Spa Gone. Now Workers Too. LendingClub Joins Bay Area Exodus
LendingClub Corp.’s downtown San Francisco headquarters once featured many of the lavish perks booming tech companies use to attract workers ...
Tag: startups
Fintechs Face Difficult Regulatory Realities on Charters
WASHINGTON, D.C. — Fintechs are having trouble facing reality when it comes to obtaining bank charters, FDIC Chairman Jelena McWilliams ...
Mnuchin Prefers Private Over Government Solutions to Data Collection, Use
WASHINGTON, D.C. — U.S. Secretary of the Treasury Steven Mnuchin said today that he prefers private over government solutions when ...
Traditional FIs See Fintechs as ‘Significant Threat’ by 2022, Study Says
Nearly 80% of traditional financial institutions feel little or no threat from fintechs today, but 65% believe fintechs will be ...
Adoption of Chatbots on the Rise, But Where to Next?
Adoption of chatbots is on the rise. So are questions about how they can do more. Bank of America reported ...
Millennials Represent Nearly 3 of 5 New 1Q Account Openings at Ally
The Detroit, Mich.-based online-only bank, Ally Financial, had 120,000 new deposit customers in the first quarter on 2019, CEO Jeff ...
Schack: Expanded BMO Harris Innovation Program Casts Wider Net for Ideas
BMO Harris Bank is expanding the scope of its in-house accelerator from a local to a national program. The Chicago-based ...
Are Ride-Hailing Apps Responsible for Southeast Asia’s Growing Fintech Market?
Fintech in Southeast Asia is reaching new records for both deals and funding. One of the reasons for this rise ...
New Mastercard Rewards Program Features Automatic, Instant Redemption
Mastercard today announced the rollout of a streamlined real-time rewards program that eschews the traditional multi-step path to redeeming rewards ...
Nexi Raises $2.3 Billion in Europe’s Largest IPO in 2019
The initial public offering of payment-service company Nexi SpA raised 2.01 billion euros ($2.3 billion), making it the biggest listing ...
