Top Fintech News Stories for September 22, 2020

Here are the most read news stories from our daily newsletter today:

• Fintech Plaid CEO: There’s Been a “Meaningful Increase” in Number of Consumers Using Digital Financial Apps during COVID-19 Crisis – Crowdfund Insider
• Behind MoneyLion’s shift to an ‘à la carte’ subscription model – FinLedger
• Cadre Cash: Real Estate Investment Platform Offers Cash Savings Account with 3% Reward – Crowdfund Insider
• Fed Moves to Overhaul Lending Rules for Poorer Communities – The Wall Street Journal
• Are Financial Institutions Wasting Their Time Chasing a Digital Dream? – The Financial Brand
• Binance Visa Cards Are Now Being Offered in Europe with Up to 8% Cashback – Crowdfund Insider
• European fintech faces an ‘existential crisis’ as funding has dropped ‘from surplus to scarcity,’ McKinsey report says – Business Insider
• Banks can hold stablecoin-related assets for customers, OCC says – American Banker
• The rise of the mobile wallet – The Finanser
• Digital Account Openings Surged Long Before The Pandemic [Thanks To Bank Of America And Chase] – Forbes