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EuropeFintech
·Jun. 30, 2020

UK Fintech Users Hit by Wirecard Scandal

Consumers and small businesses in the UK have been hit by the Wirecard scandal as the UK’s Financial Conduct Authority...
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FintechUSA
·Jun. 30, 2020

What Happens if Mastercard and Visa Gobble up all the Data Aggregators?

In American Banker Penny Crosman considers Mastercard’s recent announcement of the acquisition of Finicity and Visa’s acquisition of Plaid; if...
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FintechUSA
·Jun. 30, 2020

The PPP Closes Today With $134 Billion Left

The deadline is today for applying for a small business loan via the Paycheck Protection Program with $134 billion still...
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FintechNews RoundupUSA
·Jun. 30, 2020

LendIt Fintech Job of the Week: Business Development Analyst – Pagaya

From the LendIt Fintech Jobs Board: Leading tech-enabled asset manager, Pagaya Investments, is seeking a Business Development Analyst to support...
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FintechUSA
·Jun. 30, 2020

Empower Retirement Buys Personal Capital for Up to $1bn

Empower Retirement has bought digital wealth management fintech Personal Capital for $825mn upon closing, with another $175mn in planned growth...
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EuropeFintechUSA
·Jul. 1, 2020

More News for July 1, 2020

Acorns Targets Babies With New Custodial Account Capital raises $9M for its AI-based ‘capital as a service’ funding platform for...
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EuropeFintech
·Jul. 1, 2020

Transferwise to Launch Investment Offering in the UK

Transferwise has obtained a license from the UK’s Financial Conduct Authority to offer retail investments to clients; while Transferwise has...
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EuropeFintech
·Jul. 1, 2020

Startup Partners Back Away from Wirecard

Last year SoftBank agreed to make a €900mn investment into Wirecard; as part of the deal they were going to...
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FintechUSA
·Jul. 1, 2020

Digital Dollar Advocates Testify Before Senate Committee

The Senate Banking, Housing and Urban Affairs Committee held a virtual hearing yesterday on the digitization of money and payments;...
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FintechUSA
·Jul. 1, 2020

Startups Looking to Solve Racial Inequality in Banking

According to data from the FDIC as recently as 2017 about 17 percent of Black households and 14 percent of...
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