Fintech
Fintech
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The digital-only Canadian bank plans to expand throughout the U.S. after acquiring a single-branch subsidiary of Stearns Financial Services.
June 14 -
Sen. Pat Toomey, the top Republican on the Banking Committee, is demanding answers from the Federal Reserve Bank of Kansas City about the status of a Fed master account for the Colorado fintech firm Reserve Trust, which had figured in a recent confirmation controversy.
June 9 -
Staff at major banks and some of the world’s biggest technology giants are increasingly leaving for fintech startups, new analysis shows.
June 6 -
A challenger bank, an alternative credit score company and a proposed federal credit union are improving access to banking and lending for those who have been in prison.
June 2 -
The 50 companies that made American Banker’s annual list are being recognized for establishing strong workplace cultures, offering robust benefits packages and giving employees the room to do their jobs well.
June 1 -
Companies on the Best Places to Work in Fintech list offer sabbaticals or generous vacation time, which helps attract young talent and lets veteran employees re-energize.
June 1 -
Breaking barriers to education unites the team at Mpower Financing, an international student loan company with employees from more than a dozen countries that is ranked No. 1 on this year's Best Places to Work in Fintech.
June 1 -
Get your notepad ready: these are the speakers whose insights you’ll want to remember at this year’s event in Austin.
May 31 -
The payments startup Bolt Financial is cutting staff, its CEO said in a message to employees on Wednesday.
May 25 -
Under the deal, participating members of the BancAlliance network will be able to buy interests in loans originated on the digital lender’s platform.
May 24 -
The state of Connecticut recently handed the small-dollar marketplace loan provider a cease-and-desist order, but Rodney Williams says his company is getting much-needed emergency funds into marginalized communities at a low total cost, and that the rules need to be rewritten.
May 23 - AB - Technology
The startup, whose name suggests its purpose of helping companies attract and retain employees, lets companies offer cash incentives to talented recruits that are vested over several years, motivating them to stay in their jobs for a while.
May 18 -
Sen. Cynthia Lummis, R-Wyo., says she and Sen. Gillibrand, D-N.Y., plan to release draft legislation next week that would establish a supervisory entity for emerging financial technologies and new rules for stablecoin issuers.
May 17 -
Q2 Holdings, a banking-software provider, is weighing options including a sale after receiving takeover interest, according to people familiar with the matter.
May 17 -
NatWest Group is considering launching a separate digital lender for small businesses in the U.K. to find a new avenue of growth for the bank.
May 17 -
Grain Technologies guarantees to cover fraud costs for the banks it works with. One of those partners, the $1.65 billion-asset Ponce Financial, recently disclosed just how high that figure has reached.
May 13 -
The state banking commissioner criticized the online peer-to-peer lender's tipping policies, failure to disclose tips and lack of lending and collections licenses in the state.
May 11 -
In order to align financial policy with the interests of consumers, the agency should consider why these services have caught on — and remember to keep a lane open for innovation.
May 11 -
The CEOs of both Upstart and Oportun said this week that while they will maintain their existing interest rate limits, some higher-risk customers will no longer qualify for their loans as borrowing costs rise.
May 10 -
The Minneapolis company believes a new partnership with LiquidX will grow its niche supply-chain financing business by 'multiples.' The goal is to help more suppliers get paid early in a system that's been pinched throughout the pandemic.
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