Subscribe to Bull Sheet for no-nonsense daily analysis on what’s happening in the markets, delivered free to your inbox. U.S. banks had only a few weeks’ experience with the full-blown pandemic when they last tried to forecast how bad things would get. Now, they’re about to reveal what...

At Fortune, we’ve recently highlighted the structural barriers to wealth arrayed against African-Americans and other minority groups, and efforts to address them. We’ve delved into mortgages, banking access, and the limits of technology in addressing racism (and meanwhile, how the overwhelming...

Incumbent Banks and financial technology startups (Fintechs) face very different challenges as they navigate the COVID-19 crisis. Despite sharing customers and offering similar products, their business models, how they operate, their balance sheets and culture vary tremendously. Each one of these...

In a world mired in the chaos brought about by the COVID-19 pandemic, a transition to a more digital way of life seems to be inevitable in many aspects of life, not least the banking and financial services sectors. In fact, a digital banking revolution is already underway in many countries across...

Samsung didn’t wait long to unveil its take on a debit card. The tech giant has introduced Samsung Money, a SoFi-powered “money management experience” that combines a Mastercard debit card with a cash management account. Not surprisingly, it...

If you have stepped into the arena of business and established your company, it is adamant that you must be encountering Gross Margin and Depreciation very soon. Every company owner wants to estimate the cost of business operations and the revenue generated from it. This is the reason which makes...

The economic effects of COVID-19 could delay Africa’s next big IPO — that of Nigerian fintech unicorn Interswitch. If so, it wouldn’t be the first time the Lagos-based payments company’s plans for going public were postponed; the tech world has been anticipating Interswitch’s stock market...