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This week’s podcast episode: Using financial technology to improve consumers’ financial health, a conversation with special guest Leigh Phillips, President and CEO of SaverLife and Chair of the CFPB’s Consumer Advisory Board (CAB)

CFPB Monitor

SaverLife is a national non-profit sponsored by some of the nation’s leading financial institutions that uses financial technology to improve the financial health of low- to-moderate income consumers by incentivizing savings through prizes, rewards, expert resources, and gameplay.

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Online lending fraud: A temporary glitch or a long-term issue for lenders?

Bobsguide

Online lenders have been disrupting the lending ecosystem by combining innovation with advanced financial technology to improve borrower experience, address underserved markets, and reduce operating costs. William Wagner, CMO/Vice President of Marketing, Cloud Lending Solutions. In 2014, the US.

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Grab-Singtel Ramps Up Hiring For Singapore Bank; Plans 2022 Launch

PYMNTS

Bloomberg reported that Charles Wong , who will be chief executive of the new digital bank, said in an online briefing Friday night that the 200 new hires will work in technology in general — and in some cases, financial technology in particular. Grab is a major player in Singapore's ride-hailing sector.

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US Justice Department Sues Visa To Block Its Planned $5.3B Plaid Acquisition

PYMNTS

billion acquisition of Plaid, arguing that the deal would allow Visa to extend what the DOJ alleges is the company's control of the online debt market. This action reflects a lack of understanding of Plaid’s business and the highly competitive payments landscape in which Visa operates.”. 5) to block its planned $5.3

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Intuit Reportedly Set To Spend $7B To Buy Credit Karma

PYMNTS

Intuit is known for making online tax filing service TurboTax, which is used by millions of people. Intuit would gain a strong standing in the world of online personal finance by acquiring Credit Karma. The deal will push the bookkeeping software giant more into the realm of consumer finance, people familiar with the deal said.

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Israeli Startup Riskified is Said to Seek $200 Million Funding

Bank Innovation

Riskified, an Israeli startup that provides anti-fraud services for online transactions, is seeking to raise as much as $200 million, according to people familiar with the company’s plans.

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Teampay Wields Slack To Promote Controller Collaboration

PYMNTS

Through the Controller Collective Slack group, accounting professionals can access online and offline events as well as relevant content and peer-to-peer networking. Controllers are uniquely positioned to fuel a company’s agility through both strategy and operational excellence, but organizations typically only have one Controller.