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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

Consumers have been banking online for 28 years. And from the very beginning, there have been pure-play digital banking startups. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on.

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Why Migrant Workers Need Financial Service Offerings All Their Own

PYMNTS

Further complicating matters is the fact that 80 percent of migrants are paid in cash or with paper checks, and are hesitant to hand over their money to banks without an established trust relationship – particularly if they are trained early on that “hidden fees” will start eating up their funds. For $5 per month, Majority members in the U.S.

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Why Migrant Workers Need Their Own Financial Services

PYMNTS

Further complicating matters is the fact that 80 percent of migrants are paid in cash or with paper checks, and are hesitant to hand over their money to banks without an established trust relationship – particularly if they are trained early on that “hidden fees” will start eating up their funds. For $5 per month, Majority members in the U.S.

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Fintech Fundings: 21 Companies Raise $215 Million Week Ending Feb 19

Fintech Labs Insights

Prepaid card issuer. HQ: Houston, Texas. P2P lending marketplace. Digital bank. Tags: Consumer, insurance, automobile lending, cars. Here are the fintech deals by size from 13 Feb to 19 Feb 2016: StoneEagle Services (VPay). B2B payments platform. Latest round: $76 million Series. Total raised: $76 million.

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Fintech Fundings: 22 Companies Raise $160 Million Week Ending March 11

Fintech Labs Insights

million for its SMB alt-lending service. D3 Banking borrowed $4.5 million for its digital banking technology. HQ: Houston, Texas. Tags: SMB, payments, credit/debit cards, merchants, acquiring. It was a busy week for Finovate alums with six raising fresh cash and one being acquired: EZBOB raised $28.8

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Facebook’s Libra, Uber Losses, Instant Deposits Top Week’s News

PYMNTS

It’s a problem that Bill Sheley, senior vice president and global head of Visa Direct , and Rishav Chopra, head of strategy, operations and revenue optimization for QuickBooks owner Intuit , recently told Karen Webster during a PYMNTS interview that digital tech is making big strides to help overcome.

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