BFC Bulletins Monthly News Digest
Many FinTechs lenders find themselves in a precarious position as uncertainty mounts over whether or not millions will be able to pay back their loans due to the impact of …
Read More »FinTech lenders’ difficulties in the current pandemic
FinTech lenders lobby for inclusion in coronavirus relief package
FinTech lenders in the United States have been active in lobbying the government to allow nonbanks to participate in an emergency loan program aimed at providing financing to small businesses. …
Read More »Equifax and Urjanet join forces to unlock alternative credit data potential
Equifax Inc. and Urjanet are partnering to give more power to consumers and businesses to use their payment data from utility, telecom and cable providers to give a more complete …
Read More »Startup helps users retire with peace of mind about their finances
FinTech startup Kindur is helping put retirees at ease by helping them manage their retirement funds and ensuring they have enough money for the rest of their lives. Launched in …
Read More »Video: the threat of payment apps to U.S. banks
U.S. banks are projected to lose as much as USD 43 billion in revenue if mobile payment apps become as popular in the U.S. as they are in China. This …
Read More »Q-Lana: a new tool to bolster MSMEs in emerging economies
Q-Lana, a U.S.-based FinTech company, was founded to develop the concept of knowledge-based lending as a way to help financial institutions overcome the challenges associated with broader MSME lending and, …
Read More »JPMorgan to build Silicon Valley campus
JPMorgan Chase & Co. plans to open a FinTech campus in Palo Alto, California as part of its efforts to attract more Silicon Valley talent. The campus, scheduled to open …
Read More »GreenSky bucks traditional FinTech ideas about IPOs
GreenSky, a FinTech company from Atlanta that provides loans for home repair projects, has announced its plan to go public with an IPO of USD 5 billion in total capitalization …
Read More »Robinhood’s epic failure launching a new checking/savings product
Late last year, Robinhood attempted to launch a disruptive, first-of-its-kind checking/savings product, one which offered consumers a 3% interest rate with zero fees. Just days later, however, the company had …
Read More »China’s microchip infiltration of U.S. computers
As part of a technological due diligence by Amazon when evaluating a potential acquisition, it was found that many motherboards assembled by Super Micro Computer Inc. (SuperMicro) for Elemental Technologies …
Read More »POPin Video Banking and MEA announce collaboration
US-based POPin Video Banking has teamed with mobile firm MEA Financial Enterprises to integrate the POPin platform into MEA’s Android and iOS digital banking applications. According to POPin, the partnership …
Read More »Citi app now open to non-Citi customers in bid to grow digital presence
Citi bank has updated its mobile app for iPhone with several features as part of the bank’s effort to be a nationwide digital bank. Perhaps the largest change is that …
Read More »What’s hot and what’s not in the U.S. Fintech
Finovate and the Fintech Cocktail Club joined up to determine what’s trending and what’s not in U.S. Fintech. Regtech was found to be the hottest trend, with artificial intelligence, open …
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