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FintechNews RoundupUSA
·Jun. 27, 2019

SoFi Completes First Offering of Pass-Through Certificates

The $200 million offering included post-graduate student loan asset-backed certificates; they were rated single-A by DBRS; this is the first...
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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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FintechNews RoundupUSA
·Jun. 27, 2019

Chase Unveils Flagship Branch in NYC

Chase recently made the news after shutting down Finn, their mobile banking brand; the bank has now shared with the...
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FintechNews RoundupUSA
·Jun. 26, 2019

Libra’s Partners Seem to be Just as Wary as Regulators

The New York Times reports that 7 of Libra’s partners are quite wary of the new project; according to the...
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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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FintechNews RoundupUSA
·Jun. 26, 2019

Small Banks Grapple with Vendor Contracts

In the last 5 years HarborOne Bancorp has converted from a credit union to a mutual bank, became 45 percent...
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FintechNews RoundupUSA
·Jun. 26, 2019

Facebook Shares Ambitions for Digital Identity in Libra White Paper

Coindesk has dug into the Libra white paper which references how they might address digital identities: “An additional goal of...
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FintechNews RoundupUSA
·Jun. 26, 2019

Traders Bet that Bitcoin’s Resurgence Will be Short Lived

According to a recent report from the Commodity Futures Trading Commission hedge funds and other money managers held about 14...
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FintechNews RoundupUSA
·Jun. 26, 2019

TransferWise Launching Borderless Account for US Customers

TransferWise first launched borderless debit cards in the UK and Europe in April of last year; to date there have...
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FintechNews RoundupUSA
·Jun. 26, 2019

The Reputation of US Banks

Trust of US banks has fallen according to recent research; 40 banks were evaluated as part of the 2019 American...
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