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Banking

digit neo bank
Banking
·Nov. 11, 2021

Digit set to become a neobank

The firm has helped members save upwards of $7 billion to date through retirement savings, investing, and rainy day fund planning.

Read Full Story
Banking
·Oct. 3, 2023

Brazil’s Itaú stirs fintech competition in Chile with neobank offering

Itaú joins the digital banking frenzy with "Itu," a digital banking initiative in Chile offering a virtual account and a debit card.
Read Full Story
svb
Banking
·Mar. 29, 2023

Post SVB sale, VCs move to sustainable growth

The VC and startup community are tentatively settling into an optimistic action plan after SVBs failure. SVB Capital is still on the table.
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Europe
·Sep. 21, 2022

EU launches digital identity wallet program

According to the European Commission, only about 60% of the EU population in 14 member states can use their national eID cross-border.
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CEO Charles Delingpole
Crypto
·Dec. 9, 2021

New financial crime report predicts sanction loophole scrutiny

While there will likely be a change in how organizations use sanctions as a tool, their increased use looks to continue.
Read Full Story
open banking mastercard study
Banking
·Dec. 14, 2021

Eight in 10 North Americans use open banking: Study

In one parameter, data show that 80% of USA consumers and 82% of Canadians use a payment or banking service connected to their primary accounts.
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Teens in circle holding smart mobile phones - Multicultural young people using cellphones outside - Teenagers addicted to new technology concept
Banking
·Jun. 1, 2023

Credolab takes unique approach to credit scoring, financial inclusion

Lenders have long identified the need to develop better scoring models that include those with thin or no credit files, but the problem persists, Credolab’s CSO Michele Tucci said. Credolab tackles the problem using privacy-consented and permissioned data through smartphones and web pages.
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Walmart remitence p2p
Fintech
·Mar. 3, 2022

Walmart takes on Western union with low-price money transfers to Mexico 

Through Walmart2Walmart, customers can send money from any U.S. Walmart to any Walmart store in Mexico for as little as $2.50 per transaction.
Read Full Story
Anonymous hacker in front of his computer. | iStock photo
Banking
·Nov. 6, 2023

Comprehensive Trustwave report shares threats to financial services

A new report from Trustwave SpiderLabs provides a rich description of the myriad of threats facing financial services companies. 2023 Financial Services Sector Threat Landscape covers prominent threat actors and tactics, breaks down the financial services attack flow into steps, and covers several common hacker entry points.
Read Full Story
man at computer
Fintech
·Aug. 10, 2022

Cloud tech brings rise of Ransomware-as-a-Service

Businesses' move to cloud-based infrastructure has brought a heightened threat of ransomware attacks. Here's how you can protect yourself.

Read Full Story
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