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FintechNews RoundupUSA
·May. 20, 2020

Citigroup Buying PPP Loans from Minority-owned Banks

Citigroup is committing $50 million to buy PPP loans from minority-owned depository institutional; the loan purchase program is in partnership...
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FintechNews RoundupUSA
·May. 20, 2020

Iwoca Now Participating in CBILS Program

The alternative lender has now received authorization from the British Business Bank to provide loans under the Coronavirus Business Interruption...
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FintechNews RoundupUSA
·May. 20, 2020

Afterpay Crosses 5 Million Active Customers, Sees Significant Uptick During COVID-19

Afterpay operates in the buy now, pay later space and is a similar offering to other fintechs like Affirm and...
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FintechNews RoundupUSA
·May. 20, 2020

Happy State Bank Sees Digital Tools Beneficial Beyond Current Crisis

Happy State Bank in Texas started using digital tools in a bigger way starting in October when they partnered with...
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FintechNews RoundupUSA
·May. 19, 2020

Plaid Launches Plaid Exchange to Further Open Banking

Ron Shevlin writing in Forbes gives his perspective on Plaid’s launch of Plaid Exchange or PX; According to the press...
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FintechNews RoundupUSA
·May. 19, 2020

Visa’s Digital Dollar Could Help Push Central Bank Digital Currencies

The U.S. Patent Office published a Visa patent application from November that would create a gateway to allow for central...
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FintechNews RoundupUSA
·May. 19, 2020

Jamie Dimon Says Crisis is a Wake-Up Call for Fairer Economy

JPMorgan Chase CEO Jamie Dimon says the current crisis is a wake up call for both government and business to...
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FintechNews RoundupUSA
·May. 19, 2020

Wells Fargo’s Tech Chief Discusses Impact of the Pandemic

Saul Van Beurden, Head of Technology at Wells Fargo, sat down with American Banker to talk about the bank’s response...
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FintechNews RoundupUSA
·May. 19, 2020

What We Learned from the Leaders in Fintech

Last week we kicked off LendIt Fintech Digital, an ongoing initiative from LendIt Fintech to bring the fintech community together;...
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FintechNews RoundupUSA
·May. 19, 2020

Goldman’s Marcus Continues to Lower Interest Rate on “High-Yield” Savings Account

Last year many consumers were able to earn around 2% on savings accounts from the leading banks; since then rates...
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