FinTech platform upSWOT, which works to help financial institutions service small- to medium-sized businesses (SMBs), has come off a seed round with $4.3 million, a Monday (March 15) press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Banks set aside billions of dollars to cover expected losses due to the economic collapse triggered by the pandemic. But the worst-case scenarios did not materialize, which means some of that cash can now be turned into profits, The Wall Street Journal reported on Monday...
First Digital Bank, which is the first digital Israeli bank to launch since 1978, has begun trial operations as of Sunday (March 14), Reuters reported. The bank will be open to the public later this year. Get the Full Story Complete the form to unlock this...
In today’s top news in digital-first banking, LendingClub reported as part of its fourth-quarter financial results that originations increased 56 percent quarter over quarter, while NTT DATA is providing a new digital banking platform. Plus, Shinhan Bank has built out a pilot program for a...
NTT DATA, based in Tokyo, is offering a new digital banking platform that the company said will help established financial institutions (FIs) “address transformation challenges with their legacy technology and to launch new services” more quickly. Get the Full Story Complete the form to unlock...
In a sort of financial “Scooby-Doo” moment, J.P. Morgan Chase CEO Jamie Dimon ignited controversy in mid-January, telling managers of the global banking behemoth that when it comes to FinTechs, “absolutely, we should be scared s—less” about these entities. Get the Full Story Complete the...
In today’s top news in digital-first banking, N26 has joined forces with Dosh on cash-back perks, while SoFi is purchasing a community bank. Plus, J.P. Morgan Chase is closing down its Chase Pay digital wallet. Get the Full Story Complete the form to unlock this...
Mobile banking platform N26 has joined forces with cash-back app Dosh to allow users to earn money on everyday purchases with their N26 debit card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The CHIPS network from The Clearing House now accepts new payment messages as late as 6 p.m. Eastern Time effective Monday (March 8) instead of the previous 5 p.m. EST deadline, according to an announcement. Get the Full Story Complete the form to unlock this...
