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Members of Congress question whether the company is doing enough to protect inexperienced customers engaging in high-risk investing.July 17
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A class action asserts that the data aggregator accesses more of consumers' bank account information than it needs and ultimately aims to sell the data to others. Plaid, which has agreed to be sold to Visa, denies the allegations.July 13
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Jane Gladstone, new president of Promontory Interfinancial Network, says the recession will accelerate the shakeout among the nonbank disruptors and that small banks have an opportunity to forge new bonds with the survivors.July 6
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Venture capital investment has plummeted in many coronavirus-ravaged economies, but larger, profitable fintech firms with the right digital products might still score funding.April 20
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No online lenders are approved for the agency's traditional programs, but they could make loans under the COVID-19 stimulus package if they get special approval.March 26
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COVID-19 is bringing business to PayPal, Blend, Symphony and others as homebound consumers and commercial clients seek more electronic services. But demand could cool if the economy slows further.March 18
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FinApps has filed a lawsuit that claims the data aggregator swiped its proprietary credit risk software while the two did business together.August 7
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The offering would mirror a similar move by Charles Schwab to offer clients a new pricing plan for its robo service.July 16
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Robinhood Financial has rebranded its service, deleted tweets about its launch and scrubbed the page from its website.December 15
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Striking the right balance between personalization and privacy is just one challenge the startup Finn AI is grappling with as it refines the artificial intelligence behind banking through Alexa and other devices.October 24
