Fintech
Fintech
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Fintechs that simply offer cosmetic upgrades to the cumbersome American banking system won't survive.
September 18 -
A new registry aims to make it easier for credit unions to set up voice banking capabilities, but it remains to be see if consumer demand is there for this service.
September 18 -
With more players joining the lending industry, it's becoming a more crowded space, and business owners weighing their options are a bit overwhelmed, says Luke Intuit's Luke Voiles.
September 18 -
Mission Lane, which was spun off from LendUp in December, said Monday that Shane Holdaway took the helm in August after roughly a year serving as CEO of Barclays' U.S. consumer bank. The upstart lender also announced that it has raised $200 million in equity funding.
September 16 -
Hackers go in for the kill when challenger banks and others launch retail products. So the companies are forced to step up their defenses — fast.
September 16 -
The West Virginia company, which invests heavily in fintech firms, bought Chartwell Compliance in Maryland.
September 16 -
A federal judge blocked state regulators from suing the agency over its new charter, but it’s still unclear whether fintechs would even apply.
September 16 -
Hawaii State FCU has a dedicated branch for testing new products. It's a format that other institutions could follow.
September 16 -
The online lender’s name will go on a glitzy new stadium scheduled to open next year in Inglewood, Calif. The big question is whether the 20-year deal will contribute to profitability, which SoFi has yet to achieve on a consistent basis.
September 15 -
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