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PayPal banks on white labelled services as Apple eats its lunch

PayPal’s CEO Dan Schulman said white labelled payments processing is a “strategic imperative” for the payments company – and it will “primarily focus on enabling unbranded processing” moving forwards. The move will also give it richer datasets from merchants as it expands, which PayPal can in turn use to power

This retail bank has drawn a huge flurry of new users. Here’s why.

The retail banking market has heated up hugely in the UK in recent years, with the rise of digital-native banks like Monzo and Starling winning awards and customers – over seven million, three million respectively.) They hit the market with minimal technology debt, having built new stacks from the ground up,

Amid a fintech onslaught, attrition, Western Union tests new POS, digital services

A huge 40% of all customers don't return “due to pricing, transaction time, or poor customer..."

Federal Reserve's damning Silicon Valley Bank post-mortem cites "textbook case"...

Fed says warns tech may have changed the pace of bank runs, points to "textbook" mismanagement

JPMorgan CEO: 300 AI use cases in production, 550PB needs replatforming for cloud

$14 billion in annual technology spend...

Silicon Valley Bank fails: Regulators step in

Goodnight, sweet prince.

Klarna losses hit $1 billion but CEO is merrily optimistic

Eyes profitability by summer 2023...

Starling Bank CEO aims fire at "tech bros", to quadruple pre-tax profits

Anne Boden aims fire at "tech bros"

Lloyds hires ING CTO, ramps up Google Cloud. OpenShift hiring

Lloyds has hired ING CTO Ron van Kemenade as COO. Starting June 2023 he will lead a new technology and data strategy at Britain’s biggest domestic bank, under new CEO Charlie Nunn – who joined from HSBC in 2021. The hire comes as Lloyds said that it is exploring the

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