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fromFortune
1 week ago

PayPal CEO Alex Chriss says stablecoins will be key as his company navigates the 'classic innovator's dilemma' | Fortune

When PayPal launched almost three decades ago, the company made its name as one of the world's first fintechs. Now, PayPal faces a slew of competitors, from the payments colossus Stripe to Big Tech giants like Apple. "One of the challenges when you are at a certain scale and you've been around for a while is the very classic innovator's dilemma," Alex Chriss, the president and CEO of PayPal, told Fortune.
Cryptocurrency
Business
fromFortune
1 week ago

Coinbase just announced stock trading and new Kalshi-based prediction markets | Fortune

Coinbase will offer stock trading and prediction markets through Kalshi, expand into broader financial services, and directly compete with fintech firms like Robinhood.
Miscellaneous
fromComputerWeekly.com
1 month ago

Tech central to swingeing job cuts at ABN Amro | Computer Weekly

ABN Amro will remove 5,200 roles (nearly a quarter of staff) by 2028, using IT, AI, APIs and process simplification to digitise operations and reduce costs.
Canada news
fromwww.cbc.ca
1 month ago

Questrade secures approval to launch a bank in Canada | CBC News

Questrade received OSFI approval to launch Questbank, a Schedule I domestic bank in Canada, expanding its services and competing with major banks and fintechs.
fromBusiness Insider
3 months ago

Robinhood CEO shares how he's better-positioned than big banks - and where he struggles

access to traditional checking and savings accounts with luxury benefits,
Startup companies
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Privacy professionals
fromwww.housingwire.com
4 months ago

Open banking under pressure: What new data access models could mean for mortgage verification

Open banking empowers consumer-controlled data access, but evolving access policies and infrastructure costs risk fees or restrictions that could hinder fintechs and mortgage verification processes.
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