SoFi is on the verge of closing a $500 million funding round led by private equity firm Silver Lake Partners that would value the online lender at $4.3 billion, according to Bloomberg.
Hong Kong-based social trading startup 8 Securities has launched a mobile-only robo-adisory service targeting the millennial generation that constructs portfolios with exchange traded funds (ETFs) listed on the Tokyo Stock Exchange (TSE).
Shoppers will soon be able to pay for items directly from the fitting room by tapping their NFC-equipped mobile phones at a virtual checkout located on a contactless mirror developed by San Francisco innovation outfit Oak Labs.
Standard Chartered has aligned its cash management offering with WeChat's online payment gateway, giving corporate merchant customers access to 800 million consumers in China.
Registration has opened for EBAday 2017, Europe's pre-eminent payments conference and exhibition, which will be staged this year in Dublin.
The life insurance arm of Nordea Bank is partnering with local startup Spiff on the development of a smart social savings app.
Chase is gearing up to launch a digital self-service mortgage platform that lets customers track their loan applications to closing entirely online or from their mobile phones.
IBM has struck a deal with Visa which will give all of Big Blue's Watson IoT platform customers access to the card giant's payment services, potentially turning billions of cars, fridges, sneakers and other connected devices into points of sale.
UK bank NatWest has launched a digital platform that lets small and medium sized businesses quickly apply for and obtain unsecured loans of up to £150,000.
New Jaguar owners can now use their car’s touchscreen to pay for fuel at Shell service stations in the UK using PayPal or Apple Pay.
© Finextra Research 2017