In her latest Forbes column, the CEO of the Financial Health Network, Jennifer Tescher, takes note of the societal shift...
According to a new report by CB Insights the most recent 5 quarters show that big investments in fintech companies from banks has slowed down; banks are instead beginning to develop and update core technology in house; Wells Fargo, Morgan Stanley, JPMorgan Chase and others have all developed and released their own digital investing and advising services; service provides like Diebold are offering the banks a chance to move all infrastructure online so they can focus on customer facing tools; banks are still working through transformation as almost all have now realized if they do not upgrade legacy tech they will be left behind. Source.
The Linux Foundation has agreed to acquire the Fintech Open Source Foundation (FINOS) and will allow the group to operate...
[Editor’s Note: This article shares my own personal experience in refinancing my home. Better had no idea who I was...
Midwest BankCentre in St. Louis has launched a digital only bank, Rising Bank, in a bid to stay competitive and...
American Banker reports that digital banking startup Chime is close to raising $300mn in fresh capital; DST Global is said...
Joust is a new digital bank that is focused on the growing segment of gig economy workers and freelancers; they...
Swedish fintech startup Klarna, who along with Revolut are valued as the highest fintechs in Europe, took an annual loss...
Chris Tremont, head of Radius’ virtual bank, joined the Tearsheet podcast to talk about how the bank has used fintech...
According to Beth Knickerbocker, the OCC’s Chief Innovation Officer, the pilot program for banks to test innovative products will be...