Fintech savings app Digit will launch a neobank product in early December, offering a full-fledged banking app and paid subscription service to access saving products.
Credit card-led fintech Stori announced Thursday its had closed a $125 million over-subscribed Series C round co-led by GGV Capital and growth-stage
It’s mobile-centric, meaning they see credit cards living on mobile devices as pieces of code that can be delivered quickly to their customers. It operates from the cloud, allowing for scalability and removing the need for building new databases or buying new servers or hardware.
In a letter to the agency’s new director, top Senate Democrats recommended policy steps intended to limit mistakes in consumers’ credit files that they said “can ruin lives.”
The bank also aims to put $50 billion by 2030 toward financing customers and projects that have a positive environmental impact. It said it is establishing a framework to more clearly track that figure.
Shares of fintech companies Affirm and SoFi soared Thursday after both companies posted their latest quarterly numbers
The U.K. central bank on Tuesday said it was advancing its exploration of central bank digital currencies, or CBDCs, to a consultation stage that’s due to take place next year.
First Busey Corp. is investing in software to eliminate the drudgery of some tasks. But this Best Bank to Work For will judge the success of the tech initiative by employee engagement more so than just efficiency. The goal is to boost morale.
A manic market has been driving cryptocurrency since Bitcoin was introduced twelve years ago. While crypto values have experienced wild swings wider adoption of crypto will likely have a significant influence on investing and spending in the future.
Yieldstreet, a fintech that aims to give retail investors access to alternative investments, announced Friday that users would have access to a new fractional art investing platform called the Art Equity Fund.