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With $40M of fresh capital, Upgrade lines up bank account launch 

BankInovation

Upgrade, the personal loan and credit card service provider, plans to launch a mobile bank account by quarter’s end, on the heels raising another $40 million of venture funding from Santander InnoVentures yesterday.? “We’re

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Weekly Wrap: Varo is a bank and a big week for payments startups

BankInovation

A banking charter comes with capital requirements and regulatory oversight that will not be appealing to all fintechs,” said Julie […]. Varo Money officially announced today it is shedding the “banking startup” title, as the company has finally received its banking charter after a three-year journey.

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Bankers and aggregators disagree on data-sharing approaches

Bank Innovation

The parameters around how consumer financial information should be shared with third-party apps and platforms was the subject of debate at an industry forum organized by the Consumer Financial Protection Bureau in Washington, D.C., on Wednesday.

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Inside the plan to get Netflix’s $100M fund to Black-owned businesses

BankInovation

Hope Credit Union and Local Initiative Support Corporation (LISC), two financial institutions that received part of Netflix’s $100 million commitment to support Black communities, are injecting the capital into Black-owned businesses and affordable housing.

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Join our ‘Fintech in the Age of Coronavirus’ Zoom meeting (Subscribers Only) 

Bank Innovation

What is the role of innovation in response to these rapidly unfolding events? For insights into these questions, Bank Innovation and INV Fintech, its sister banking innovation services platform, will present a special Zoom meeting on […]. How will banks and startups work together?

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Attending our conferences with flexibility and care

Bank Innovation

At Royal Media, Bank Innovation‘s publisher, we take great pride in the value of our exceptional industry conferences and the effort we put into their production. We rightly view our more than a dozen annual conferences as crucial opportunities for business development in our industries.

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Weekly Wrap: RBC hits a milestone with Ask NOMI, and Sequoia bets on Vise

BankInovation

Toronto-based RBC, meanwhile, has answered 1 million customer questions through “Ask NOMI,” an interactive function the bank added to its digital assistant in March. Banks continue to launch new initiatives during the pandemic.