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The fintech provides API support to Chime, Varo Money and other challenger banks.
October 17 -
Grasshopper Bank and Mercury are each targeting customers that face limited options in the market.
October 16 -
Community banks and credit unions are eager to innovate, but technology upgrades must be done first, says Bruce Lowthers, FIS banking solutions president.
October 13 -
The company has rolled out an online platform for firms considering marketplace loans as an asset class.
October 10 -
A digital currency firm has been accused of recruiting actors to pretend to be Comerica and Mastercard employees, writing a fake prospectus and taking other steps to make it look like the two U.S. companies were its partners in an investment venture.
October 9 -
Though synthetic identity fraud is down across the industry, there's been an uptick in such attacks targeting credit unions.
October 8 -
A combination of mutual and clashing interests has driven many players — credit unions, big banks, community banks and fintechs — to offer high-interest, digital-only savings and checking.
October 8 -
Sunil Chandra's job will be to guide the fintech's international expansion. It says 12 banks are using its small-business lending platform, including three in the United States.
October 7 -
A combination of mutual and clashing interests has driven many players — big banks, community banks, credit unions and fintechs — to offer high-interest, digital-only savings and checking.
October 6 -
The company will use the funds to increase research and development efforts as well as expand its global presence.
October 3 -
Surety's first online bank, booyah, is aimed at college students and young grads.
October 1 -
TransferWise once marketed itself as Robin Hood-style rival to banks. Now it sees itself as an ally.
September 26 -
Digital-first lenders more than doubled their market share in the last four years, according to a report by Experian.
September 25 -
It is the bank’s second big gift to the nonprofit Financial Health Network in recent years, with this one earmarked for a financial solutions lab.
September 24 -
The app, which started with mobile gaming, will now integrate itself with some of the most popular video games on the market such as Fortnite.
September 24 -
Increased adoption of The Clearing House’s faster payments system could put pressure on community banks and credit unions awaiting the launch of the Fed’s competing service, FedNow.
September 20 -
The mortgage industry has put more emphasis on organizing data in a digital manner and presenting it in an easily digestible format.
September 18 -
MoneyLion and Varo say familiarity with existing customers — whom they already offer savings, investment and personal finance products — will help them make smart credit decisions.
September 18 -
The bank's innovation arm is developing a mobile-only account for gig-economy workers, and a real estate service to help companies analyze the long-term viability of properties.
September 13 -
Donald Wetzel, the man who devised the first U.S. cash dispenser, says automated tellers will always exist — even as they evolve beyond their initial purpose.
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