PYMNTS

AUGUST 11, 2020

With its losses mounting, the London-based digital bank may need to tap into its corporate reserves to keep up with its expansion plans. The latest infusion of cash came from TSG Consumer Partners , a San Francisco-based private equity company. Revolut ’s website promises to deliver “All your money needs in one app.”

San Francisco 239

San Francisco Fintech Digital Banking California 239

Bank Innovation

AUGUST 14, 2017

Wells Fargo has been going through a rough patch lately, but the bank itself is focused on moving forward. This is especially true when it comes to digital banking. The San Francisco-based bank is looking at partnerships as a way of improving banking experience for its current digital users (including mobile). “We

San Francisco 287

San Francisco Mobile Digital Banking Apple 287

Bank Innovation

OCTOBER 18, 2017

EXLUSIVE – SME-focused digital bank Seed is nixing its monthly fee and will now be free for customers. The San Francisco-based fintech used to charge its customers $9 per month, but after conducting a survey, CEO Brian Merritt told Bank Innovation that he realized Seed could serve customers better by being free.

San Francisco 236

San Francisco Survey Digital Banking Innovation 236

BankInovation

NOVEMBER 8, 2023

Digital bank Arc today rolled out its international treasury product, Arc Global Treasury, to serve global startups gravitating back toward digital banks, and away from big banks, following the bank crisis earlier this year.

San Francisco 63

San Francisco Digital Banking Management 63

Chris Skinner

AUGUST 20, 2019

Based in London, he was previously a Lex columnist in San Francisco. … The post Silicon Valley is eating the crumbs the banks’ left after lunch appeared first on Chris Skinner's blog. The article was written by Tom Braithwaite. Tom Braithwaite is the companies editor, managing the FT’s business coverage.

San Francisco 305

San Francisco Management Company Digital Banking 305

PYMNTS

JUNE 13, 2019

Digital bank Monzo, based in the United Kingdom, is crossing the pond. The company said it will be signing up consumers for its cards through the next few weeks at events slated to be held in cities including Los Angeles, New York and San Francisco. Reuters reports that the company has reached U.S.

Digital Banking 119

Digital Banking Los Angeles San Francisco US 119

PYMNTS

OCTOBER 12, 2020

European digital bank Revolut , the continent's largest such institution with 13 million users, is close to applying for a U.S. digital banking license, according to a report by CNBC.

San Francisco 268

San Francisco Wyoming US Utah 268

PYMNTS

AUGUST 15, 2019

banking market through a partnership with Ohio-based Sutton Bank. It has already signed consumers up for its cards in cities including Los Angeles, New York and San Francisco and there is currently a waiting list. In June, Monzo started its move into the U.S. In the U.S.

Lending 161

Lending Los Angeles Digital Banking San Francisco 161

BankInovation

APRIL 21, 2022

Tech spend is on the rise at regional banks as smaller institutions look to differentiate themselves in a crowded digital banking marketplace. First Republic Bank San Francisco-based First Republic Bank completed a core conversion during Q1, which bank executives last week called the largest technology project in its history.

San Francisco 98

San Francisco Regional Digital Banking System 98

American Banker

FEBRUARY 2, 2024

The San Francisco company entered into a pact with its regulator when it acquired Radius Bank three years ago. The operating agreement, by design, in some ways slows you down," said CEO Scott Sanborn.

San Francisco 69

San Francisco Regulation Operations Company 69

Bank Innovation

MAY 29, 2019

Founded in 2012, San Francisco-based Plaid helps customers and banks transmit data back and forth. Fintech startup Plaid Inc. is expanding its footprint into the U.K., a region it believes could eventually match the U.S. in terms of revenue, despite political uncertainty.

San Francisco 199

San Francisco Regional Fintech Data 199

BankInovation

AUGUST 1, 2023

The San Francisco-based digital bank recognized barriers between bill pay, card payments and Automated Clearing House wire transfers and built a solution to automate the manual processes that generally fall to accounts payable […]

San Francisco 52

San Francisco Digital Banking Cards Payments 52

PYMNTS

NOVEMBER 17, 2020

Earlier this year, the European digital bank had taken on Ireland, France and Italy. In a press release, Revolut said the latest expansion would bring open banking to its users in Germany. banking license. Revolut announced Tuesday (Nov. 17) that, in collaboration with TrueLayer, it will expand into Germany.

