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FintechNews RoundupUSA
·May. 24, 2018

Lend Academy Article: GreenSky Completes Largest Fintech IPO of the Year

GreenSky, the point of sale lender went public today, raising $874 million; the company is profitable, has high margins and...
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FintechNews RoundupUSA
·May. 24, 2018

The OCC Wants Banks to Start Making Riskier Loans to Compete With Payday Lenders

The Office of the Comptroller of the Currency (OCC), a national bank regulator, said yesterday that it encourages financial firms...
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FintechNews RoundupUSA
·May. 24, 2018

Federal Reserve Keeping Close Eye on Amazon and Other Tech Companies

According to Bloomberg, Fed Vice Chairman Randal Quarles is concerned about tech companies providing financial services; while no moves have...
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FintechNews RoundupUSA
·May. 24, 2018

Federal Reserve Report Shows Why Small Businesses Seek Financing

The 2017 Small Business Credit Survey from the Federal Reserve shows that nearly 60 percent of small businesses applied for financing...
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FintechNews RoundupUSA
·May. 23, 2018

Phone Payments over Auto Loans

Bloomberg reports that consumers are prioritizing mobile phone payments over their auto loans; the shift has come as mobile devices...
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FintechNews RoundupUSA
·May. 23, 2018

Plaid Expands Internationally to Canada

Digital banking fintech Plaid has expanded to their first international market in Canada; they have been running in beta for...
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FintechNews RoundupUSA
·May. 23, 2018

SMBs Starting to Become more Satisfied with Fintech Lenders

A new survey by 12 Federal Reserve banks says 35 percent of small business owners who received loans from fintech...
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FintechNews RoundupUSA
·May. 23, 2018

Radius Bank Begins Rewards Program

Digital only Radius Bank has announced a new rewards program with enhanced benefits like increased transaction limits and cash back...
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FintechNews RoundupUSA
·May. 23, 2018

Community Based Seacoast Banking Partners with SmartBiz Loans

Seacoast Banking has partnered with SmartBiz Loans to improve their SBA Lending process; Julie Kleffel, Seacoast’s community banking executive tells...
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FintechNews RoundupUSA
·May. 23, 2018

Smaller Banks Capitalizing on Crypto

While most big banks are reluctant to enter into the crypto space, many smaller banks are capitalizing on the opportunity;...
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