Payments

The government called the companies’ decision to halt their combination “a victory for American consumers and small businesses.”

Now that the U.S. is five months into the COVID crisis a new victim is emerging. Caught between small businesses furloughing their staff landlords needing to collect rent are millions of hourly workers.

Our second monthly survey found a smooth transition to remote work and digital customer access channels — but technology issues still arose. The pandemic has highlighted the importance of having a strong digital presence across all retail sectors, including financial services.

The acquisition would give SoFi control of a technology platform that is currently used by some of its competitors in digital banking.

Consideration of whether each job can be done remotely is part of Payrailz's holistic approach to developing its workforce. Currently, about two-thirds of the staff works remotely.

Companies that scored highest in this year’s Best Fintechs to Work For (a ranking compiled by our parent company, Arizent) go beyond the basics of strong pay packages, generous benefits and effective leadership to take a more holistic interest in their employees’ lives, according to the data.

The firm has argued that a demand for emails and other records by the agency earlier this year was unduly burdensome.

Apple's massive user base, fully digital enrollment system, merchant reach and partnership with Goldman Sachs threaten retail banks on multiple fronts.

The Advice & Wealth Management segment added 72 experienced advisors who affiliated in the second quarter.

The move, reported by The Wall Street Journal, could be part of a deeper foray into co-branded cards by Goldman, which has been expanding into consumer finance through its Marcus unit.