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Credit Sesame Acquires Challenger Bank
Credit Sesame made the move to acquire STACK, a Canada-based challenger bank, today. Terms of the deal were not disclosed. The announcement comes three months after Credit Sesame unveiled Sesame Cash,...
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Ripple Signs First Bank Customer for RippleNet Cloud
Blockchain payment solutions company Ripple announced this week it has signed Banco Rendimento to RippleNet Cloud. The addition of the Brazil-based bank marks the first bank to leverage Ripple’s...
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What is Next for Digital Transformation in Financial Services?
The following is a guest post by Natalie Myshkina, Strategic Business Development, FSI at Adobe. Like many industries and businesses right now, financial organizations in banking are finalizing and...
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Sallie Krawcheck’s Ellevest Launches Debit Card & Banking Services
Women-focused wealthtech firm Ellevest unveiled its newest offering today. The company, which was founded by former Merrill Lynch CEO and former Citigroup CFO Sallie Krawcheck, has expanded its online...
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India-Based Slice Raises $6 Million for Digital Payments
Slice (fka SlicePay), a millennial-focused challenger bank headquartered in India, raised $6 million in a pre-Series B financing round. The investment brings the company’s total funding to $27.7...
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Minna Technologies to Power Subscription Management Service for ING
Banking customers at ING Belgium will soon have help managing their recurring expenses. That’s because Minna Technologies has partnered with the bank to launch a new subscription management service....
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Banking with Crypto: Where Will It Go Next?
This is a guest post written by Shannon Flynn, managing editor at ReHack.com. Amid the market instability caused by COVID-19, a major shift seems to be taking place in the crypto industry. After years...
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Aire Launches Pulse to Help Underwriters During COVID-19
There are two words that help summarize 2020: unpredictability and volatility. It turns out that both of these attributes are bad for a lot of things and that’s especially true for underwriting...
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Zeller Raises $4.4 Million to Change the World of Business Banking
Business banking services provider Zeller launched earlier this year to offer businesses in Australia a new way to bank. Heading up the new company is ex-Square duo Ben Pfisterer and Dominic Yap,...
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Three Things We’ve Learned from the Paycheck Protection Program
The U.S. Government’s Paycheck Protection Program (PPP) was set to expire yesterday, but the Senate voted to extend the loan program by five weeks, making the new deadline August 8, 2020. Since it was...
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Venmo Helps Micro-Businesses Accept Payments For Free (For Now)
Micro-businesses, such as sole proprietors and gig workers, are an underserved group when it comes to financial management tools. Seeing this need, and recognizing that more than 75% of small...
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Adapting to Make Payments from 6 Feet Away
NCR has been in the finance industry since 1884, so it’s seen a lot of changes in how consumers make payments and interact with their bank. Adam Crighton A lot of those changes have taken place in the...
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Personal Capital CEO Speaks Up About the Company’s Acquisition
If you missed the news earlier this week, here’s a recap: Personal Capital agreed to be acquired by Empower Retirement, the second-largest retirement services provider in the United States, for up to...
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Chainalysis Raises $13 Million for Crypto Intelligence
Blockchain analysis company Chainalysis is on a mission to promote trust and transparency for cryptocurrencies. Aiding that undertaking today is an additional $13 million in funding to add to its...
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Lendio’s Role in Keeping Small Businesses Afloat During COVID
We generally think of healthcare workers, grocery store employees, delivery drivers, and other essential workers as the main heroes of the coronavirus public health crisis. However, there’s one...
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Binance Acquires Swipe Digital Wallet & Debit Card
Cryptocurrency exchange platform Binance made a major purchase today, acquiring digital wallet and crypto debit card company Swipe. The deal closed for an undisclosed amount. The aim of the...
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Taulia Garners $60 from J.P. Morgan Chase and Ping An
Sometimes the story in a funding announcement isn’t necessarily the funding itself, but rather the investors. That’s the case with today’s news of supply chain finance provider Taulia’s $60 million...
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Opera to Acquire Challenger Bank
Every company is a fintech company. Or so said Plaid CEO and Cofounder Zac Perret earlier this year. Today’s news that web browser Opera plans to acquire challenger bank Fjord Bank certainly affirms...
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4 Themes from a Full Week of Asia-Focused Fintech
Last week we held Finovate’s first-ever fully digital event. And while the networking hall looked a little different this year, the quality of the discussions remained the same. The event took place...
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Ant Group’s Double IPO Listing Shuns U.S. Exchanges
New information has come out this week about Ant Group’s IPO plans. Instead of listing on the tech-heavy (and U.S.-based) NASDAQ, Ant Group will list concurrently on Hong Kong’s Hang Seng and...
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