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Fintech

Fintech
·Apr. 26, 2022

Endaoment celebrates green giving with guide and community fund

Endaoment is celebrating Green Giving Month this April by recognizing nonprofits working to conserve and advocate for the environment.
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Fintech
·Dec. 20, 2021

Consumers don’t seem to understand what’s happening with their data — does it matter?

Consumers’ responses also showed that they had little idea about the duration for which non-bank finance applications access their data. While 21% believed that once submitted, their data remains always accessible, only 23% were aware that they must manually revoke their consent, or change banking...
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Fintech
·May. 19, 2022

Revolut CEO Nik Storonsky: “We’ve made almost every mistake possible and we’ve learned from them”

The CEO of the $33bn fintech said it is now much closer to an IPO and that it no longer needs to fund raise.
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FintechNews RoundupUSA
·May. 18, 2020

Changes Coming to PPP Program

Lawmakers and other government officials are working to make changes to the Paycheck Protection Program; there has been slowing demand...
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Fintech
·Apr. 14, 2022

CFPB says TransUnion, former executive repeatedly broke law

A new Consumer Financial Protection Bureau lawsuit claims the credit bureau and the ex-leader of a key unit failed to comply with a 2017 order to stop misleading consumers about credit reporting and monitoring services.
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FintechUSA
·Jun. 12, 2020

Wave Financial Launches Bank Account with Bookkeeping

Wave Financial has announced their new app based offering Wave Money which will include a bank account with bookkeeping; the...
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FintechNews RoundupUSA
·Jan. 15, 2020

SecFi Raises $550mn from Hedge Fund

Stock option financing startup SecFi has raised $550mn from Serengeti Asset Management; SecFi is a platform that allows workers to...
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FintechNews RoundupUSA
·Mar. 15, 2018

PitchIt @ LendIt Fintech 2018 Finalists Announced

The finalists for LendIt Fintech’s 2018 startup competition have been released; BitButter, BlockFi, CreditStacks, Flowcast, Genivity, Narmi, Spacequant and Trusted Key will pitch in front of judges at LendIt Fintech 2018 on April 10 in San Francisco. Source

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EuropeFintechNews Roundup
·Oct. 9, 2017

Press Releases from LendIt Europe 2017 – October 9, 2017

  • Trustly partners with Emric, part of Tieto
  • Disruptive lending technology to assess applicants on verified income - The ID Co.
  • Mintos marketplace exceeds 35,000 investors
  • Creditshelf Announces Results of New SME-Study at LendIt Europe 2017 Conference
  • Global Online Lender Issues €120M In Credit Lines to SMEs - Spotcap
  • LendIt Launches the BlockFin Summit
  • Digital Dunning and Debt Collection: collectAI manages 25m Euro in Receivables
  • Afluenta Celebrates Its Fifth Anniversary by Adding Commercial Loans to a New and Smarter Platform 
  • Crowdvouching service Suretly, raised $2.8 mln in August, is launching beta version in 6 weeks
  • Oakam Accelerates Financial Inclusion in the UK with Alternative Data
  • Linked? ?Finance? ?Launches? ?Pension? ?Investment? ?Product
  • ArchOver Headed for a Record Year of Lending
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FintechNews RoundupUSA
·Aug. 30, 2017

Personal Financial Management Apps Still Have a Future

Personal financial management (PFM) apps have had a bad few months with Prosper shutting down Prosper Daily and Capital One closing Level Money; but banks in general are still looking for ways to provide customers with their financial health; a research report by Celent in July points out that while apps are closing, banks are beginning to integrate some of the features from PFM apps; instead of sending customers to a third party app they offer the features within their own app or website as part of the everyday customer experience; Cesar Richardson, vice president for Strands America, tells American Banker: "There's no separate path. It's inside your day-to-day banking." Source

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