A recent report commissioned by Pepper, a 100% mobile bank created by Israel’s leading bank Bank Leumi, claims retail banks are seriously...
In the last 5 years HarborOne Bancorp has converted from a credit union to a mutual bank, became 45 percent...
Google Cloud has added a new security layer to their cloud offering to better protect customer data. Confidential Virtual Machines,...
Digital wealth management startup Wealthsimple raised $75mn from the digital investment arm of Germany’s Allianz, Allianz X, along with early...
Finances are some of the most stressful parts of our lives and the current crisis only exacerbates issues that already...
Orchard has been working for a long time on their new platform called Orchard Deals; the platform has been redesigned from the ground up and boasts more than just a secondary market; features include deal listings, capital management, advanced analytics, data services and news & insights; Peter Renton from Lend Academy spoke with Orchard CEO Matt Burton and outlines what’s new in the blog post. Source
Keith Noreika, the acting Comptroller of the Currency recently signed the first full-service de novo national bank charter since the financial crisis to Winter Park National Bank of Florida; Noreika believes there are still too few new banks and part of the problem is the onerous process; Noreika outlines the lengthy process and discusses his suggested changes in his testimony back in June. Source
Fintech startup Dave began rolling out their new bank account in May to a waiting list of two million people;...
Stash has quickly become one of the hottest fintechs and the company has seen continued success during the current pandemic;...
Unison offers funds for a down payment in exchange for a home ownership stake; in the case of one California homebuyer, the company matched their 10% down payment and required no monthly payments; instead the borrower must repay Unison with the sale of their house plus 35% of any real estate gains incurred from the sale; a handful of companies are offering similar real estate products including Point which offers cash-for-equity arrangements for existing homeowners. Source