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How a Minnesota bank is jumping into the earned wage access market

American Banker

Stearns Bank in Saint Cloud is working with the on-demand payment technology firm Reset to launch an earned-wage card for blue collar and immigrant families struggling with access to money.

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2020 GonzoBanker Awards

Gonzobanker

This is a classic bank deal – one acronym buys another at a good price and plans to cut the hell out of cost while adding markets. Credit Union Merger of the Year Minnesota-based Firefly and TruStone credit unions come to terms on a solid combination in the Twin Cities area. Market cap in January: $19B. In December: $113B.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. Costco Card. The Costco Card has generated a lot of buzz. That has left them sans card since the switch went into effect on Monday.

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Card-Linked Offers Consolidates: Edo Interactive Acquired by Augeo

Fintech Labs Insights

From 2011 to 2013, card-linked offers (CLO) was all the rage– you could say it was the AI of that era. The trend peaked in 2012, when it seemed every other fintech company added some type of card-linked offers. The post Card-Linked Offers Consolidates: Edo Interactive Acquired by Augeo appeared first on Finovate.

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Fintech Fundings: 29 Companies Raise $1.2 Billion Week Ending April 8

Fintech Labs Insights

For the 14th week in a row, fintech deals worldwide surpassed the 20-mark. Ixaris landed $6 million for its prepaid card platform. Here are the fintech deals by size from 2 April to 8 April 2016: Home Link (Lianjia). HQ: Minnesota City, Minnesota. Prepaid card payments platform. Cortera raised a fresh $3.5

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Fintech Fundings: 26 Companies Raised $530 Million Third Week of July

Fintech Labs Insights

There has been an average of 28 fintech deals per week this year. Fintech deals by size from 16 July to 22 July, 2016: CommonBond. HQ: Minneapolis, Minnesota. AI for detecting stock market manipulation. Tags: Consumer, credit, loans, mortgage, credit card, discovery, insurance, price quotes, lead gen. Deal4Loans.

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Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23

Fintech Labs Insights

While not a pure fintech play, we included it here because its primary customers are the big insurers, including the U.S. The second biggest round was also in the insurance arena, as Sweden’s BIMA (aka Milvik ) raised $38 million for its micro-insurance products in emerging markets. Mobile insurance provider in emerging markets.

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