Fintechs, armed with direct SBA lender status, await more funding
The $349 billion Congress set aside for small businesses as part of the Coronavirus Aid, Relief and Economic Security Act...
Inside TD’s COVID-19 tech ‘war rooms’
The coronavirus pandemic has forced many bankers and bank processes to pivot in unexpected ways. For TD, it has meant...
Envestnet Yodlee inks data-sharing agreement with Schwab
Data aggregator Envestnet Yodlee announced another partnership with a major financial institution today, this time with the broker-dealer giant Charles...
Moven closes consumer-facing business, pushes customers to Varo
As Moven begins shutting down its consumer-facing businesses, the digital banking platform is funneling its customers to Varo Money. “Moven...
Bank of America customers sent $27 billion through Zelle in Q1
Bank of America customers are shifting toward digital tools. According to data released by the bank, supplementing its earnings call...
OnDeck, BlueVine are latest fintechs to provide PPP loans
As digital lenders finally make their move into Paycheck Protection Program loans, fintechs OnDeck and BlueVine partnered with banks this...
Smaller banks innovate ways to handle PPP volume in the ‘scramble’
The Small Business Administration launched its Paycheck Protection Program loans more than a week ago and banks have been racing...
LendingTree: Personal loan inquiries at calendar-year lows
The COVID-19 crisis is taking its toll on the personal loan industry. According to data from LendingTree, the publicly traded...
Fintechs push education for struggling customers
Challenger banks are finding their educational and budgeting tools increasingly relevant as the novel coronavirus rattles the economy. “This is...
Banks retool customer service in the scramble for PPP loans
Banks are feeling the pressure of small businesses nationwide applying for Paycheck Protection Program loans. With the launch of the...
