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FintechNews RoundupUSA
·Feb. 7, 2020

JPMorgan Chase Overhauls Digital Strategy Team After Leaders Leave

JPMorgan Chase finds itself overhauling their digital strategy team as they leaders in the unit have moved on to other...
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FintechNews RoundupUSA
·Feb. 7, 2020

How Buy Now Pay Later is Changing the Fashion Industry

Millennials and Gen Z consumers are still wary of credit cards and are looking for alternative payment methods; they are...
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FintechNews RoundupUSA
·Feb. 7, 2020

Banks See Bump in Satisfaction Due to Digital Advice

Banks are starting to see the reward for offering advice through digital channels with the results of a new survey...
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FintechNews RoundupUSA
·Feb. 7, 2020

SEC Commissioner Wants a Three-Year Safe Harbor Period for Crypto Tokens

SEC Commissioner Hester Peirce unveiled a new proposal at a blockchain event in Chicago yesterday for a three year grace...
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FintechNews RoundupUSA
·Feb. 7, 2020

Fiserv Already Seeing Payoff from First Data Acquisition

Fiserv saw $3.7bn in revenue for Q4 2019 with First Data accounting for 61 percent of that total or $2.2bn;...
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FintechNews RoundupUSA
·Feb. 6, 2020

Challenger Banks Are Becoming too Big to Fail

2019 might prove to be a turning point for challenger banks as they turn towards the next decade with the...
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FintechNews RoundupUSA
·Feb. 6, 2020

Challenger Banks Continue the Lending Push

Challenger banks doubled their lending operations to $150bn in 2019 from 2012/13 as they push further into traditional banking lines...
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FintechNews RoundupUSA
·Feb. 6, 2020

Amount Raising New Round, Potential IPO in 2021

We were already aware of Avant’s spinoff called Amount which provides various technology solutions to banks; Amount is now raising...
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FintechNews RoundupUSA
·Feb. 6, 2020

Borrowers From Certain Types of Colleges May be Paying Higher Rates to Refinance Student Loans

The Student Borrower Protection Center released a report which digs into how education data in underwriting may be causing educational...
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FintechNews RoundupUSA
·Feb. 6, 2020

Democrats are Split on Interest Rate Cap Bill

There has long be rumors that there was a split amongst democrats over whether extending the 36 percent rate cap...
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