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FintechNews RoundupUSA
·Feb. 25, 2020

Quontic Bank Believes it has Built a Digital Bank to Scale

Quontic Bank started with just one branch and about $20mn in assets before CEO Steve Schnall recapitalized and set a...
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FintechNews RoundupUSA
·Feb. 25, 2020

Ken Lin, Co-Founder of Credit Karma to Receive Windfall from Sale

Ken Lin started Credit Karma back in 2007; since then the company has attracted 100 million members and brought in...
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FintechNews RoundupUSA
·Feb. 25, 2020

RBC Has Plans for Consumer Bank in 2020

RBC shared during an earnings call last week that they intend to launch a direct-to-consumer bank in the US in...
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FintechNews RoundupUSA
·Feb. 25, 2020

The Future of Digital Banking can be Driven by Markets and Regulators

Right now the U.S. digital banking market is being driven on two simultaneous tracks with private market solutions and regulation;...
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FintechNews RoundupUSA
·Feb. 25, 2020

Was Intuit the Best Fit for Credit Karma?

In his weekly Forbes column Ron Shevlin of Cornerstone Advisors wonders if Intuit is the best fit to buy Credit...
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FintechNews RoundupUSA
·Feb. 26, 2020

Lloyds Continues Job Cuts in Branches

Lloyds is cutting 780 roles across their branch network; the cut amounts to almost one in 16 of branch-based workers;...
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FintechNews RoundupUSA
·Feb. 26, 2020

JPMorgan Chase On the Lookout for Next Acquisition

JP Morgan CEO Jamie Dimon speaking at the bank’s annual investor meeting stated, “We are looking, and we will be...
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FintechNews RoundupUSA
·Feb. 26, 2020

Venmo Tests Debit Card For Teens Connected to Parents Account

Venmo is reportedly testing a debit card for teenagers that would connect to their parents account; the new card would...
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FintechNews RoundupUSA
·Feb. 26, 2020

Potential Fintech Acquisition Targets

There has already been a flurry of deals in 2020 but Business Insider looks into what fintech companies might be...
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FintechNews RoundupUSA
·Feb. 26, 2020

Streamlining the Way Fintechs Work With Each State

One of the major obstacles for fintech companies has been going state by state to get licensed; however, regulators are...
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