Square

EBay's Apple, Square pacts could strangle community banks

07/24/18

With just two partnerships, eBay is cutting off a big opportunity for community banks.

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Square's many flirtations with banking

07/11/18

The mobile point of sale pioneer Square has done much to expand its product range to stay competitive, and a few of those efforts have made the company more of a direct threat to banks.

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The 'tyranny of success'; Wells to revamp wealth unit

06/19/18

Morgan Stanley CEO, New York Fed chief caution against failing to remember what caused the financial crisis; Wells Fargo may combine its two big wealth management businesses.

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California may force online business lenders to disclose rates

06/12/18

First-of-its-kind legislation seeks to tame the largely unregulated world of online small-business lending. It has drawn bipartisan support from lawmakers, but so far has failed to satisfy either the industry or its critics.

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Wells Fargo simplifies payments pricing to compete with Square

06/12/18

The changes are designed to remove the complex set of fees that could vary from one mercant to another.

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Square's Dorsey is all in on bitcoin as currency of the future

05/16/18

Jack Dorsey, speaking to a crowd of cryptocurrency enthusiasts, showed he was completely in sync with their view that digital currencies are the way of the future.

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AIG earnings decline; Goldman to open bitcoin trading unit

05/03/18

MetLife and Prudential exceed expectations; cybercurrency desk will trade contracts linked to the digital currency’s value.

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Fintechs’ charter hopes may lie with new FDIC board

02/26/18

A decision by the Federal Deposit Insurance Corp. — soon to be under new management — on Square’s ILC application could foreshadow how other fintech firms seek banking powers.

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10 financial services players to watch in 2018

12/12/17

Some are in new roles or replacing legends, others are embracing new strategies or eyeing big deals and at least one is currently out of banking — but could soon resurface. Here are the industry executives to keep an eye on in 2018.

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Ex-OCC chief says bank holding companies may be obsolete

11/28/17

On his last day at the agency, Keith Noreika called for scaling back the Bank Holding Company Act, arguing that it burdens banks with duplicative regulation and restricts their economic potential.

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