Fintech savings app Digit launched an instant withdrawals feature with the help of JPMorgan Chase to allow users to move...
When Digital launched in 2015 the company used chatbots to help users save money; Ethan Bloch, founder and CEO of Digit tells American Banker “We think chatbots haven’t lived up to their promise,” he said. “So we are done believing they will.”; the company has started using graphical interfaces that users tap for information instead of having them type in queries; this is the second change to the app recently, following the recent decision to charge users. Source.
Executives at U.S. Bancorp said they are looking to increase the number of branch closures beyond the initial 10 to...
A new survey by Cornerstone Advisors examined six questions about consumers primary financial institution and found some interesting trends amongst...
The blockchain startup has now raised a total of $110mn after taking in $40mn in a series B round; Jefferson River Capital led the funding round, which also included new and previous investors; in addition to the fundraising they hired Clyde Rodriguez, a former Microsoft executive, as chief information officer and chief technology officer for engineering. Source.
Bank accounts for small businesses is an area of fintech not yet solved; Azlo is looking to fill that void...
When the world went into lockdown the digital banks were one of the beneficiaries of everyone staying at home; Current...
Digital bank Rho is moving beyond the small companies it initially served to begin working with companies that have 100...
BBVA subsidiary Simple is launching a new product that many would say goes back in time, paper checks; “We heard...
Varo is inching closer to becoming a fully regulated digital bank; they have closed a new funding round, a $241...