LendUp focuses on underserved, issues $2B in loans
Installment lender LendUp, which targets customers underserved by the credit system, has hit a milestone of $2 billion financed through...
Retail Banking
Core provider Smiley to grow client deposits
Smiley Technologies, a core banking provider focused on community banks, is trying to help its bank clients secure larger deposits...
Goldman eyes offering small-business loans in deal with Amazon
Goldman Sachs Group Inc. is in discussions with Amazon.com Inc. to offer small-business loans through the tech giant’s platform, according...
Weekly Wrap: N26 grows US customer base, Venmo embeds with brands
Welcome to the latest episode of our Weekly Wrap video series, for the week ending Friday, January 31, 2019. In...
CFPB sues Citizens Bank for failing to respond to credit card disputes
This week, the Consumer Financial Protection Bureau filed suit against Citizens Bank, alleging violations of the Truth in Lending Act...
Compound data: the key to digitized lending
A staggering 90% of small- to medium-sized enterprises fail. Aside from operations and strategy, one of the biggest reasons is...
Stevens of Fifth Third to give fireside chat at Bank Innovation Ignite
Melissa Stevens, chief digital officer and head of digital and design at Fifth Third Bank, will attend and speak at...
US consumers reluctant to embrace contactless payments
While U.S. merchants and consumers believe in quick transactions at the point of sale, a Hanover Research survey commissioned by...
PayPal highlights Venmo profit strategy
PayPal reports that peer-to-peer payments tool Venmo is on a path to profitability. In a fourth-quarter earnings report Wednesday, PayPal...
University of Toronto launches fintech bootcamp to meet local labor demand
With nearly 200 startups, five major banks, 19 venture capital firms and representation from large tech companies like Google, Facebook,...
