Bank accounts for small businesses is an area of fintech not yet solved; Azlo is looking to fill that void...
Digital lending software provider Blend reveals that they're helping to increase homeownership opportunities by leveraging data and automation.
Bank of America Merrill Lynch announced it has partnered with fintech firm CellTrust for messaging to clients; the new service will be focused on client to advisor text messages; the partnership will allow the bank to catalogue all communication with time and date stamps, tracking and logging activity; they plan to launch the new program over the next two months. Source.
Binance said it will not "unilaterally freeze millions of innocent users' accounts," but would block the accounts of individuals on sanctions lists.
Nubank and Ualá expanded to Colombia to boost customer acquisition. Replicating success in Latin America is no easy feat for digital banks.
The Financial Conduct Authority's Director of Strategy and Competition Christopher Woolard has reported some concerns over fintech regulations globally; in a speech at the Innovate Finance Global Summit in London, Woolard specifically discusses fintech sandboxes noting concerns about establishing them before any government regulatory standards are in place and suggesting that countries institute some guidance before introducing sandbox initiatives; the UK has been a leader in sandbox innovation and the country plans to publish a full report in May on its first sandbox initiative. Source
Immigrants cannot 'passport' their credit history from one country to another fuelling financial exclusion. Revolut's ex-lending boss wants to change that....
Chime, a 5-year-old digital banking startup, has passed 1 million customers and $4.5 billion in transaction volume. The San Francisco company markets itself...
Despite high interest rates and risks of a reccesion, many BNPL fintech providers now vie to offer loans to the underbanked in Mexico.
American Banker has released their list of the most powerful women in banking under 40; the 15 women are from...