SMB lender Kabbage furloughs employees
Small business lender Kabbage is furloughing a significant number of its U.S. employees, according to a company spokesperson. The company...
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NJ-based Provident Bank upgrades digital channels amid pandemic
For one community bank in New Jersey, its digital overhaul came at a crucial time: just before the coronavirus pandemic....
Survey results: Coronavirus and the state of banking innovation
Given the significant challenges we’re facing with the ongoing coronavirus pandemic, INV Fintech and Bank Innovation conducted a brief survey...
Umpqua’s Go-To sees usage spike as customers avoid branches
Portland-based Umpqua Bank, which has almost $29 billion in assets, is seeing a significant spike in volume on its Go-To...
Weekly Wrap: Coronavirus dislocation continues to rock fintech
In a week that saw the coronavirus pandemic amplify in the United States, the fintech sector continued to weather economic...
4 business challenges of COVID-19 and solutions to fight them
While financial services companies large and small scramble to cope with the economic fallout of the coronavirus pandemic, there may be a silver lining to the...
Robinhood accused of offering snafu credits to squelch suit
Robinhood Financial Inc., facing lawsuits over crashes on its trading platform amid violent stock market swings, is now being accused...
Digital dollars gain credence despite cut from stimulus bill
While the proposal to distribute digital dollars was struck from the new $2.2 trillion stimulus bill designed to buoy the economy, the proposal alone could accelerate a more widespread adoption of a cryptocurrency....
Can banks emerge stronger from the pandemic?
The Coronavirus pandemic is posing significant challenges to the banking sector, forcing financial services providers into contingency mode and already...
