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FinTech Step Aims To Create The Concept Of ‘Family Banking’

PYMNTS

The 6-year-old who get his hands on Mom’s iPad and manages to rack up $16,000 worth of credit charges for online gaming. The company offers FDIC-insured bank accounts and a Visa -branded payment cards for teens (aged 13-18) with budgeting features and other financial education tools built in. We’ve all heard the horror stories.

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Fintech Deals Are Still Happening – and It’s a Good Thing

Gonzobanker

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. SoFi/Galileo: This $1.2 customer impact.

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Can Banks Solve their Small-Dollar Loan Problem with Fintech Partnerships?

Bank Innovation

Aura, a San Francisco-based fintech offering affordable loans to low to moderate-income households, wants to partner with banks to offer those loans to consumers who have traditionally been unable to secure them from larger institutions.

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Dr. Strangelove or: How Fintechs Will Learn to Stop Worrying and Love Regulation

FICO

The guiding ethos of fintech (and really any industry portmanteau ending in ‘tech’) is move fast and break things. The most prominent villain for fintech companies is regulation. And when fintechs and challenger banks aren’t constrained by regulation (as they mostly are in the U.S. Brand protection. and China).

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BBVA On Google, Digital Banking And The Rise Of The ‘Everyday App’

PYMNTS

Where once the marquee names in tech (and no shortage of FinTechs) jockeyed for primary banking services relationships, an increasing number of partnerships are now taking shape. In an announcement, the bank said it would work with Google to debut a co-branded, FDIC-insured, digital-only bank account next year.

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Top U.S. Online Digital Bank Savings & Treasury Accounts for Small Business (SMB)

Fintech Labs Insights

Are we about to see a rush of fintech startups serving the interest-sensitive small business market? But what we will see is the challenger banks dusting off their sweep features and emphasizing them in their marketing and branding. 95,000 6 Meow * 11 4.3% to 5.07% None 2021 NYC $27 27,000 Source: FintechLabs, Crunchbase, SimilarWeb 1.

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Top 9 U.S. Online Digital Bank Savings & Treasury Accounts for Small Businesses (SMB) (June 2023)

Fintech Labs Insights

Are we about to see a rush of fintech startups serving the interest-sensitive small business market? But what we will surely see is challenger banks dusting off their sweep features and emphasizing them in their marketing and branding. Maybe, maybe not. 2021 SF $14 12,000 Source: FintechLabs, Crunchbase, SimilarWeb, 26 June 2023 1.