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Revolut Likely To Apply For US Bank Charter

PYMNTS

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. The nature of the market for FinTech startups breaking into the larger U.S.

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Tab Bank ramps up digital transformation

BankInovation

Saying that Tab Bank, a fully digital bank headquartered in Ogden, Utah, began as a modest operation, would be an understatement.

Utah 98
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Galileo To Power Dave Banking App

PYMNTS

Dave’s digital bank account and debit card have no minimum balance requirement, no overdraft fees and access to 32,000 MoneyPass ATMs, fee-free. Galileo, headquartered in Salt Lake City, Utah, supports a variety of payment solutions.

Utah 143
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Bitcoin Daily: SEC Freezes Crypto Firm?s Assets, Alleging It Stole $12M From Investors; Hong Kong: 39 Pct Of New FinTechs There Are Blockchain Firms; Coinbase Eyes Selling Blockchain Analytics To IRS, DEA

PYMNTS

The defendant in the case is Utah resident Daniel F. Rodriguez of Utah and Jean Paul Ramirez Rico of Colombia — are alleged to have lied to investors and misappropriated funds. The purchase, according to the IRS document, would be useful to help keep ahead of crimes related to cryptocurrency and digital banking.

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N26: Cloud-Banking Core Key To Meeting Consumers’ Mobile Banking Needs

PYMNTS

This is because many legacy FIs in particular are still reliant upon legacy infrastructure, which is simply not designed to handle the sheer volume of data generated in today’s digital banking sphere. Developments Around the Cloud Banking World. Why the Pandemic Is Pushing Legacy F Is’ Cloud Migrations Forward.

Meeting 227
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Lending Club Tweaks Business Model in Effort to Thwart Legal Challenges

American Banker

The nation's largest marketplace lender announced changes Friday to its partnership with Utah-based WebBank. The revisions are designed to preserve Lending Club's ability to ignore state interest rate caps.

Lending 28
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The 14 Biggest Payments & Card Industry Conferences & Events in 2023

Fintech Labs Insights

Other calendars: Fintech events Insurtech events Banking, Mortgage & BankTech events Payments & Card Technology Conference Calendar Event Location Start End Payments Summit by STA Salt Lake City, Utah 27-Feb-23 2-Mar-23 MRC 2023 (Merchant Risk Council) Las Vegas 6-Mar-23 9-Mar-23 Pay 360 London 21-Mar-23 22-Mar-23 MPE 2023 (Merchant Payments (..)