North America

Klarna to launch on Google Pay 

Klarna, the AI powered global payments network and shopping assistant, will soon be available on Google Pay. Starting next year, Google Pay users in the US can choose Klarna’s interest-free payment options at checkout.   Sebastian Siemiatkowski, CEO o...

Chime submits comment to joint banking regulators’ request for information on bank-FinTech partnerships  

Chime, a global FinTech company, has recently submitted a comment letter in response to a Request for Information from federal banking regulators in the US on the topic of bank-FinTech partnerships. Sharing more about the business and how it is working on...

Intrepid Credit Union partners with Alkami to launch new digital banking platform 

Alkami Technology, a leading cloud-based digital banking solutions provider for financial institutions in the US, has announced that it has partnered with Intrepid Credit Union to launch Alkami’s Digital Banking Platform designed to offer members an...

Navigating the lending boom: How US banks can leverage AI to manage new risks 

Prior to his consultancy career, Yerbol Orynbayev served as the Deputy Prime Minister of Kazakhstan from 2007-2013 and Aide to the President on economic policy from 2013-2015. In this article, Orynbayev discusses the recent Fed rate cut, its potential...

AI patents at Bank of America increase 94% since 2022

Company’s patent portfolio includes nearly 1,100 AI and machine learning patents. Bank of America is dedicated to the use of innovative technology to best meet the needs of its clients and employees. This commitment to innovation has led to a 94% increase in...

Globant acquires Blankfactor and strengthens payments, banking and capital markets practice in the US

Globant has entered into a definitive agreement to acquire Blankfactor, a US-based IT services consultancy specializing in payments, banking, and capital markets, with a successful track record in the financial services industry and extensive experience in...

The gender gap and women in finance in the US: Challenges, corporate responses and technological solutions

The gender gap in the finance industry is a persistent issue in the United States, reflecting broader societal challenges around gender equality. Despite progress over recent decades, women in finance continue to face significant barriers in terms of...

Schwab survey reveals that Americans think it takes US$2.5 million to be considered wealthy in 2024

Charles Schwab has released additional findings from its 2024 Modern Wealth Survey. Since 2017, Schwab has collected data annually on Americans’ perspectives on saving, spending, investing and wealth. This year’s study reveals that Americans now think it tak...

Bread Financial announces new program with HP 

HP has announced new, comprehensive US consumer financing options for HP products purchased on HP.com.  By leveraging ChargeAfter’s technology and collaborating with three leading financial providers – Bread Financial, Concora Credit and Koalafi – HP can now of...

PayPal expands strategic partnership with Adyen to offer Fastlane in the US

PayPal has announced the strengthening of its global strategic partnership with Adyen, the global financial technology platform of choice for leading businesses. Within the expanded partnership, Adyen will offer Fastlane by PayPal to accelerate guest...

Canadian SMEs optimistic about growth despite technical skills challenges

PayPal’s 2024 Business of Change Report uncovers the growth barriers Canadian small and medium enterprises are facing and the potential opportunities that exist with operating online. While nearly half (47%) of all Canadian online small and medium...

The process of hyper-regulation in asset management has sped up

We hear from José Fernando Martínez, Chief Compliance Officer at MAPFRE AM. He discusses the rise in regulation in the asset management industry over the past 26 years, the same number of years he’s been working at MAPFRE AM. In fact, he notes that there’s been ...