Fintech
Fintech
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Fintech lenders that reported a surge in missed payments at the start of the pandemic have seen credit quality rebound substantially since. But credit performance could still deteriorate if high unemployment persists and Congress fails to enact more relief measures.
September 8 -
The Ohio regional added a feature to its mobile app that analyzes a customer's spending habits before sweeping small amounts of cash into a savings account.
September 8 -
Investors have poured a fresh $106 million into Amsterdam payments service provider Mollie, boosting its valuation past $1 billion.
September 8 -
The pandemic-driven move to electronic payments isn't slowing down, and card issuers are finding an eager group of innovators promising a speedy migration to digital card production.
September 8 -
Institutions considering new technologies must ask themselves what they're looking for not just from a product but from a partner.
September 4 -
The bank's Pershing unit is using fingerprint and facial recognition technology on Apple devices to protect user access to its desktop software.
September 4 -
In the short term, there’s no doubt that acquiring is faster than building something yourself. But to maintain quality and value for your merchants, you have to go through the process of deeply understanding the problem to build a solution that truly solves it, says Adyen's Ingo Uytdehaage.
September 4 -
The California company has acquired Mid-Central Federal Savings Bank, which is converting to a national bank.
September 3 -
The agreement between Colorado authorities, marketplace lenders and banks offers a way to structure partnerships without triggering the wrath of state regulators.
September 3 -
The agency’s plan to extend the "qualified mortgage" stamp of approval to more loans could help lenders that rely on alternative data and cushion the blow of other QM changes for Fannie Mae and Freddie Mac.
September 2