After seeing more than 25 percent growth of mobile users in 2017 Citi’s mobile banking app is now poised to...
Banks are finally beginning to offer an automated loan application for new and used vehicles through partnerships with fintechs; this...
Wells Fargo was in the news for all the wrong reasons last week as a reported fire triggered an outage...
Square reported earnings yesterday, reporting year over year gross payment volume of 25%, a figure they also delivered in the...
There are currently no active bitcoin ETF proposals in front of the SEC with VanEck, SolidX and Cboe BZX Exchange withdrawing...
In this Forbes op-ed Ron Shelvin shares his thoughts on how the Robinhood checking account was doomed to fail; besides...
The WSJ reports that credit card, personal, auto and student loan debt is slated to top $4 trillion in 2019;...
Schwab Intelligent Portfolios now boasts $24 billion assets under management and has hired Cynthia Loh, the ex-general manager of Betterment for Business; article reports on Schwab’s robo-advice platform growth, the cannibalization the firm saw with the offering, and what the new hire might mean for Schwab’s future plans. Source
Lending Times reports on the business model created by Unison to improve the affordability of home ownership in the United States; the firm has developed two main products, a HomeOwner and HomeBuyer product, that are based on an investment model rather than a lending model; as a real estate investor the firm provides capital for borrowers and shares in the gain or loss of the real estate property's value; Unison and other innovative real estate businesses participated in a panel at LendIt USA 2017 titled, "The New Era of Buying & Selling a House" sharing further insight on how fintech innovation is evolving in residential real estate. Source
After several years of tightening credit requirements for business loans over the last couple of years more banks have been...