More than 20 million customers use the Starbucks mobile app for payments at least once every 6 months, that is...
Cross River Bank is leveraging its fintech customers to grow its payment transaction services; the firm has digital lending partnerships with 17 companies and is the issuing lender for some of the industry's top marketplace platforms; the firm's business relationships have helped to expand its payments system customers with many of its customers naturally migrating to Cross River Bank's payments system; the firm's CEO Gilles Gades says its payments activity could double next year with help from existing relationships with Stripe and Google Wallet providing access to Mastercard Send; in payments, Cross River currently manages approximately 2 million transactions per month and it sees a substantial opportunity for gaining more market share; industry participants are also watching Cross River Bank's plans for developing a newly branded bank called Almond Bank, which it has recently been investing in. Source
In the latest issue of their biweekly loan performance report dv01 shares that total impairments in online lending have fallen...
Last week interest rates hit an all time low; now some lenders are apparently inflating their advertised mortgage rates on...
According to data from Dealogic, 2019 fintech funding has hit record highs; 87 deals totaling $116.6 billion have been completed...
A new report by Capgemini shows that banks are ahead of the insurance counterparts when it comes to transforming their...
Samsung Pay revealed in a blog post today that it will partner with SoFi to launch a new debit card...
Financial services firms have been anticipating when some of the biggest tech firms, Google, Facebook, Amazon and Apple, will fully...
Sunlight Financial has gained a $130 million investment from Route 66 Ventures for expansion of its residential solar systems lending business; the firm plans to develop new financing products, expand its Charlotte business center and partner with more solar installers; the firm is currently a trusted provider for a network of solar installation companies and offers its credit products through an easy to use online platform. Source
During their most recent earnings call GreenSky announced a new pilot partnership with American Express on home improvement loans; the...