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The challenger bank might use the proceeds from its latest funding round to buy other fintechs that would allow it to add more products and services, its CEO said. → Read More
The online lender, which is looking to diversify its consumer financial offering, is the ninth company to get New York state approval to establish a virtual currency business. → Read More
The Clearing House argues that participants in payments transactions could share far more invoice information over its real-time network. → Read More
Axos Bank favors remote access over chatbots, as it connects bankers with online customers in real time. → Read More
The State Bank Group and The Provident Bank are backing Neocova, which focuses on community banks. → Read More
HMBradley will assign interest rates according to how much customers set aside from direct deposits each month. → Read More
The financial services industry has struggled with how best to explain privacy and data-sharing practices to customers. Mastercard is offering a new framework. → Read More
Taking a page from fintech competitors, banks have worked to enrich the small-business app experience. → Read More
Startups are increasingly expanding into new areas with their bank partners in an effort to broaden their customer base and bring products to market faster. → Read More
Outages last week at Chime and Varo Money have executives on the defensive. → Read More
The Toronto-based bank has hired 1,200 people across five countries in North and South America to focus on digital features. → Read More
The fintech provides API support to Chime, Varo Money, and other challenger banks. → Read More
Grasshopper Bank and Mercury are each targeting customers that face limited options in the market. → Read More
Grasshopper Bank and Mercury are each targeting customers that face limited options in the market. → Read More
The company has rolled out an online platform for firms considering marketplace loans as an asset class. → Read More
A digital currency firm has been accused of recruiting actors to pretend to be Comerica and Mastercard employees, writing a fake prospectus and taking other steps to make it look like the two U.S. companies were its partners in an investment venture. → Read More
Though synthetic identity fraud is down across the industry, there's been an uptake in such attacks targeting credit unions. → Read More
Sunil Chandra's job will be to guide the fintech's international expansion. It says 12 banks are using its small-business lending platform, including three in the United States. → Read More
The company will use the funds to increase research and development efforts as well as expand its global presence. → Read More
Surety's first online bank, booyah, is aimed at college students and young grads. → Read More