New Challenger Bank Point Has Closed a $10.5 Million Series A
Fintech banking app Point (not be to be confused with the real estate fintech) has announced its first major round of fundraising and that it ...
Banks Can Find Huge Opportunity in SMB Accounting & Payments
The Paycheck Protection Program resurfaced the accounting and payments difficulties that many small businesses have and a potentially huge opportunity for banks; as Ron ...
Chime Launches Credit Builder, a Credit Card That Acts Like a Debit Card
Leading digital bank Chime has launched an innovative new credit card called Credit Builder; surveys have shown that most millennials prefer debit cards to credit ...
Netflix Shifting $100mn to Lenders that Serve the Black Community
The online streaming giant says they will shift 2 percent of cash on hand or $100mn to banks that serve the black community; Netflix ...
solarisBank Secures €60mn Series C Funding Round
Germany-based banking as a service platform solarisBank announced it secured €60mn series C investment round; the round was led by HV Holtzbrinck Ventures with participation ...
Startups Looking to Solve Racial Inequality in Banking
According to data from the FDIC as recently as 2017 about 17 percent of Black households and 14 percent of Hispanic families lack basic ...
Transferwise to Launch Investment Offering in the UK
Transferwise has obtained a license from the UK’s Financial Conduct Authority to offer retail investments to clients; while Transferwise has been primarily focused on international ...
Automation in Call Centers Becomes a Key Tool for Banks and Fintechs
With the onset of Covid, banks and fintech companies have seen their call volumes go from thousands a day to hundreds of thousands a ...
How the FDIC and OCC View the Future of Digital Banking
Financial Health Network CEO Jennifer Tescher hosted a panel featuring Federal Deposit Insurance Corp. Chairman Jelena McWilliams and acting Comptroller of the Currency Brian ...
Head of Brand and Marketing for Marcus Talks Digital Banking
The Financial Brand interviewed Dustin Cohn, the head of Brand and Marketing for Marcus by Goldman Sachs; he discusses how Marcus views their brand and ...