A digital currency firm has been accused of recruiting actors to pretend to be Comerica and Mastercard employees, writing a fake prospectus and taking other steps to make it look like the two U.S. companies were its partners in an investment venture. ... Read full article
In a study of 27 global markets, the U.S. ranked near the bottom for consumer use of fintech, raising questions about why Americans appear reluctant to dive in. ... Read full article
Pangea says it is developing a digital account after customers complained that the bank relationship they had wasn't "for them." ... Read full article
Credit Karma has agreed to buy a credit reporting company that TransUnion initially sought to develop as the fintech's British equivalent. ... Read full article
One U.K. fintech hopes its cryptocurrency-based prepaid debit card will gain traction with bitcoin and ether enthusiasts here. ... Read full article
The payments company released a platform made up of nine B2B networks and powered by Microsoft’s Azure. ... Read full article
The bank's $7 million over four years toward the initiative is its largest overseas philanthropic commitment. ... Read full article
Canada's big banks are pursuing wholesale banking, capital markets and select M&A opportunities across the border to hedge against a slowing mortgage market and other economic concerns on the home front. ... Read full article
Andreas Dombret, the top banking regulator in Germany, said that international standards need to be vigorously enforced and implemented. ... Read full article
Citigroup CEO Michael Corbat stuck up for his embattled retail unit in Mexico, downplaying concerns that protectionist White House policies may harm the subsidiary or the overall company's global strategy. ... Read full article
Citigroup agreed to pay a penalty of almost $5.4 million to settle a South African antitrust investigation that said it participated in an alleged cartel to manipulate the value of the rand. ... Read full article
Bloomberg News conducted interviews and reviewed public statements to discover what each major bank is now planning in the wake of Brewxit. ... Read full article
