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FintechNews RoundupUSA
·Jun. 27, 2019

SoFi Completes First Offering of Pass-Through Certificates

The $200 million offering included post-graduate student loan asset-backed certificates; they were rated single-A by DBRS; this is the first...
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EuropeFintechNews Roundup
·Jun. 27, 2019

BBVA Dedicates Space For AI Services

BBVA has a staff of over 150 data scientists, engineering and department heads near their Madrid HQ specifically focused on...
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FintechNews Roundup
·Jun. 27, 2019

New Challenger Banks Looking to Stay Local

There is an interesting movement in the fintech space where some challenger banks are focused on serving local communities first;...
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FintechNews RoundupUSA
·Jun. 27, 2019

Traditional Banks Learning Valuable Lessons From Fintechs

The growth of fintech has already had a tremendous impact on the banking system; but the business model for many...
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EuropeFintechNews Roundup
·Jun. 27, 2019

Klarna and H&M Expand Their Partnership to US Stores

Swedish point of sale lender Klarna and retail fashion giant H&M have expanded their partnership to the U.S.; Klarna’s financing...
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EuropeFintechNews Roundup
·Jun. 27, 2019

Monzo CEO Unconcerned About Mounting Losses

The CEO of Monzo, Tom Blomfield, has warned that losses at the digital bank this year will continue to mount...
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EuropeFintechNews RoundupUSA
·Jun. 28, 2019

Announcements & Releases for June 28, 2019

U.S. Fintech ConnexPay Secures $7 Million Through Series A Funding Round Deep Dive: Small and local banks drive some of...
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FintechNews RoundupNorth America
·Jun. 28, 2019

Manulife Challenger uses AI at the Core of the Offering

Canadian based insurance company Manulife launched a digital bank earlier this month and at the heart of that offering is...
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Asia/PacFintechNews Roundup
·Jun. 28, 2019

Digital Bank WeLab Gaining Traction in Hong Kong

WeLab is one of eight virtual banks that have received banking licenses from the Hong Kong Monetary Authority this year;...
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FintechNews RoundupUSA
·Jun. 28, 2019

How JPMorgan’s Finn was Shuttered in Two Years

Business Insider takes a look inside JPMorgan Chase and how the company’s digital only bank Finn was shut down just...
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