Robinhood Launches 3 Percent Checking & Savings Accounts
Fintech firm Robinhood Financial has launched Robinhood Checking & Savings with a promised 3 percent interest rate; the rate is one the highest in ...
Banks Grapple with How to Use and Implement Cutting Edge Tech
As more banks begin testing with AI based technology, virtual realty and more they are starting to ask the question how can these new ...
Revolut Secures European Banking License
UK based digital banking startup Revolut has secured a European Banking License from the Bank of Lithuania; the license will allow the firm to current accounts, ...
Contis Partners with Visa on Fast Track Banking Program
UK based Contis has partnered with Visa on a fast track program to allow startups to launch Visa pre-paid cards and banking services in as ...
Dawn of 5G Will Fuel Digital Efforts for Fintech, Banks
As 5G gets closer to mainstream introduction, the potential the 5G ecosystem presents for fintech and mobile banking is beginning to come into ...
UK Banks Face Regulatory Scrutiny Over IT Outages
Within the last year UK firms reported a 138 per cent increase in technology outages to the Financial Conduct Authority, 18 percent were cybersecurity related; ...
Strong Economy, New Securitization Deal and Consumer Credit Digest
In this week’s PeerIQ Industry Update they cover the continued strength of the economy as wages grew at 3.1 percent YoY, unemployment stayed at 3.7 ...
Sunrise Banks Uses Fintech Partnerships to Grow and Serve the Underbanked
Minnesota based Sunrise Banks has become more than a traditional community bank by helping to serve the underbanked through prepaid cards and partnering with fintechs ...
Cross River Bank Raises $100 Million Led by KKR
Today, Cross River Bank (CRB), one of the leading banks supporting marketplace lending platforms, has announced they have closed a significant funding round, $100 million, ...
Tally Aims to have their App Become an Invisible Part of Daily Life
The founders of personal finance app Tally say they want the service to become as invisible as a washing machine as they intend to utilize ...