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FintechNews RoundupUSA
·May. 28, 2020

Walmart and Green Dot’s Moneycard Resembles Neobank Offering

Walmart and Green Dot first partnered in 2006 with the Walmart Moneycard, this January they extended that partnership another seven...
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FintechNews RoundupUSA
·May. 28, 2020

Nigel Morris Shares Why Now Is the Time for Banks to Buy Fintechs

Nigel Morris previously co-founded and served as president and COO of Capital One; Morris is now an VC at QED...
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FintechNews RoundupUSA
·May. 28, 2020

Samsung and SoFi Officially Unveil Samsung Money by SoFi

We had already known about the partnership between SoFi and Samsung, but today the companies have officially unveiled Samsung Money...
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FintechNews RoundupUSA
·May. 28, 2020

American Express Accelerates Transition to the Cloud

American Express started making the slow transition a few years ago to cloud computing but the pandemic forced wide adoption...
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FintechNews RoundupUSA
·May. 28, 2020

Digitally Focused Banks Hold Big Advantage as All Banks Make Digital Pivot

Last year Accenture ACN issued a digital banking report showing the gap between banks who are digitally focused and those...
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FintechNews RoundupUSA
·May. 28, 2020

Mobile Banking Trends Likely to Continue After Crisis Ends

According to Fidelity National Information Services (FIS) there was a 200 percent jump in new mobile banking registrations in early...
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FintechNews RoundupUSA
·May. 28, 2020

Santander InnoVentures Invests in a55

Santander InnoVentures has led a $5 million round in the SME lender a55; a55 currently lends in both Brazil and...
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FintechNews RoundupUSA
·May. 27, 2020

Ransomware Attacks on Bank Vendors Rise

There has been a number of ransomware attacks recently on bank vendors including Finastra, Diebold Nixdorf, Cognizant and Pitney Bowes;...
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FintechNews RoundupUSA
·May. 27, 2020

Credit-Card Fraud Attempts on the Rise

FIS reports that credit and debit card fraud attempts have increased since the coronavirus hit the US; the dollar volume...
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FintechNews RoundupUSA
·May. 27, 2020

Unintended Consequences of the Bounce Back Loan Scheme

The Bounce Back Loan Scheme has helped to extend billions in capital to businesses who sorely needed it, though there...
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