Can Banks Solve their Small-Dollar Loan Problem with Fintech Partnerships?
Aura, a San Francisco-based fintech offering affordable loans to low to moderate-income households, wants to partner with banks to offer ...
Tag: fdic
5 Companies that Made Fintech Noise in 2018
Bank Innovation’s five picks for companies that made noise in fintech this year may not include any banks, but it ...
5 People to Watch in 2019
Bank Innovation’s list of people to watch in 2019 include the head of a large bank, the head of a community ...
Square Will Reapply for Banking License with the FDIC After Last Week’s Withdrawal
Payment processor Square has withdrawn its application to become a deposit-taking bank, a move similar to online lender Social Finance ...
Coinbase Seeks Bank Charter to Attract More Institutional Customers
Cryptocurrency is going mainstream, or rather, banks and cryptocurrency exchanges are growing more enmeshed. Jamie Dimon and Warren Buffett may ...
PayPal Bank Partnerships Allow It to Offer Banking Features
Bank of PayPal, anybody? Well, according to a report by the Wall Street Journal, the payments company has been reaching ...
SoFi’s Bank Charter Has Almost No Chance, Former SEC Chairman Says
SoFi’s hopes of becoming a bank have most likely been crushed after the departure of former CEO Mike Cagney, Securities ...
Will an OCC, FDIC Charter Help Varo Money Become the First National Mobile Bank?
Want a national bank that’s mobile-only? So does Varo Money. Varo applied for a banking charter from the Federal Deposit ...
Enforcement Actions Against Banks Reached Record Low in 3Q
This past quarter saw the lowest number of enforcement actions against financial institutions since 2013 (though there were some prominent cases in the ...
Details on the FDIC Security Breach by Chinese Spies [VIDEO]
How Chinese spies hacked into computers at the Federal Deposit Insurance Corporation from 2010 until 2013 -- and American government ...
