Cryptocurrencies could eliminate banking's easiest moneymaker

If the measure of a currency's importance is how much it's used to actually buy and sell things, digital currencies like Bitcoin and Ethereum have barely gotten off the ground. And Facebook's proposed entry, Libra, has run ...

When should banks chase debts? New method could help them decide

Like Kenny Rogers' gambler, who has to "know when to hold 'em, know when to fold 'em," banks face financial risks and uncertainty when deciding when to chase consumers who default on their credit card payments and when to ...

Facebook picks London for WhatsApp payment base

Facebook has chosen London as its base for a payment system on WhatsApp, its mobile messaging service confirmed Wednesday, highlighting the capital's attractiveness as a fintech hub despite Brexit strains.

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