Upstart CEO Girouard: ‘FICO is extremely limited and backward-looking’
Dave Girouard, CEO and founder of Upstart, testified before Congress' Task Force on Financial Technology for its hearing on the...
PayPal: 15m Venmo users engaged in ‘monetizable transactions’
PayPal is continuing along its path to monetize Venmo's 40 million-strong user base. On Wednesday, the company said 15 million...
Umpqua’s Tinder-style banking app attracts 27k users
Umpqua Bank, the Portland, Ore.-based regional bank with $28 billion in assets, is growing its human-digital strategy through its Go-To...
MoneyLion to use $160m funding to add savings, stock trading products
Personal finance app turned challenger bank MoneyLion, which has more than 5 million users, is seeking to lock in customers...
Libra not a threat, ‘still playing out,’ Remitly CEO Oppenheimer says
Matt Oppenheimer co-founded Remitly eight years ago after working in Kenya and experiencing the pain of transferring money across borders...
Capital One: Pressure from non-banks is hurting commercial lending
Capital One‘s commercial lending business is facing price pressure from a saturated market of lenders, including non-banks, that are pushing...
eBay accelerates payments push
eBay is pushing forward with efforts to move payments in-house instead of relying on PayPal. The company is taking a...
Varo files FDIC application, announces $100m Series C funding
Varo Money, the 4-year-old digital banking startup with 750,000 users and $600 million in deposits, has applied for a banking...
How Chinese ride-hailing app Didi is growing its financial services offering
Didi Chuxing, the China-based ride-hailing company with global reach, is offering accounts with prepaid debit cards to drivers in Brazil...
VibePay wants to build a safer version of Venmo and Zelle for UK customers
Vibepay, a peer-to-peer payments app that recently received regulatory approval to operate in the U.K., wants to build a more...
