Fintech
Fintech
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KKR , which has a substantial financial services portfolio, has made a $75 million equity investment in Cross River Bank, part of an overall $100 million capital raise. Cross River will use the funds to expand the technology and compliance infrastructure that it provides to fintech organizations.December 10 -
JPMorgan Chase is beefing up its technology presence in Israel, joining other global financial firms seeking to benefit from the country's large pool of fintech experts.
December 10 -
Data regulations pressure small banks and credit unions, which could benefit from a pro-innovation regulatory environment, according to Stephen Menon, vice president of product at Finn AI.
December 10 -
The New Jersey bank is offering fintechs ways to stay compliant with consumer protection regulations.
December 7 -
Executives urged the consumer bureau at a public meeting to keep a closer eye on artificial intelligence innovations developed by fintech firms that are subject to less regulation.
December 6 -
Many banks remain wary of student loans given the government's dominance in the market, but some fintechs see untapped potential.
December 6 -
Sunrise Banks in Minnesota, which has a mission of helping underserved communities, also provides compliance services to fintechs with a similar mission.
December 6 -
Mirador's digital-lending platform lets banks and credit unions make decisions on loans within 24 hours.
December 5 -
The Chicago bank's new partnership with AutoGravity mirrors others struck this year by JPMorgan Chase and U.S. Bank with providers of mobile apps that bundle the car-buying and lending processes.
December 5 -
Since banks are under constant attack by hackers, the startup XM Cyber is offering them a simulator that seeks to do its virtual worst in order to prevent a real breach.
December 5