Here are the most read news stories from our daily newsletter today: Finicity inks data API deal with Charles Schwab...
/PRNewswire/ -- Global fintech company, Bitt, will deploy a stablecoin for a government-owned national bank in Central America by the end of 2021. NBB Pay
Most fintechs pride themselves on digital everything, including customer acquisition strategy. But Bankaya, a Mexico City-based financial services startup, is attributing its early traction on the opposite model — going after target customers in person. Founded in 2019 by CEO Mauricio Cordero, Ramón Chedraui and Diego Vargas, Bankaya launched one year ago and boasted 450,000...
This guide to the free checking accounts of Bank of America, Chase, Citibank and Wells Fargo is a competitive resource for other banks.
The crisis "unlike any other" that Jelena McWilliams referenced Thursday is COVID-19 — and the regulator's response to it — not the unusual political squabble that spurred her exit.
CRE loans hit their peak for banks right before the financial crisis in 2007, then prices started to crater by...
The company has raised $26.5 million to expand its digital transactions management business and bolster the staff to increase product development; the round was led by LLR Partners, a Philadelphia-based private equity firm; CEO Stephen Bisbee said, "We are seeing more opportunity in front of us than we're able to execute with our current staff." Source
Millennials are becoming more influential in the market for financial advice and investment management; currently a $71 trillion business, baby boomers have been the leading drivers over the past three decades; millennials however are gaining increased consideration since they now account for the greatest majority of the population in the US and UK; while they currently only hold a small percentage of the asset management market with $250 billion invested, venture capitalists are taking bets on their potential influence; the tech savvy generation has greater preference and confidence in tech powered solutions than the baby boomer generation with 85% of UK-based millennials surveyed by Legg Mason Global Asset Management reporting they were comfortable with robo advice while only 37% of investors aged 40 to 75 trusted online advice; leading robo advisors have initially attracted the attention of millennials however it's likely that more traditional asset managers will expand their offerings to capitalize on the growing opportunity. Source
North Carolina based BB&T has been aggressively cutting branches and staff in the past year as they looking to become...
Onramper today announces that it has raised $6m in seed funding, led by EQT Ventures, with participation from Backed VC and TRGC.