Crypto Assets: Self-Directed IRA Platform Alto Celebrates 2022 With $40M Series B. | Crowdfund Insider: Global Fintech News, including Crowdfunding,
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CEO Corbett: “One of the reasons behind the opportunity to move into small business lending is the major banks pulling...
Experian just acquired credit reporting fintech ClearScore for $385mn; this follows the mortgage brokerage deal they did with London & Country Mortgages back in December; Experian is looking to expand their offerings and brand through the deals; this is part of a wider trend in fintech as more incumbent players have seen the value fintech startups have brought to market. Source
Republic Bank & Trust Co. launched a digital-only bank branded as MemoryBank, this would stand alone from Republic and would aim to offer simplified products; this digital bank is courting those in Generation X, as opposed to the millennial generation; according to Andrew Varga, Chief Innovation and Strategy Officer of Republic Bank & Trust Co., the new digital bank will allow for the regional bank to have a national footprint. Source
An inclusive workplace mirroring an inclusive society: Fintech is a force for innovation and change, posing significant opportunities in supporting equal rights and benefiting from the voices of a diverse workforce.
Goldman Sachs, one of the largest investment banking enterprises in the US and the world, is partnering with American Express to upgrade its digital cash management offering, according to CNBC.
In an effort to increase security banks have started to move to the internet domain dot-bank; the switch has not been widely adopted but those who have done it say the investment is worth it; “Anybody can have dot-net or dot-com,” said J. Marty Filogamo, SVP and marketing manager of Farmers & Merchants State Bank. “Not everyone can have dot-bank.”; this is part of a wider trend in banking as more banks look to increase digital products and security. Source.
CrossLend shares the history of the company and how they shifted their business in November 2016; discusses seven reasons to invest in CrossLend’s single-loan-backed notes. Source
The largest U.S. crypto exchange posted its second consecutive quarter of losses, hurt by sharp loss in trading fees.
Innovate Finance's CEO Lawrence Wintermeyer has left the association to pursue other opportunities; Wintermeyer served as CEO for two and a half years and helped the association increase its membership to 250 members; Charlotte Crosswell, former CEO of Nasdaq NLX, has been appointed as the association's interim CEO while it searches for a successor. Source