San Francisco 264

San Francisco Digital Banking Financial Technology Innovation 264

BankInovation

MAY 23, 2023

Wells Fargo Head of Global Treasury Management Payments and Transaction Services John Hunter is focused on simplifying the bank’s experiences with cloud, AI and machine learning. The San Francisco-based bank invested $9.4

San Francisco 52

San Francisco Digital Banking Management Technology 52

PYMNTS

OCTOBER 17, 2019

San Francisco-based Chime launched in 2013, offering debit cards, savings accounts and checking accounts to consumers without any fees. “Our payment processor has been experiencing issues today, resulting in our app + website being down,” Chime said in a tweet on Thursday (Oct.

Digital Banking 107

Digital Banking San Francisco Leadership Cards 107

PYMNTS

APRIL 24, 2020

Monzo Bank Ltd., the British digital bank, has taken the next step to expand into the U.S. Office of the Comptroller of the Currency for a banking license. banking license is a significant milestone in our mission to make money work for everyone,” Monzo U.S. market, where it has already done some testing.

San Francisco 189

San Francisco US Ohio Digital Banking 189

BankInovation

DECEMBER 14, 2022

San Francisco-based Veem’s payment service will be integrated into Finastra’s Fusion Digital Banking Platform and will give users a centralized platform for SMBs, Peter Longo, senior director of product management at Finastra, told Bank […].

San Francisco 52

San Francisco Payments Digital Banking Fintech 52

Bank Innovation

OCTOBER 26, 2018

Bank of the West recently added 143 ATMs across the Denver and Sacramento metro areas through an agreement with ATM operator Cardtronics. The San Francisco-based bank said it has tripled the number of cash access locations for its customers in Denver, to 151, and nearly quadrupled the number of those locations […].

ATM 150

ATM San Francisco Denver Sacramento 150

PYMNTS

OCTOBER 16, 2020

It’s been another busy week in the world of payments and commerce, with the expansion of installment point of sale (POS) credit and digital banking. banking license. Digital Banking Innovation . Among the big headlines this week was that European digital bank Revolut is reportedly near applying for a U.S.

Report 176

Report San Francisco Payments Digital Banking 176

PYMNTS

JULY 28, 2020

For one, the digital bank startup said it had landed $80 million in venture funding from San Francisco-based TSG Consumer Partners. This week, Revolut said banking veteran Richard Davies is leaving his role as CEO , only one year after coming aboard help boost the startup. according to an emailed release.

Comparison 141

Comparison San Francisco Fintech Groups 141

PYMNTS

JULY 31, 2020

the San Francisco-based online bank, had the last laugh. On Friday (July 31), the Office of the Comptroller of the Currency (OCC) announced Varo Bank has been granted its full-service national bank charter. Since then, the skepticism has evaporated and the CEO of Varo Money Inc. ,

National 172

National Fintech San Francisco Connecticut 172

PYMNTS

SEPTEMBER 4, 2019

Chime , a digital banking startup based in San Francisco, said it has reached a threshold of five million customers and plans to introduce a new overdraft initiative to help them, according to a report. The startup is an FDIC-insured mobile bank that has no physical branches and pledges to offer customers fewer fees.

San Francisco 109

San Francisco FDIC Digital Banking Mobile 109

PYMNTS

SEPTEMBER 1, 2020

Through Zelle, which is owned by a consortium of big banks including Wells Fargo, account holders will be able to transfer and receive money from family, friends and others with a U.S. bank account, the bank noted in its announcement.

San Francisco 234

San Francisco Payments Online Meeting 234

PYMNTS

OCTOBER 8, 2020

It employs more than 2,000 people globally, including in New York and San Francisco. The FinTech’s recent expansion efforts include the U.S. in March and Japan in September. The startup has about 10 million customers and raised over $800 million in funding.

