PYMNTS
FEBRUARY 18, 2020
LendingClub provides personal lending online, and it wants access to funding that is more stable and not as expensive. Radius is based in Boston and has in the neighborhood of $1.4 The bank is one of a few smaller lenders that has teamed up with FinTechs who need services only an FDIC-regulated institution can provide.
PYMNTS
NOVEMBER 4, 2020
In its March 2020 brief “Developments in Open Banking and APIs: Where Does the U.S. the Federal Reserve Bank of Boston said, “To date, U.S. regulators acknowledge that although there is a market and demand for open banking, the current regulatory structure prioritizes consumer protection.”. “A
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PYMNTS
APRIL 5, 2019
David Tyrie, head of consumer advanced solutions and digital banking, said that by 2021 Bank of America’s branches and ATMs will cover upwards of 90 percent of the population in the United States. . However, recently some banks have chosen to go in the opposite direction. There’s also a plan to install 2,700 new ATMs.
PYMNTS
NOVEMBER 26, 2019
Yordex offers virtual cards as well, which can be used to manage online business expenses, such as recurring subscription charges. Tide , a digital banking solutions provider, issued several updates intended to help SMBs use optical character recognition (OCR) to automatically match receipts with individual transactions.
PYMNTS
NOVEMBER 15, 2019
Deutsche Bank told U.K. Amazon To Build $40M Robotics Innovation Hub Near Boston. Cryptocurrency companies that previously let customers remain anonymous will have to change their tunes in some countries, as will online gambling sites that provided fast onboarding at the expense of rigorous identity verification approaches.
Fintech Labs Insights
JUNE 27, 2023
Enter the digital insurance challengers aiming to fill the gaps through simple online/mobile interfaces. NEW : Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? This can improve visibility on our website, but does not impact the company’s FAB score.
PYMNTS
FEBRUARY 4, 2019
To serve customers who want to shop in stores and online, retailers and solution providers are working to offer a unified retail experience across multiple channels. The finding was reported by Boston Retail Partners in its 20th annual POS/Customer Engagement Benchmark Survey.
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