Three major US banks make up half of 2020’s $11.39bn fine total
Together, Goldman Sachs, Wells Fargo, and JPMorgan Chase paid $7.85 billion of this total.
Together, Goldman Sachs, Wells Fargo, and JPMorgan Chase paid $7.85 billion of this total.
AxiomSL’s services cover more than 110 regulators across 55 jurisdictions.
The US neobank will operate out of Chicago to challenge small business lending in the US.
“We help people build credit by looking at how and where they spend their money.”
Regional US bank stand up digital branc with help from Nymbus.
The start-up says it has doubled its valuation in just over a year.
How banks can make more strategic use of their content, developing applications at speed that transform services & user experiences.
TreeCard, set to launch next year, is made of sustainable cherry tree wood.
Payments processing firm plans to branch out from Europe and South East Asia.
FundThrough aims to eliminate the “wait” for SME payments
Paystack has 60,000 business customers across Nigeria and Ghana.
The bank claims Plaid is violating its trademark and tricking customers into handing over data.
Bank says CSI has been behind it “all the way.”
CUNA has been an early-stage investor in CuneXus since 2017.
Williams likens it to the “Russian doll effect”.
The guide to economic advantages of on-premises object storage vs public cloud for enterprise data storage.
FinTech Futures’ weekly news round-up.
Wealthsimple serves some 1.5 million users.
The OCC found examples in 2016 and 2019 of failure to oversee third party companies.
The JPMorgan Chase app has around 39 million ‘active’ customers.
Military-supporting lender found to have failed risk management.
Of its 15 investments, three were founded by Revolut alumni.
Richard Hodgson, Shaun Puckrin, and Jerome Gudgeon join the payments firm.
Each month, the digital challenger promises to gift $10,000 to Black or Latinx businesses.
“This shows Visa’s commitment to onboard other companies which develop crypto.”
“We want to invest in products, in customers and invest in continuing to grow globally,” says Marqeta.
72% banks have seen an increase in the integration of corporate banking APIs this year. What’s you organisation doing?
Fintechs in the BNPL space have seen their valuations rocket.
The fintech is piggybacking off Texas-based Spur Security Bank.
“The heavy lift will be the technology upgrade, which [the regulators] will micromanage.”
FinTech Futures’ weekly news round-up.
“We have a larger obligation to deliver fairness.”
BoA has acquired approximately 5% of the bank’s common equity.
The fintech allowed consumers to invest in Notes, corresponding to fractions of loans.
All merchants can upload their logos at logo.ethoca.com for inclusion in online banking and payment apps.
The undisclosed strategic injection sees Citi deploy some Genesis tech.
Educate, advocate, invest: It’s not enough for companies to pay lip service.
The new tech “enables non-IT staff to take multiple complex data sets and compare them within seconds”, says CIO.
Goldman reportedly beats Barclays to nab consumer credit pool worth $8.5bn.
Costs, compliance and confusion need to be solved by new technology, says panel.