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FintechNews RoundupUSA
·Feb. 19, 2020

81 Percent of Amex Cardmembers Engage Digitally

The Head of Amex’s mobile app, Stewart Kendall, sat down with the Tearsheet Podcast to discuss the shift in customer...
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FintechNews RoundupUSA
·Feb. 19, 2020

Chime Hopes to Entice More Customers with High Interest Rate

Chime currently has 8 million customers and half of them leverage Chime for direct deposit; in 2018 Chime reported 1...
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FintechNews RoundupUSA
·Feb. 19, 2020

Funding U Finds Success and Roadblocks in Reinventing Student Lending

Funding U launched in 2016 to help students fund their education by using academic performance as a predictive credit model;...
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FintechNews RoundupUSA
·Feb. 18, 2020

Consumers Show Big Appetite for Marcus Checking Account

According to a survey by Cornerstone Advisors 8.2 percent of respondents said they will open a checking account with Marcus...
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FintechNews RoundupUSA
·Feb. 18, 2020

YieldStreet Creates New Fund with BlackRock as Sub-Adviser

It was a month ago that YieldStreet shared that they had partnered with Citi to offer their investors access to...
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FintechNews RoundupUSA
·Feb. 18, 2020

JPMorgan Sets Requirements on Data Access for Fintechs

In the past some fintech companies and financial aggregators have accessed JP Morgan customer data by using user’s passwords; JP...
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FintechNews RoundupUSA
·Feb. 18, 2020

FCA Warns Retail Investors About P2P Lending in Annual Report

The Financial Conduct Authority (FCA) has released their annual Sector Views report; it warned of high-risk retail investments, calling out...
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FintechNews RoundupUSA
·Feb. 14, 2020

Senators Probe Online Lenders Use of Education Data in Lending

Sens. Sherrod Brown, D-Ohio, Elizabeth Warren, D-Mass., and three other Democratic senators sent a letter to Upstart Network and other...
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FintechNews RoundupUSA
·Feb. 14, 2020

Crypto Lender BlockFi Raises $30M Series B

BlockFi provides US-dollar loans to consumers backed by bitcoin or ether; yesterday, they closed on a $30 million Series B...
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FintechNews RoundupUSA
·Feb. 14, 2020

Numerated Doubles Down on SMB Offerings

Bank technology provider Numerated has expanded their small business offerings after clients were asking the firm to push further in...
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