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FintechNews RoundupUSA
·Mar. 30, 2020

Record Jobless Claims, Stimulus Relief and Fintech’s Role in the Crisis

In this week’s PeerIQ Industry Update they cover the explosion in jobless claims with a record setting 3.28mn as fears...
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FintechNews RoundupUSA
·Mar. 30, 2020

Moven’s Brett King Discusses Shift to Moven Enterprise

Moven announced last week they would shutter their challenger bank offering and all accounts would be closed by April 30th;...
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FintechNews RoundupUSA
·Mar. 30, 2020

NuBank Makes Their Mark Across Latin America

NuBank started back in 2013 with $2mn in seed capital with the idea of fighting the bureaucracy and complexity of...
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FintechNews RoundupUSA
·Mar. 30, 2020

Lenders Begin Tightening Credit Standards

Lenders of all stripes are starting to review their lending criteria as they anticipate seeing a wave of applications from...
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FintechNews RoundupUSA
·Mar. 30, 2020

Fintechs Authorized to Make Small Business Loans as Part of Government Stimulus

Last week the government passed the CARES Act which included $349 billion in loan guarantees for small businesses; we also...
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FintechNews RoundupUSA
·Mar. 31, 2020

More News for March 31st, 2020

Backed by PayPal founder Max Levchin, new challenger bank HMBradley launches Biz2Credit Introduces Biz2X Accelerate SBA Platform For Banks &...
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FintechNews RoundupUSA
·Mar. 31, 2020

Crisis Could Lead to a Change in How Employees Receive Pay

Early wage access startups like DailyPay and Earnin are seeing a big uptick in usage as workers look to gain...
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FintechNews RoundupUSA
·Mar. 31, 2020

LendingClub Increasing Interest Rates

LendingClub is increasing their interest rates to new borrowers ranging from 2% to 4% depending on the loan grade; LendingClub...
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FintechNews RoundupUSA
·Mar. 31, 2020

Phishing Scams Jump More Than 600 Percent

With more than 75 million people now working from home the fraudsters have ramped up their phishing attacks with a...
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FintechNews RoundupUSA
·Mar. 31, 2020

Citizens Bank of Edmond Revamps Overdrafts with Help from Mark Cuban

One of the most innovative community banks is now doing its part to help customers a better handle the current...
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