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digital banking

FintechNews RoundupUSA
·Jun. 26, 2019

Varo Money Shuts Consumer Lending Division

Digital bank Varo Money has made the decision to shut down their consumer lending division; Business Insider reports “With the...
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EuropeFintechNews RoundupUSA
·Jun. 28, 2019

Announcements & Releases for June 28, 2019

U.S. Fintech ConnexPay Secures $7 Million Through Series A Funding Round Deep Dive: Small and local banks drive some of...
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FintechNews RoundupUSA
·Jun. 28, 2019

How JPMorgan’s Finn was Shuttered in Two Years

Business Insider takes a look inside JPMorgan Chase and how the company’s digital only bank Finn was shut down just...
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FintechNews RoundupUSA
·Jan. 6, 2020

New Digital Banking Startup Focused on Better Serving US Immigrants

The company is called Majority and aims to support immigrants who lack credit history; they are planning to launch in...
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FintechNews RoundupUSA
·Jan. 6, 2020

How Can Traditional Banks, Challenger Banks and Tech Companies all Survive Over the Long Term

In an interview with The Financial Brand, Alan McIntyre, Senior Managing Director, Banking for Accenture shares his perspective on the...
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FintechNews RoundupUSA
·Jun. 27, 2019

BankMobile Launches Student Loan Refinancing Platform

Digital bank BankMobile has partnered with LendKey to launch a new student loan refinancing program; LendKey is a lending-as-a-service platform...
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Asia/PacFintechNews Roundup
·Jun. 28, 2019

Digital Bank WeLab Gaining Traction in Hong Kong

WeLab is one of eight virtual banks that have received banking licenses from the Hong Kong Monetary Authority this year;...
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News Roundup
·Oct. 9, 2019

FINNOSUMMIT Miami by LendIt Fintech is Two Months Away

Investment in Latin American fintech is at an all time high. There is a huge amount of VC money flowing...
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FintechNews RoundupUSA
·Jan. 6, 2020

BBVA Looking to Offer Products on Amazon

BBVA has announced a partnership with Amazon; the partnership is first focused on selling physical products but it’s clear that...
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FintechNews RoundupUSA
·Jan. 6, 2020

Digital Banks Test Banking Model on Profitability

Digital banks secured $3bn in 2019 as venture capitalists poured money into banking startups looking to upend the traditional banking...
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