Fintech
Fintech
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Old National relocates Louisville office following mass shooting in April, American Express brings back $1 million in grants for historic eateries, Adyen speeds payouts for gig workers and more in this week's banking news roundup.
June 2 -
Fintech VC funding flooded into consumer-focused companies in 2021. Now, the tides are changing direction.
June 2 -
The banking crisis set in motion by the failure of three banks has the industry focusing once more on how to avoid the same scenario.
June 1 -
This week in global news: CaixaBank adopts softPOS; AI makes more inroads and more.
May 31 -
The fintech startup Renaud Laplanche launched seven years ago now works with 200 banks and offers personal loans and a combination debit and credit card. Up next: a secured card that gradually turns into a regular credit card.
May 24 -
Challenger bank focused on serving the queer community plans to cease operations next month.
May 24 -
This week in global news: Canada cuts Visa and Mastercard fees; PhonePe draws new funding, and more.
May 24 -
The days of taking shortcuts around regulation and lax fiscal discipline need to come to an end if the industry is going to reach its full potential.
May 23 -
The Cincinnati, Ohio, bank targeted Rize Money due to its "ease of accessibility," according to Fifth Third's head of wholesale payments. The acquisition comes as the $205 billion-asset bank has seen wealth and asset management revenue decline in recent years.
May 22 -
Zest AI and Origence designed a new white-labeled product for institutions that lack the resources to develop a custom platform based on artificial intelligence.
May 22 -
After the departure of a key Small Business Administration official, lawmakers from both parties are calling on the SBA's chief to delay rules that could open the agency's biggest lending program to more nonbanks — or even consider reversing the changes.
May 18 -
The Los Angeles fintech lender has agreed to refund voluntary payments paid by borrowers in California, Connecticut and the District of Columbia. Voluntary payments for loans have come under scrutiny from consumer advocates and state officials.
May 18 -
The bank is focusing on pre-seed companies that specialize in fintech or other forms of technology and have diverse founders.
May 16 -
The FDIC reviewed more than 20 other offers before selling the failed bank, including one from a San Francisco fintech.
May 12 -
The challenger bank offers the largest advances on the market, but it is still working to become net cash positive and faces stiff competition.
May 12 -
First Horizon commits part of TD breakup fee to local communities, Southern Security poised for huge membership growth, Marqeta faces layoffs and more in this week's banking news roundup.
May 12 -
Michigan State University Federal Credit Union is partnering with Debbie, a Miami-based fintech that helps consumers break free of delinquency and correct bad spending habits, to strengthen its financial education tools and build its deposit base.
May 11 -
The director of the Consumer Financial Protection Bureau told a fintech audience Thursday that banks need to make it easier for consumers to switch accounts, and should make lending decisions with less reliance on credit scores.
May 11 -
Charlie, a digital banking service, will advance users their Social Security benefits and will try to act like a "smart, kind and trusted nephew."
May 10 -
American Banker's editorial staff honors 20 women who are leading in all areas of fintech, including startups, venture capital firms, accelerators and law firms.
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