Marqeta Raises New Round at $2 Billion Valuation
The company has finalized their $260 million Series E round which was led by Coatue Management; other investors in the company have included Visa, ...
Plaid Announces “Plaid Direct” for Better Connections Between Fintechs
Today, Plaid announced Plaid Direct which aims to make working with digital banks easier; for example, prior to the new offering users could only ...
Biz2Credit Releases Biz2X Platform for Bank Partners
Biz2Credit already works with HSBC and Popular Bank who leverage their software-as-a-service loan management, servicing and risk analytics product; with the announcement, the platform ...
Galileo Processing Launches Bank Accounts for Financial Advisors
Prepaid card manager Galileo Processing has developed a white label digital banking product exclusively for financial advisors; the bank accounts will allow financial advisors ...
JPMorgan Chase Partners with Kyriba on Real-Time Payments
Fintech firm Kyriba is partnering with JPMorgan Chase on real-time payments which will be a game changer according to the startup; Kyriba will use ...
The Role of Machine Learning in Small Business Lending
Karen Webster of PYMNTS.com interviewed Prashant Fuloria, COO of Fundbox, about the guiding principles for using different data sets in underwriting; Fundbox uses tens of ...
GreenSky Shrugs off Loss of Bank Partner
GreenSky is a point of sale lender which partners with merchants in a variety of verticals; they also work with investors and banks that invest ...
Otting Details Recent Changes at the OCC
Over the last year and a half Comptroller of the Currency Joseph Otting has made quite a few changes at the OCC; he sought ...
Remittance Fintech Pangea Launches Bank Account
Remittance fintech Pangea is launching a bank account tied to their current product due to user based feedback; “It was this idea that the ...
Millennial Delinquency Rising, Fintech Earnings and Regulatory News
In this week’s PeerIQ Industry Update they cover the troubling data of millennial delinquency rising significantly higher than older borrowers; overall the U.S. economy ...