Digital banking
Digital banking
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Hypur, a startup seeking to help banks serve businesses deemed high compliance risks (e.g. marijuana), has recruited a former Department of Justice lawyer to help build credibility. Its signature product: a payments platform to replace cash transactions.
April 25 -
CommonBond, an online lender that specializes in student loan refinancing, announced Monday that it has sold $150 million of bundled loans to investors.
April 25 -
JPMorgan Chase has added fingerprint authentication for customers on Android devices.
April 25 -
Community banks are grappling with a quickly changing operating environment, but they might have some practical advantages over large banks in building partnerships with fintech firms, and those relationships could give them the competitive edge they seek.
April 22 -
Illinois, California and New York are all taking initial steps to try to crack down on borrower abuses in the fast-growing digital lending marketplace. The states are facing pressure to intervene because federal agencies have yet to take decisive action.
April 22 -
Long before daily talk of fintech, blockchain and APIs, the number of U.S. banking customers who used at-home services once amounted to the population of a small suburb.
April 22 -
Traditional banks are not likely to match the nimbleness of a fintech startup for a whole variety of reasons. But that doesn't mean all is lost.
April 21 -
It's not exactly clear what blockchain will amount to, but Capgemini is convinced it will be too good an opportunity to miss.
April 21 -
An online student loan refinancing business that was recently spun off from a Virginia bank has been rebranded as Purefy Inc.
April 20 -
Richard Davis, the Minneapolis bank's CEO, is defending his decision to charge a fee for real-time payments. The move will allow it to earn back the cost of investment and prevent consumers from thinking of the bank as "a utility," he says.
April 20