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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