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Rakuten files third application for FDIC insurance

CFPB Monitor

Per the Utah Department of Financial Institutions website, Rakuten Bank America’s application for a Utah ILC charter was received on July 26, 2019 and remains pending. . based bank, Rakuten Bank America. Rakuten’s first FDIC deposit insurance application was filed in July 2019, and was withdrawn in March 2020.

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The 14 Biggest Payments & Card Industry Conferences & Events in 2023

Fintech Labs Insights

These are the largest events in the financial services industry geared towards payments and card technologists, program managers, marketers, developers and C-Suite execs at both legacy financial institutions and upstart payments firms and card issuers. If we are missing anything, please drop me a note.

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5 ways AI can improve customer service

Independent Banker

billion-asset Sunwest Bank in Sandy, Utah. For example, a bank may feel comfortable allowing a VA to solve a login problem, while situations like a lost card are solved by an empathetic human. Venu Gopal, chairman of the board of Quinte Financial Technologies, Inc. “My accounts are scattered at different banks.”.

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FinovateFall: Mapping the Future of Fintech Today

Fintech Labs Insights

For all the talent gathered in places like the Bay Area, New York, and London, our map encourages us to keep in mind less talked-about locales – like Utah, for example, where multiple Best of Show winner MX and Finovate newcomer ProActiv are both making personal finance technologies for the 21 st century.

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