The collaborators found there is plenty of room for fintech companies to innovate and improve the lives of Americans, a nation in recovery still facing inequality.
In April, Alviere secured a $20 million cash injection through a Series A round followed by a further $50 million investment in a subsequent Series B round.
The technology from the San Francisco loan software company will pre-populate loan applications with payroll and tax data from multiple sources.
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.
Bitcoin notched a fresh all-time high Wednesday as investors cheered the successful launch of the first U.S. bitcoin futures exchange-traded fund.
Fixed-income giant Pimco has dabbled in cryptocurrencies and plans to gradually invest more in digital assets that have the potential to disrupt the financial industry, according to chief investment officer Daniel Ivascyn.
Alloy, the recently named unicorn, has expanded its identity decisioning platform to include credit underwriting, with the intention of building comprehensive views of customers in line with their onboarding and transaction monitoring products.
Biden administration priorities like stepped-up fair-lending enforcement and policing mortgage lender behavior loom large.
The 44 large bank and insurance company partners of the Fintech Innovation Lab are inviting startups whose technology can help them manage cybersecurity threats as well as handle climate change metrics and other growing needs to join the lab's next cohort.
The social network's test of its Novi wallet drew criticism from Democratic senators who say the company does not have a strong track record of protecting user data.