The recent funding of Greenlight Financial Technology is part of a recent trend that has financial services firms as of all sizes focusing on education; according to the Center for Financial Services Innovation 57 percent of Americans are financially unhealthy; one of the biggest issues financial education has had is that it’s hard to define; companies have been trying to offer different types of education through online courses and other tools that help customers to better understand their full financial situation; fintech companies are not the only one’s offering such services, big banks like JPMorgan Chase and Wells Fargo have recently added focused products and tools to help customers. Source.
Plaid CEO Zach Perret is in favor of banks allowing customers to have control over access of their data; Plaid...
Roostify CEO Rajesh Bhat sat down with TearSheet to discuss the online mortgage market and stated we are still in the first quarter of the game; Roostify is an enterprise mortgage origination platform and has secured deals with JPMorgan Chase and Guild Mortgage; topics discussed include why mortgages are so hard to digitize, how banks have addressed the move to digital mortgages and how did Roostify come to be. Source.
LendIt Fintech has teamed up with Oracle Financial Services to bring together a discussion amongst leading banks focused on small...
JPMorgan Chase announced plans to shut down their digital only bank less than two years after launching and now other...
A new report by 11:FS found that small businesses believe fintechs are doing a better job at meeting their needs;...
American Banker reports that JPMorgan Chase will cut several hundred jobs within their consumer unit which includes deposit, credit card,...
Last year will be known for a myriad of events. While the institutionalization of crypto might not make it to...
JPMorgan Chase plans to block fintechs from screen scraping as they believe the practice is putting the bank at greater...
In December JPMorgan Chase CEO Jamie Dimon said the bank was working on creating their own API for data sharing;...