Grasshopper Bancorp is launching in New York with more than $100mn from investors to challenge Silicon Valley Bank as a...
As fintechs and tech giants engage in finance through embedded solutions, banks may need to become the center of their own digital ecosystem.
Due to the high demand in awards submissions we are extending the deadline to submit until Friday, February 15th; One...
Lots of news from or about the government this week with FSOC warning on the dangers of crypto, the White House laying out plans for AI and Congress giving up on crypto legislation for this year.
Community banks and small regional banks say that working with fintechs has become essential to their businesses in order to...
Rishi Khosla, chief executive and co-founder of OakNorth, told CNBC that eventually the company plans to make the move into China; "It is going to be a market that we will go into. It's just a question of when and how rather than if," Khosla explained at a fintech event last week.; talk of a move comes after China’s new central bank head said he is willing to open the market to foreign companies; OakNorth has said they are in discussions with a variety of countries across the globe about expansion plan. Source.
UK based digital bank Revolut launched disposable card numbers form within the app; the disposable nature of the number can help to reduce card fraud, one of the main areas of financial fraud; the move is part of a wider trend in banking to make the online shopping experience more secure and tailored to millennial customers; Revolut also allows users to freeze/unfreeze cards and disable functions like contactless and swipe payments. Source.
Banks have not been sitting around waiting for the government stimulus to help customers; Mandy banks have started to extend...
Digital bank BankMobile has partnered with LendKey to launch a new student loan refinancing program; LendKey is a lending-as-a-service platform...
We reported earlier this week on JPMorgan’s secret digital banking project underway in London; this news comes soon after the...