Fintech
Fintech
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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.
May 10 -
Banks such as Capital One and Ally Financial are taking a page from fintechs and adopting early payday and eliminating overdraft fees.
May 10 - AB - Technology
The challenger bank can now let its customers use fintech apps, and it has plans to offer banking services through third parties.
May 10 -
Amid fresh competition from newcomers seeking to build brand recognition, banks that sponsor pro sports teams are leaning into content that tells a story about their connections to local communities.
May 9 -
GradFin offers advisory services to Americans who want assistance with their student loans. The acquisition is part of the Cleveland bank’s strategy of adding niche digital businesses.
May 9 - AB - Technology
Increasing numbers of banks are now letting business customers do their banking within their existing accounting and workplace software.
May 9 -
The technology giant is partnering with a fintech firm to deploy $25 million of deposits at minority-owned banks, community development financial institutions and other mission-focused lenders. It’s part of a broader effort by the iPhone maker to combat systemic racism.
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