Customers don’t need a Social Security number for new Remitly bank account
Seattle-based remittance startup Remitly is expanding beyond money transfers to a full suite of banking products for new arrivals to...
Retail Banking
Blend piloting digital mortgage closing tool
Blend, a startup that sells its loan application technology to banks, is allowing consumers to close mortgages online. The feature,...
JPMorgan revamps digital strategy team after three leaders exit
JPMorgan Chase & Co. is staking its consumer-banking strategy on digital technology. In 2020, that push will be spearheaded by...
Banking ‘brain’ developer Kasisto raises $22M to expand
While the hype around chatbots and digital assistants may have reached a crescendo years ago, banks and the technology companies...
Majority launches digital banking products for immigrants
Majority, a digital banking platform aimed at immigrant communities, launched to U.S. consumers this week after a four-month beta test....
Digital banking often leads to branch visits, survey says
As consumers increasingly expect to complete bank interactions online, a survey commissioned by Lightico indicates that creating end-to-end digital journeys...
Brainard says Fed studying potential for US digital currency
The U.S. central bank is studying the feasibility of a digital currency, said Federal Reserve Governor Lael Brainard. “Given the...
HSBC to launch robo-adviser and payments products this year
As digital challenger banks expand their product suites, large players like HSBC are quickly evolving their digital offerings to attract and retain customers. Alvaro Teixeira,...
Worldpay taps UK fintech Liberis to offer working capital to US businesses
U.K.-based small business finance provider Liberis has teamed up with FIS-owned payments company Worldpay to offer cash advance products to...
Visa’s Plaid acquisition spurs speculation about Yodlee’s fate
On the heels of Visa's acquisition of data aggregator Plaid for $5.3 billion, industry watchers are questioning whether this might...
