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News Stories (21 Results) - FinTech

A group of 12 US community and regional banks have founded Alloy Labs Alliance, a consortium approach to innovation and technology adoption. Fintech Forge will manage the alliance, and Crowe LLP, a public accounting, consulting and technology firm... Read Story

November 08, 2018, 08:01 AM

PNC Bank, National Association, today announced that in 2019 it plans to begin offering fully digital business lines of credit, up to $100,000, in an expansion of its online lending to customers and prospects in the United States. PNC's new digital... Read Story

October 23, 2018, 07:09 AM

As JPMorgan and Goldman Sachs each prepare to launch major new financial technology (Fintech) initiatives, research firm Accenture is warning that increased competition from digital only lenders could put intense pressure on incumbent banks, as they... Read Story

October 22, 2018, 07:30 AM

Corviglia Capital Fund, a global fintech growth equity investor, has launched with a target of raising $500 million in capital commitments. The fund has been established in Luxembourg by two experienced entrepreneurs and executives – Petr Šmída and... Read Story

October 18, 2018, 07:08 AM

HSBC US Commercial Banking announced that it will launch a Digital Partner Platform to improve client experience for corporate customers of all sizes through digital enhancements and partnerships. The platform will also streamline the ability for... Read Story

October 16, 2018, 08:00 AM

LendingTree, Inc. announced that it has entered into a definitive agreement to acquire, LLC, one of the largest insurance comparison marketplaces in the growing online insurance advertising market. Since its founding in 2006... Read Story

October 05, 2018, 07:20 AM

U.S. Bank has created a new, fully digital option for small businesses to apply for and receive a loan or line of credit. The digital process is part of a broader evolution of how the bank interacts with customers. Single-owner businesses within U.S... Read Story

September 25, 2018, 08:00 AM

Mergers and aquisitions (M&A) activity is widespread across the U.S. fintech industry, with deal sizes increasing meaningfully, according to a new report from Fitch Ratings. The industry is absorbing more than $25 billion of deal activity YTD. Fitch... Read Story

August 13, 2018, 08:07 AM

The Bureau of Consumer Financial Protection (BCFP), working in collaboration with 11 financial regulators and related organizations, announced an initiative to create the Global Financial Innovation Network (GFIN).The network will seek to provide a... Read Story

August 09, 2018, 07:25 AM

Fintech investment in the U.S. reached a new high of over $8 billion in Q2, following a strong first quarter, according to a new report from KPMG. Total investment during the first half of 2018 increased from $12.2 billion across 371 deals during the... Read Story

August 03, 2018, 07:52 AM

The Office of the Comptroller of the Currency (OCC) announced it will begin accepting applications for national bank charters from nondepository financial technology (fintech) companies engaged in the business of banking.“Over the past 150 years... Read Story

August 02, 2018, 08:00 AM

BlueVine announced it has raised another $12 million from new investors, M12, Microsoft’s venture fund,  and the venture arm of insurance and financial services provider, Nationwide.The announcement comes eight weeks after BlueVine, a provider of... Read Story

August 01, 2018, 07:15 AM

Worldwide spending on blockchain solutions is forecast to reach $11.7 billion in 2022, according to a new update to the Worldwide Semiannual Blockchain Spending Guide from International Data Corporation (IDC). IDC expects blockchain spending to grow... Read Story

July 30, 2018, 07:16 AM

Strands and Mastercard announced they are working together globally to provide issuing banks with an integrated platform of digital cash management and commercial payment tools specifically designed to benefit their small-to-medium enterprise (SMEs)... Read Story

July 10, 2018, 07:09 AM

Juniper Research has revealed the top 10 technologies set to disrupt the fintech industry in 2018 and 2019.  The new research, Top 10 Disruptive Technologies in Fintech: 2018, found a wealth of positive changes stemming from emerging technologies in... Read Story

June 20, 2018, 07:05 AM

Intellect Global Transaction Banking (iGTB), the transaction banking and technology specialist from Intellect Design Arena Ltd, announced a strategic agreement with Fifth Third Bank, a U.S. regional banking corporation headquartered in Cincinnati... Read Story

June 01, 2018, 07:05 AM

LendingPoint, the company working to revolutionize access to consumer credit, announced it has closed an up to $600 million, committed credit facility arranged by Guggenheim Securities, the investment banking and capital markets division of... Read Story

May 17, 2018, 08:01 AM

Digital innovation in financial services is placing a premium on efficiency and opening up competition that will continue to drive disruption across banking business segments, including payments, lending, capital markets and wealth management... Read Story

May 07, 2018, 08:00 AM

Finitive LLC, a financial technology platform providing institutional investors with direct access to alternative lending investments, announced the launch of its zero-fee platform. Finitive, which commenced operations in August 2017, has received... Read Story

April 11, 2018, 08:00 AM

The rise of FinTechs continues to revitalize the financial services customer journey; however, many startups have realized they will struggle to succeed alone. With complementary strengths, FinTechs are increasingly looking to symbiotic collaboration... Read Story

February 27, 2018, 08:00 AM

Reaching $5.8 billion in Q4’17, U.S. fintech investment increased for the third straight quarter, aided by a strong U.S. economy and a dramatic increase in private equity (PE) investment, according to the KPMG Pulse of Fintech report.Total deals... Read Story

February 14, 2018, 08:00 AM