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The challenge for other fintechs will be to find banks that are as compatible as Radius Bank, an online-only lender, is for LendingClub.
February 19
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The move comes as the fintech tries to shake off criticism that its main products are payday loans by another name.
February 19
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When established card networks such as Visa, American Express and Mastercard start investing in fintech lending platforms such as Divido and ChargeAfter — as well as in the fintech lenders themselves such as Klarna and Vyze — it’s a clear signal that the future of unsecured personal loans may not be delivered by banks.
February 19
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Achieving the myriad business cash flow benefits from RTP is easier said than done, as global standards can conflict with local laws, rules, regulations and organizational culture, says Santander's Chris Bozek.
February 19
Santander Bank -
The game has changed and bank executives will have to do more homework before striking a deal.
February 19
CCG Catalyst -
The overhaul calls for massive job cuts but leaves interim CEO Noel Quinn’s permanent role in limbo; the program would throw out most of Trump’s Dodd-Frank rollbacks.
February 19
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For many international enterprises, cross-border e-commerce processing is table stakes. And the more complex the payment, the more important it is to handle it quickly.
February 19
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New messaging protocols calls can meet crooks at the pass, says FIME's Jean Fang.
February 19
Fime -
Clearer standards make it easier for shareholders to boost their stakes in banks without having to file for bank holding company status.
February 18
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The deal for Boston-based Radius would be the first in history in which an online lender buys a mainstream bank.
February 18
