Announcements & Releases for November 4, 2019
IDnow gains $40m funding injection from Corsair Capital Digital Asset, a blockchain startup that nabbed millions from the likes of JPMorgan, Goldman, and Citi, ...
Op-ed: OCC can’t claim victory despite dismissal of fintech charter suit
Todd Baker provides his perspective on the current status of the OCC Fintech Charter in American Banker; the District of Columbia recently ruled that ...
New Offering Aims to Help Gig Economy Workers
PNC’s fintech incubator numo has released their first product with a tool called indi; it is designed for the self-employed and those in the ...
What Will Come of All of the Automated Advice Platforms
Banks like Wells Fargo and Bank of America have taken note of their finch competitors and now offer services like automated advice; in contrast, ...
RBS in Discussions with Facebook Regarding Libra
Yesterday we shared that no banks had yet signed up as partners for Facebook’s Libra; today we learned that Royal Bank of Scotland is ...
Revolut Hires Banking Veteran as New COO
Leading UK fintech company Revolut has hired Richard Davies as their new Chief Operating Officer; Mr Davies formerly held senior positions at TSB and before ...
Stripe, Will Smith Invest in Teen Banking Startup Step
Stripe led the $22.5 million Series A round in the startup which offers a mobile banking solution for teenagers; Will Smith participated through his ...
Mastercard Partnering With Payments Fintech Yoyo Wallet
Mastercard is launching a partnership with UK fintech Yoyo Wallet; Yoyo is a mobile wallet that can be used at point of sale to earn ...
Tink Announces That PayPal Has Become a Strategic Investor
Tink raised €56 million in new funding in February and today it announced a further investment of €1o million from PayPal; Tink is a Swedish ...
Creighton University Offering Degree in Fintech
The new degree in Finance and Technology will be offered come fall; about half of the coursework will be new classes which focus on ...