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FintechNews RoundupUSA
·Jan. 15, 2019

CFPB to Eliminate Underwriting Requirements Effecting Payday Lending

We learned in October that the CFPB was revisiting their ability to repay provisions in the small dollar lending rule;...
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FintechNews RoundupUSA
·Jan. 15, 2019

Banking/Fintech Partnerships Hot in 2018

It was a big year for bank/fintech M&A as many of the large financial firms that had been sitting on...
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FintechNews RoundupUSA
·Jan. 16, 2019

Youth Sports Payments Now Kid Stuff as Fiserv, Stack Sports Team Up

In an effort to make youth sports payments easier and more efficient, Fiserv and Stack Sports have teamed up as Stack...
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FintechNews RoundupUSA
·Jan. 16, 2019

Experian Reports Default Rates Increased in December

S&P Dow Jones Indices and Experian recently released data through December 2018 which showed that default rates across all loan...
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FintechNews RoundupUSA
·Jan. 16, 2019

SoFi Continues Push into Banking Services

With SoFi Money becoming live SoFi now offers a bank account they bill as a hybrid between a savings and...
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FintechNews RoundupUSA
·Jan. 16, 2019

Open Banking a Revenue Grower for Bankers

A new study released by Accenture says bankers now have high expectations for Open Banking as half of those surveyed...
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FintechNews RoundupUSA
·Jan. 16, 2019

Securitization in Marketplace Lending Slowed in Q4 2018

Issuance in Q4 2018 totaled $2.6 billion, the slowest pace of issuance in 5 quarters; this represented a decrease of...
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FintechNews RoundupUSA
·Jan. 16, 2019

Comptroller Otting Discusses Fintech Charter Concerns

Otting said Wednesday to reporters that no firms considering the OCC Fintech Charter have mentioned concerns about the Fed standing...
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FintechNews RoundupUSA
·Jan. 16, 2019

Fiserv Broadens Offerings With $22B First Data Acquisition

In an all-stock transaction of $22 billion, Fiserv has acquired First Data. The acquisition will allow Fiserv to now offer a...
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FintechNews RoundupUSA
·Jan. 17, 2019

“Smoooth” Move by Klarna Turning to Snoop Dogg

Payment provider Klarna has turned to famed raper Snoop Dogg to be the face of a major campaign called “Get...
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