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FintechNews RoundupUSA
·May. 28, 2019

Robinhood Has Big Fundraising Plans Ahead

According to The Information fintech startup Robinhood has big plans for fundraising rounds in the near future; the publication says...
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FintechNews RoundupUSA
·May. 28, 2019

Other Banks Expressed Interest in Bringing Apple Card to Fruition

According to CNBC, Citigroup was also in discussions with Apple for their newly launched credit card; the bank pulled out...
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FintechNews RoundupUSA
·May. 29, 2019

Northwestern Mutual Investing More into Fintech and Insurance Innovation

Northwestern Mutual is creating a second venture fund which will invest between $500,000 and $5 million in Series A/B rounds...
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FintechNews RoundupUSA
·May. 29, 2019

Bank of America’s AI Assistant Reaches 7 Million Users

Bank of America’s AI powered digital assistant Erica has now reached more than 7 million users with over 50 million...
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FintechNews RoundupUSA
·May. 29, 2019

Takeaways From Global Payments TSYS Merger

The merger trend in the payments space continues with the $21.5bn deal between Global Payments and TSYS; American Banker takes...
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FintechNews RoundupUSA
·May. 29, 2019

Wealthfront Leading the Way in Deposit Rates

The competition for deposits continues as Wealthfront has raised the interest rate on their cash account from 2.29% to 2.51%;...
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FintechNews RoundupUSA
·May. 29, 2019

Regulators are Wary of New Facebook Crypto Project

The news that Facebook is building their own cryptocurrency has regulators nervous on many fronts including money laundering and know...
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FintechNews RoundupUSA
·May. 29, 2019

CNBC’s Cramer Says PayPal is Worldwide Leader in Payments

CNBC personality Jim Cramer says PayPal is without a doubt the worldwide leader in payments; the comments come after the...
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FintechNews RoundupUSA
·May. 29, 2019

SoFi Closes $500 Million Round

The round was led by Qatar Investment Authority and values the company at $4.3 billion; they plan to invest in...
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FintechNews RoundupUSA
·May. 30, 2019

Vanguard Leveraging Blockchain to Pull Index Fund Data

Forbes reports that Vanguard is leveraging blockchain technology to ingest data on mutual funds totaling $1.3 trillion of their $5.2...
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