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Fintech

EuropeFintechNews Roundup
·Feb. 6, 2019

Raisin Brings in $114mn as they Eye Expansion

German based Raisin has raised $114mn from Index Ventures and PayPal; the wealth tech startup helps customers find accounts with...
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FintechNews RoundupUSA
·Feb. 6, 2019

The Industry Responds to FDIC Small Dollar Lending Rule Request

Smaller dollar loans can be very profitable and are often provided by payday lenders; there are also some fintech companies...
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FintechNews RoundupUSA
·Feb. 6, 2019

TD Bank Finds AI Implementation Harder than Expected

About a year ago TD Bank acquired the AI startup Layer6 and they hoped to use their technology to quickly...
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FintechNews RoundupUSA
·Feb. 6, 2019

Personal Capital Eyes IPO with New Fundraising

Digital wealth management startup Personal Capital has raised $50mn in a series F round; the fundraising was led by IMG...
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FintechNews RoundupUSA
·Feb. 6, 2019

Falling Income for Credit Card Issuers

The credit card business used to be much more profitable for banks; a recent study showed that fee income across...
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FintechNews Roundup
·Feb. 6, 2019

The Challenges Serving the Unbanked

The reality is that 33.5 million people in the US are still unbanked and underbanked; traditional banks have historically avoided...
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FintechNews RoundupUSA
·Feb. 6, 2019

Chime Aims at Big Disruption with No Fee Accounts

Digital banking startup Chime is looking to ride the wave of challenger banking and provide customers with a better experience...
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EuropeFintechNews Roundup
·Feb. 6, 2019

P2P Global Sells US Consumer Portfolio, Adds Real Estate

P2P Global Investments’ NAV rose .78% in December and returned 5.2% in 2018; the UK-listed fund focuses on purchasing assets...
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FintechNews Roundup
·Feb. 6, 2019

Announcements & Releases for February 6, 2019

Veteran of IBM’s Deep Blue launches AI-based cybersecurity company What does a recession mean for fintech? US challenger Rising Bank...
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FintechNews RoundupUSA
·Feb. 5, 2019

Wall Street Needs to Clean Up Data Before Seeing Power of AI

JPMorgan Co-President Daniel Pinto told Business Insider that the bank is working on a massive process of cleaning of data...
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