News

White Paper Outlines Need for Smaller Lenders to Collaborate with Fintechs

Community banks and credit unions are struggling to keep up with the pace of innovation due to limited capacity, lack of skills, and limited budget. Given these limitations, smaller lenders must collaborate with fintech companies to meet fast-changing customer demands

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Facebook’s Libra Appoints ex Secretary for Terrorism & Financial Intelligence as its First CEO

The Libra Association, an independent membership organization, announced the appointment of Stuart Levey as its first CEO. Mr. Levey brings to the Association a wealth of leadership experience in the public and private sectors cutting across banking, regulatory policy and

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Stripe Launches Card Issuing Services for Businesses in the US

Payments company Stripe has rolled out a new card issuing product in the US, allowing businesses to create, manage and distribute tailored virtual and physical cards to their customers and employees, the company announced on April 23. Stripe Issuing is

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Microsoft Launches Money in Excel Personal Finance Solution

Fintech applications have given people more control over their personal finances in a myriad of ways, whether it’s paying bills, sending money abroad, or growing their savings. One of the earliest forms of “fintech” is a budgeting spreadsheet. For years,

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8 Undiscovered, Early Stage Fintech Startups from the US to Watch out for in 2020

Throughout the years, the US has produced some of the world’s leading fintechs including popular names such as Acorns, Affirm, Betterment, Credit Karma, Hippo Insurance, Lemonade and Stripe. But the country is also home to a large community of young,

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Brett King’s Moven is Giving Up on B2C to Focus on B2B Instead

Moven has announced a strategic shift to focus solely on promoting their patented wellness technology to enterprise level partners. Plans to spin-off Moven’s consumer-facing business hit a significant snag with major multi-year funding withdrawn as a result of market conditions,

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Revolut Launches in USA

Revolut launched its Financial App and debit card in the United States. Since hinting at a launch last year, Revolut claims it already attracted tens of thousands of U.S. customers. Revolut launched in 2015 with a vision to build a

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WisdomTree: Integration of Blockchain Technology into the ETF Ecosystem

WisdomTree Investments, an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager announced its strategic investment in Securrency, a developer of institutional-grade blockchain-based financial and regulatory technology. Through this investment and its collaboration with Securrency, WisdomTree plans to

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Central Bank Group Including SNB Assess Cases For Central Digital Currencies

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International Settlements (BIS), have created a group to share experience as

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New Report Sheds Light on Booming Challenger Bank Market

The challenger bank trend first emerged in Europe and has progressively gained traction in all parts of the world. Today, challenger banks are growing significantly and attracting big money. According to FT Partners’ newly released The Rise of Challenger Banks:

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