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·Jun. 22, 2020

Savings and Budgeting Apps Find Success in Lockdowns

Budgeting tools from Fifth Third Bancorp, Radius Bank, Simple in partnership with BBVA USA and others are seeing a big...

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Fintech News Roundup USA

·May. 6, 2019

BBVA’s U.S. CEO On Investments in Technology

BBVA is well known for being a leader when it comes to adopting new technology; back in 2011 they sought...

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News Roundup Online Lending USA

·Feb. 13, 2017

ABA Announces Akouba as Marketplace Lending Partner

The American Bankers Association (ABA) has endorsed Akouba as its marketplace lending partner; Akouba offers cloud-based white label technology for online business lending; the firm was chosen by evaluation from Aditya Khurjekar, CEO of Let's Talk Payments, and oversight from the ABA's Endorsed Solutions Banker Advisory Council. Source

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Fintech News Roundup USA

·Dec. 5, 2017

CBOE Set to Launch Bitcoin Futures on December 10th

The CBOE will launch bitcoin futures on Sunday December 10th and said that trading will be free for the first month; “We are committed to encouraging fairness and liquidity in the bitcoin market. To promote this, we will initially offer XBT futures trading for free,” commented Ed Tilly, Chairman and Chief Executive Officer of CBOE; CBOE’s bitcoin futures will trade on CFE un the ticker XBT. Source.

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Fintech News Roundup USA

·Apr. 24, 2020

Digits Launches with $22mn Series B Round

Small business expense monitoring startup Digits is launching after two years in stealth mode; the company has raised a $22mn...

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News Roundup Online Lending USA

·Jan. 30, 2017

PayPal Discusses Potential Amazon Partnership

PayPal's fourth quarter earnings release revealed a number of interesting developments for the company; the firm has been steadily growing its partnerships with e-commerce businesses which has helped increase the number of payment transactions per customer; in the fourth quarter PayPal reported 31.1 transactions per active customer which was an increase from 30.2 in the previous quarter and 27.5 in the comparable quarter; PayPal's CEO Dan Schulman has also discussed a new partnership with Amazon that would allow Amazon customers to pay for purchases with PayPal which would further support increases in its customer account activity. Source

PayPal Earnings Report

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Fintech News Roundup USA

·Jan. 3, 2019

Auto Financing in the Digital Age

Banks are finally beginning to offer an automated loan application for new and used vehicles through partnerships with fintechs; this...

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Fintech News Roundup USA

·Aug. 29, 2017

Investor Alert from SEC on ICOs and Fraud

The SEC's Office of Investor Education and Advocacy has issued an alert to investors, warning them about potential scams with companies claiming to be involved with ICOs; according to the report, fraudsters may use new technology such as ICOs to defraud customers in various ways; discusses recent trading suspensions, pump-and-dump, market manipulations and tips for investors. Source

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News Roundup Online Lending USA

·Mar. 29, 2017

NYDFS Examining Online Lenders

The New York Department of Financial Services continues to thoroughly investigate the business practices of online lenders; a proposal is in process that would require increased regulation for online lenders; specifically new regulations would be instituted for all lenders making personal loans of $25,000 or less and business loans of $50,000 or less and would also apply to online lenders involved in soliciting loans and buying loans. Source

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Fintech News Roundup USA

·May. 6, 2020