San Francisco 189

San Francisco New York Tools Cards 189

PYMNTS

OCTOBER 5, 2020

the San Francisco-based financial services company. Last week, Nexi signed a partnership with Ebury , the London FinTech that provides global transaction banking services to businesses. Earlier this year, Wordline SA , the French payment company, paid 7.8 billion euros ($9.1 In January, Visa Inc. agreed to pay $5.3

Company 151

Company San Francisco Payments Fintech 151

PYMNTS

AUGUST 5, 2019

Monzo, one of the world’s largest digital banks, discovered a security flaw and is now asking half-million of its customers to change their personal identification numbers (PINs), TechCrunch reported on Monday (Aug. According to Monzo’s blog , the bank noticed on Friday, Aug. Monzo customers. In the U.S.

Security 116

Security Los Angeles San Francisco New York 116

PYMNTS

DECEMBER 2, 2020

The B2B company has offices in New York, San Francisco, Japan, Hong Kong and Hangzhou, China. The San Mateo, California-based company said the new license would aid its expansion efforts and ensure that it can “provide a secure electronic wallet.”.

Fintech 158

Fintech San Francisco New York California 158

PYMNTS

MAY 6, 2019

Our team has torn apart the small business banking playbook and created our own digital banking platform and operating model from the ground up.”. The company offers application programming interface (API)-powered banking that was created to automate back-office financial work.

Innovation 192

Innovation Fintech San Francisco New York 192

PYMNTS

OCTOBER 12, 2018

As Wells Fargo seeks to cut costs while retooling its business for the age of digital banking, the company reported slightly better than expected revenues, but missed analysts’ earnings expectations for the third quarter. The bank reported revenues of $21.9 billion and earnings per share of $1.16

San Francisco 122

San Francisco Indiana Wisconsin Michigan 122

American Banker

FEBRUARY 6, 2020

He is currently CEO of the Federal Home Loan Bank of San Francisco. Greg Seibly guided Sterling through the financial crisis before engineering its sale to Umpqua Holdings in 2014.

San Francisco 62

San Francisco Digital Banking Lending 62

PYMNTS

OCTOBER 16, 2020

Revolut Likely To Apply For US Bank Charter. Revolut , the European digital bank, is reportedly near applying for a U.S. banking license. The FinTech is reportedly likely to seek a charter with California’s Division of Financial Institutions and the Federal Reserve Bank of San Francisco within the next few weeks.

Payments 239

Payments San Francisco Fintech Tools 239

PYMNTS

DECEMBER 4, 2020

banking license in California. The FinTech is likely to apply for a charter with the Federal Reserve Bank of San Francisco and California’s Division of Financial Institutions within the next few weeks, people with inside information told CNBC. In October, CNBC reported that Revolut is close to applying for a U.S.

San Francisco 184

San Francisco California Cards Online 184

Fintech Labs Insights

MAY 2, 2023

Event Spotlight Tech meets finance in San Francisco 60+ demos. And prices tend to rise as the event draws closer. 100+ speakers. 1,200+ attendees (600+ from financial institutions).

Conference 29

Conference Las Vegas San Francisco Fintech 29

PYMNTS

SEPTEMBER 1, 2020

Plaid is doubling down on its push to connect banks to FinTechs and their customers with a new, instant account update feature.

San Francisco 159

San Francisco Fintech Software Data 159

PYMNTS

SEPTEMBER 23, 2020

The San Francisco-based digital mortgage and loan platform on Wednesday (Sept. 23) announced its expansion into consumer banking to include personal loans and credit cards. Blend , the home loan tech startup, isn’t done growing. based early growth, FinTech-focused venture capital firm.

San Francisco 180

San Francisco Washington Survey Data 180

PYMNTS

AUGUST 28, 2020

We have deep dives on retail’s digital D2C shift, blank-check companies, and DoorDash’s IPO plans. DoorDash , the San Francisco-based prepared food delivery service, is planning to go public by year’s end, after filing confidentially in February. DoorDash Moves Ahead With Q4 IPO Plans.

Retail 208

Retail Los Angeles San Francisco Online 208

PYMNTS

AUGUST 22, 2019

N26 plans to publicize the launch with an ad campaign on buses, taxis and trains throughout San Francisco, Chicago and New York. consumers who are frustrated with their current banking experience. We give users a banking app and Visa debit card that matches their lifestyles,” says Nicolas Kopp, US CEO, N26 Inc.

US 157

US San Francisco United States Chicago 157