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FintechNews RoundupUSA
·May. 19, 2020

Visa’s Digital Dollar Could Help Push Central Bank Digital Currencies

The U.S. Patent Office published a Visa patent application from November that would create a gateway to allow for central...
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FintechNews RoundupUSA
·May. 18, 2020

Starling Bank Sees Strong Demand for Bounce Back Loans

AltFi reports on Starling’s progress in participating in the Bounce Back Loan program; so far they have received 18,000 applications...
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EuropeFintechNews RoundupUSA
·Jun. 7, 2019

Announcements & Releases for June 7, 2019

‘We want to figure out what they’re doing differently’: Why KeyBank acquired millennial lender Laurel Road House of Gigs to...
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FintechNews RoundupUSA
·Sep. 18, 2017

Credit Karma Offering Free ID Monitoring

Following the Equifax hack, Credit Karma is offering a free service that will alert customers if their information has been compromised; the service is currently being tested and will be available sometime in October; the company accelerated the launch due to the large breach at Equifax and has seen a 50% increase in signups following the hack. Source

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FintechNews RoundupUSA
·Feb. 24, 2020

Intuit to Acquire Credit Karma for $7 Billion

Over the weekend we learned that Intuit, the makers of TurboTax, Mint and Quickbooks, is close to acquiring Credit Karma,...
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FintechNews RoundupUSA
·Aug. 28, 2017

SEC Freezes Trading for Publicly Listed Bitcoin Exchange Company

The trading suspension was announced for American Security Resources Corp. (ARSC) on August 24, 2017; the suspension will be effective until September 8, 2017; according to the SEC, "The Commission temporarily suspended trading in the securities of ARSC because of questions that have arisen regarding publicly available information about the company in press releases on OTCMarkets.com, dated August 1, and August 8, 2017, concerning, among other things, the company's business transition to the cryptocurrency markets and early adoption of blockchain technology."; the SEC has suspended trading on at least two other companies involved in bitcoin that are listed on the OTC markets. Source

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FintechNews RoundupUSA
·May. 12, 2020

Biz2Credit Small Business Lending Index Shares Record Low Loan Approval Rates

Approval percentages for small business loan applications at banks with $10+ billion in assets fell to 8.9%, down from 15.4%...
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FintechNews RoundupUSA
·May. 9, 2018

Announcements & Releases for May 9, 2018

Avaamo Raises $14.2M in Series A Funding BBVA Launches Global Payments System to Include Cards, Alternative Payment Forms, & Fraud-Prevention...
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FintechNews RoundupUSA
·Apr. 24, 2020

The $60 Billion Carve Out for Small Lenders Won’t Solve PPP Problems

Congress tried to solve the problem of large businesses obtaining loans from the PPP by giving more money to smaller...
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FintechNews RoundupUSA
·Feb. 26, 2020

Stakeholder Capitalism Starts to take Hold in Fintech

Writing in Forbes, Founder and CEO of the Financial Health Network, Jennifer Tescher discusses how stakeholder capitalism has helped to...
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