Only 98,192 account switches took place in Q2 2020, down 65 percent from Q1 when more than 280,000 switches took...
Charles Schwab’s CEO, COO and Head of Adviser Services presented details to analysts on how the TD Ameritrade merger is...
In his weekly Forbes column Ron Shevlin assesses what has changed in fintech over the past few months and what...
Banks know they cannot compete dollar for dollar for top tech talent and are starting to adjust their offerings to...
Penny Crossman from American Banker digs into the various technologies that will eventually result into invisible banking; this is the...
Almost 4 million people will soon be receiving their stimulus checks via a prepaid card issue by MetaBank; the program...
Real-time income data has enabled completely new fintech products to be developed over the past five years
The digital push at BBVA has helped the company to a 20 percent rise in profits; the changes have helped the company to lower costs while boosting profits; “The strength of recurring revenues and the improvement in efficiency show that we are advancing decisively in our transformation strategy,” said Francisco González, the group’s executive group chairman to the Financial Times. “2017 was a good year and 2018 will be an even better one.” Source.
No summer doldrums for fintech news as this was a very busy news week. We had Plaid teaming up with Wise, problems at Marcus, another crypto platform in trouble, Figure has a new "banking in a box" product, the CFPB fines Digit and more.
The CEO and Co-founder of Varo discusses what is wrong with traditional banks and how his startup digital bank is different. Source