The debate over the Office of the Comptroller of the Currency (OCC) granting specialty limited bank charters for financial technology companies is back, now with the addition of cryptocurrency and a ...
Twenty years ago, or so, consumers had limited options for checking accounts: there was the choice between chartered banks or credit unions. Fast forward to today and consumers have a dizzying ...
A fintech founder ؜walks into a ‌sponsor ‌bank meeting ؜carrying ‍‌the kind of metrics ؜investors ‍؜‌‍usually ‍chase. Revenue ‌trends point ‌upward. Customer ؜‍؜‍logos look ‌recognizable. The ...
Lead Bank, a 97-year-old financial institution based in Missouri, has reportedly raised $70 million in a funding round, propelling its valuation to $1.47 billion. This achievement, reported by ...
SoFi CEO Anthony Noto said the fintech bank will bring back cryptocurrency investing this year after a "fundamental shift" in the regulatory landscape under the Trump administration. SoFi was forced ...
Many banks are battening down the hatches on fintech partnerships to mitigate risk more effectively. And with good reason, ...
Scaling these partnerships takes more than innovation; it requires strategic alignment, operational readiness and accountability across the organizations involved.
In a speech delivered at the Federal Reserve Bank of San Francisco, Federal Reserve Governor Michael S. Barr highlighted the transformative potential of bank-Fintech relationships in driving the ...
The CFPB issued a proposed order against a fintech currently in Chapter 11 bankruptcy proceedings for allegedly failing to accurately keep records of consumer funds held at partner banks. The CFPB is ...