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Fintech

FintechNews RoundupUSA
·Jan. 15, 2019

JPMorgan Reports on Lending, Increases Loan Loss Reserves

The bank reported solid growth in their lending business but remains cautious of downturn; the bank raised their loan loss...
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FintechNews RoundupUSA
·Jan. 15, 2019

Forbes Profile of Partnership Fund in NYC

Among VCs featured in Institutional Investor’s list of the 40 top Fintech Finance Power Players was Maria Gotsch, the president...
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FintechNews Roundup
·Jan. 15, 2019

Announcements & Releases for January 15, 2019

HSBC banks on blockchain to finesse forex trades A quarter of UK consumers will have a neobank account within five...
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FintechNews RoundupUSA
·Jan. 14, 2019

Fintechs Hesitant Regarding U.S. Investment Without Access to Fed Resources

While both the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp are examining the possibility...
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FintechNews RoundupUSA
·Jan. 14, 2019

Robotic Process Automation is Not Being Adopted by Banks

More than 60 percent of community banks are not even considering using robotic process automation (RPA) according to a new...
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FintechNews Roundup
·Jan. 14, 2019

Kabbage Working with Alibaba.com for Financing

Kabbage will now power Alibaba’s Pay Later program which is offered to US buyers; Pay Later allows small businesses to...
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EuropeFintechNews Roundup
·Jan. 14, 2019

The UK Still Has Challenges for New Entrants into Banking

The UK’s banking market has seen a number of new entrants since the financial crisis but it hasn’t been easy...
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FintechNews RoundupUSA
·Jan. 14, 2019

Fans Using Venmo to Thank Sports Players and Celebrities Puts the Startup in a Tricky Spot

Venmo users have started to use the payments app to show their appreciation to sports stars or celebrities; in most...
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FintechNews RoundupUSA
·Jan. 14, 2019

Open Banking Architects Sticking to Plan

While the promise of a flood of new products that would create the biggest shake-up in retail banking in decades hasn’t...
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FintechNews RoundupUSA
·Jan. 14, 2019

Flexible Rate Hikes Affirmed as Global Slowdown Concerns Fed

Federal Reserve Chairman Jerome Powell has reiterated the central bank would be patient in raising interest rates this year after...
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