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PagoFX launches international money transfer service in Belgium, making its first expansion outside the UK

PagoFX launches international money transfer service in Belgium, making its first expansion outside the UK

“PagoFX, Banco Santander’s low-cost international money transfer service, is now available in Belgium. Santander, one of the largest banks in the world, has made a bold investment into helping people transfer money internationally with confidence and now Belgium can, too. The service, launched only in April in the UK, allows Belgian residents with a debit [...]

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GM Plans to Seek Banking Charter to Grow Auto-Lending Business

GM Plans to Seek Banking Charter to Grow Auto-Lending Business

“General Motors Co. is looking to get back in the banking business. The auto maker’s lending arm is drawing up plans to apply for a banking charter, a move that would allow it to accept deposits and expand its auto-finance business, according to people familiar with the matter.” GM Plans to Seek Banking Charter to [...]

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Can Shopify Compete With Amazon Without Becoming Amazon?

Can Shopify Compete With Amazon Without Becoming Amazon?

“Founded in Ottawa in 2006, Shopify started out as a simple maker of e-commerce websites. Store owners, instead of having to worry about all the technical complexities that go with processing payments, managing checkout flows and working with JavaScript, could upload some pictures of their wares to Shopify, set prices, provide their bank account information [...]

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