The news marks PayPal’s first investment in a company focused on leveraging blockchain technology; the investment was part of an...
Mastercard announced the new service, Assemble, will allow Mastercard partners to provide checking, budgeting and other money management tools; partners can choose from a white label version or integrate certain functions through an API; the product is geared towards millennials and is part of a wider trend in the market; Tom Cronin, Mastercard's senior vice president of global prepaid product development, said “This technology enables our partners to deliver best-in-class digital experiences today, as we work to address additional segments such as gig economy workers and underserved consumers and micro businesses.” Source.
As more financial services firms beginning using Google, Amazon and Microsoft for cloud based services regulators are starting to take...
The CEO and Co-founder of Varo discusses what is wrong with traditional banks and how his startup digital bank is different. Source
Wells Fargo has added a new tool to their mobile app, Pay with Wells Fargo; the feature will be available...
ID Analytics introduced the Online Lending Network in October 2016 with the goal of providing greater resources to lenders for mitigating fraud; Online Lending Network members access internetwork supplied data and information from ID Analytics for greater detection of fraudulent loan applications and loan stacking; ID Analytics reports that the network has achieved visibility into 75% of US domestic marketplace lending activity since inception with membership increasing by 50% since its launch. Source
Episode 255 features Vishal Garg, the CEO and Founder of Better.com; he discusses the state of the mortgage market with...
The Securities and Exchange Commission proposed significant changes to crowdfunding and Reg A+ in a big to boost the use...
The Paycheck Protection Program has highlighted a number of issues in small business banking that could potentially open the door...
Amazon has been in the news lately for their continued push into banking related services but they are not the only ones making the push; TearSheet looks into three big name retailers also pushing their businesses into finance; Rakuten is Japan’s largest e-commerce site as their footprint includes video on demand, mobile messaging and they also operate the largest online bank in the country; Overstock.com has been building a marketplace for financial services named the FinancHub; two of the U.K.’s largest grocers, Sainsbury and Tesco, have opened banks via joint ventures. Source.