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The Future Of Money

A hub of the latest news, tools and innovations in fintech

GRAPHIC Digital finance

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Accenture sees 'secular downward' trend in bank fees

Bank's services fees face "secular downward" pressure in the long run, which will drive lenders back toward credit transactions whose margins are resilient to competition and new technologies, a senior executive at management consultants Accenture Plc said.

Mike Cagney, CEO, Chairman and co-founder of SoFi, speaks during the...

SoFi CEO Cagney to step down immediately

Online lender Social Finance, which is currently investigating claims of sexual harassment by employees, said on Friday its chief executive, Mike Cagney resigned, effectively immediately.

FILE PHOTO: Illustration photo of Cryptocurrencies on a website

Cryptocurrency chaos as China cracks down on ICOs

China's move last week to ban initial coin offerings (ICO) has caused chaos among start-ups looking to raise money through the novel fund-raising scheme, prompting halts, about-turns and re-thinks.