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USA

FintechNews RoundupUSA
·May. 14, 2018

Bank of America Discloses Artificial Intelligence Uses

At their NYC Technology Summit Bank of American executives talked about how the firm is implementing artificial intelligence; some of...
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FintechNews RoundupUSA
·May. 21, 2018

U.S. Banks Struggle to Comply with Worldwide Data Regulations

U.S. banks are struggling to comply with new regulations both here in the U.S. and in Europe; U.S. regulators are...
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FintechNews RoundupUSA
·Jan. 28, 2020

Banks Might be Missing the Chance to Better Serve Baby Boomers

One of the biggest trends within banking and fintech is how will companies figure out how to shift their focus...
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FintechNews RoundupUSA
·Oct. 18, 2017

BlueVine Nabs $130mn in Debt Financing

Invoice finance platform BlueVine secured $130mn in debt financing; the financing comes from Silicon Valley Bank, SunTrust Bank, Bank Leumi and TriplePoint Venture Growth BDC Corp.; BlueVine founder and CEO Eyal Lifshitz tells Bankless Times, “Business owners have diverse needs, and by augmenting our product offering, we are able to offer the solution that fits best.” Source.

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EuropeFintechNews RoundupUSA
·Jun. 21, 2019

Announcements & Releases for June 21, 2019

‘Another one?’ Bankers react to Facebook’s digital currency Next decade is set to be transformative for small business finance PwC...
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FintechNews RoundupUSA
·May. 15, 2018

Citizens Financial Looks to Launch Online Only Bank

In a bid to boost their deposit base Citizens Financial is planning to launch a online only bank; the new...
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FintechUSA
·Jun. 9, 2020

Banks Grappling with Rising Cases on Unemployment Fraud

Typically when someone files for unemployment benefits there is a one to two week waiting period to verify the claim;...
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FintechNews RoundupUSA
·Jun. 18, 2019

Facebook’s Libra Borrows from Other Cryptocurrencies

The long awaited white paper for Facebook’s crypto project is out and the details show the social media giant borrowed...
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News RoundupOnline LendingUSA
·Feb. 21, 2017

SoFi Nearing Completion of a $500mn Fundraising Round

Silver Lake Partners is leading the next financing round for SoFi that is expected to add $500 million in new capital for the growing alternative finance company; investors include Japan's SoftBank Group Corp. and several other Asian investors along with DCM Ventures and Third Point; with the completion of the fundraising, SoFi will be valued at approximately $4.3 billion; recent acquisitions and product introductions have helped the firm expand its offerings from student loan refinancings to personal loans, mortgages, wealth management, life insurance and digital banking.  Source

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FintechNews RoundupUSA
·May. 5, 2020

N26 Raises Additional $100 Million

N26 has raised another $100 million which is an extension of their Series D round announced last year; the round...
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