M...
Labor Day doesn’t just mark the end of summer, but also the return of U.S. lawmakers to Congress after the summer recess.
And for the digital asset and cryptocurrency sector, the stakes have rarely been higher. After all, for over a decade, U.S. crypto oversight has been marked less by comprehensive regulation and more by jurisdictional conflict.
This fractured landscape, combined with...
Cryptocurrency exchange Gemini aims to raise up to $316.7 million when it goes public.
The company, headed by the billionaire Winklevoss twins, Cameron and Tyler, plans to market 16.7 million shares for $17 to $19 each in its initial public offering (IPO), it said in a Tuesday (Sept. 2) filing with the Securities and Exchange Commission.
This would give Gemini a market value of a bit...
Money movement platform Thunes has expanded its partnership with digital asset infrastructure company Ripple.
This latest collaboration, announced Tuesday (Sept. 2) combines Thunes’ network with Ripple’s blockchain-powered payments solutions to allow Ripple’s enterprise customers to more easily withdraw funds in new currencies and countries to enhance their global payment capabilities...
Nobel Prize-winning economist Jean Tirole has reportedly cautioned against the improper supervision of stablecoins.
In an interview with the Financial Times (FT) published Tuesday (Sept. 2), Tirole said he was “very, very worried” about stablecoin oversight and the possibility of a run by depositors fueled by doubts about the underlying reserve assets to which the digital tokens were...
U.K.-based FinTech firms are ramping up plans to acquire American banks to boost lending abilities.
As the Financial Times noted Monday (Sept. 2) in a report on this trend, this is happening as U.S. financial regulators are showing a new openness to mergers under President Donald Trump’s administration.
Among the U.K. FinTechs considering acquisitions are Revolut and Starling. By...