Decentralized Finance (DeFi) on public blockchains is one of the most interesting and quickly growing technological innovations in financial services;...
Pepper Hamilton will be hosting a webinar on Tuesday, January 24 at 12:00 PM EST providing insight on the considerations for fintech companies interested in applying for the new fintech charter; topics will include fintech charter advantages, the application process, OCC requirements, OCC oversight and capital requirements; the panel will include Pepper Hamilton lawyers with OCC experience; participants can register here.
The volatility in the stock markets has put stock trading apps at the forefront of fintech in recent months; Robinhood...
Reg. CF crowdfunding platform, Wefunder, is now accepting Bitcoin; Wefunder has taken the lead on Reg. CF crowdfunded investments accounting for 33 of 46 offerings; after numerous requests from its investors the platform has been able to incorporate Bitcoin investments; says the acceptance of Bitcoin will make it even easier to invest in early stage companies. Source
Welcome Technologies has launched a new digital bank account in partnership with Green Dot; called PODERcard it is targeted at...
Wells Fargo is still digging out from a PR disaster last week when the bank went offline for a large...
Wells Fargo has added a new tool to their mobile app, Pay with Wells Fargo; the feature will be available...
Wells Fargo currently has capacity to lend $10 billion to small businesses under the $349 billion government program; not surprisingly,...
While most banks still do not offer a forecasting type feature Wells Fargo has added it to enhance their app experience; the bank says a customer can receive 50 different messages based on their account activity; “Having information in the palm of their hands can help lead customers to take action and make more informed financial choices,” Steve Ellis, who heads the bank’s innovation group, said in a press release reported by American Banker; the bank has had their share of issues recently but innovation has been one area where the company has excelled. Source.
Wells Fargo was one of the first banks to use online banking back in the 1990s but now finds itself...