Fintech
Fintech
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American Banker's editorial staff chose 20 leaders who have done groundbreaking work during the past year.
May 8 -
The Federal Reserve claims to want to encourage the formation of de novo banks, but its treatment of Custodia Bank calls that commitment into question.
May 8 -
CEO of Global Payments to step down, Raisin names a new U.S. CEO, TopLine Financial Credit Union in Minnesota names new CEO and more in this week's banking news roundup.
May 5 -
A noted futurist argues that banks that rely on traditional methods of attracting and growing deposits are setting themselves up for failure in an increasingly online world.
May 3 - AB - Technology
Greenwood and Kinly aspire to build wealth among the Black community.
May 2 -
The United States needs to follow the lead of other countries by letting fintech firms test innovative products at the national level. Failure to do so could send promising new ideas overseas.
May 2 -
The neobank expects to turn a profit by the end of the year, but faces challenges as it copes with the government's pause on federal student loan repayment and with the difficulty of selling technology services to other businesses.
May 1 -
The 34-page document demands that the bank get regulatory nonobjection for every new fintech partnership and requires the bank to step up its monitoring of partners' compliance with banking laws.
May 1 -
The San Francisco fintech is trying a new solution to a persistent problem, as marketplace demand for its loans continues to drop.
April 27 -
True Digital, which helps financial institutions zero in on vendors, says midsize banks have a unique need for its product.
April 26 -
In his new book, the technology and financial services veteran Thomas Vartanian explores how countries could band together to create a more secure digital world while explaining what's holding society back from achieving this.
April 26 -
The U.K. payment firm recently paired with the small-business technology firm Bluevine, part of a growing network of collaborations to compete in the crowded international transfer market and cut out correspondent banks.
April 21 -
The proposal to streamline the Small Business Administration's signature program and expand the number of available lending licenses would benefit underserved communities.
April 21 -
As the Wall Street giant continues to scale back its consumer banking ambitions, the point-of-sale loan provider that it purchased in 2022 could be the latest target. And CEO David Solomon said there might be more moves ahead.
April 18 -
A 40-year-old limit of just 14 nondepository 7(a) lenders is set to expire May 12 despite concerns by lawmakers and opposition from banks and credit unions.
April 16 -
TTCU Federal Credit Union in Tulsa is enlisting SavvyMoney to help members better understand their spending habits and begin improving their financial well-being.
April 10 - AB - Technology
Fintechs were already clustered in New York and San Francisco. Now that most startups work with the four largest banks, it's even harder to create new technology in the heartland.
April 10 -
The layoffs come as the fintech is still working to close the SPAC merger it announced in August 2021.
April 6 -
The founder of the defunct fintech that provided online college financial aid services was charged with fraud for inflating the company's customer base ahead of being acquired by JPMorgan.
April 4 - AB - Technology
Silicon Valley Bank served about half of all startups. As fintechs seek out new bank relationships, here are some of the things they are looking for.
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