For the inaugural Fintech Blueprint Open Hours session, Carey Ransom of BankTech Ventures spoke on penetrating bank innovation departments.
To combat overdraft, payday loans, and late fees, DailyPay updated its existing digital wallet program with a feature that lets users see their hard-earned cash in their accounts arrive in real-time.
MAJORITY, a Florida-based mobile banking app for migrants, announced a $37.5-million Series B, including $30 million in equity.
The British neobank, serving over 40 million customers globally, has acquired a banking license in Mexico.
Banks use relationship-based services to attract and retain customers in these times of higher interest rates. SunTec Business Solutions President Amit Dua said if these services are correctly deployed, they benefit both the bank and the customer.
Financial institutions have the tools available to provide personalized digital money management, but that doesn't mean it is a simple process.
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Senate Committee remained unconvinced by Greg Becker's apology citing multiple warnings and increased paychecks as risks mounted.
Fintechs are developing at lightning speed, many form with an altruistic purpose, but what happens when interests are conflicted?
Nubank executives talk credit strategy in Latam. The fintech has a portfolio of $20 billion comprised of personal and credit card loans.
Financial institutions have access to a vast amount of customer data, including account information, transaction history, and credit scores. However, much of that data is siloed by different payment platforms and networks and out of reach when fraud teams need it most. Banks can address this data drought problem by finding ways to modernize their tech stack, getting creative with existing rails, and leaning on providers to gain scale.