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SoFi’s Trading Volume Surges, User Base Nearly Triples

PYMNTS

In regards to the company’s recent filing for a national bank charter, Noto said, “Being a national bank would really be critical strategically. The news comes as Samsung Electronics America, Inc. The virtual card will instantaneously show up in Samsung Pay at the time of approval.

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SoFi Sees Investor Accounts Double Thanks To Fractional Shares

PYMNTS

Noto’s remarks came on the same day as the announcement of “ Samsung Money by SoFi ,” the new mobile-focused money management product SoFi is offering in partnership with Samsung Electronics America Inc. The former Twitter and National Football League executive said 40 percent of trades on SoFi Invest are through fractional shares.

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Mastercard Leads Investment In Mobile FinTech Mobeewave

PYMNTS

Maxime de Nanclas, COO and co-founder of Mobeewave, said, “Securing strategic funding from organizations with a proven track record of supporting innovation, especially financial technologies, will enable Mobeewave to continue to grow, [and] develop new product offerings and business partnerships.

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Finovate Spring 2018 – Day 2

William Mills

Again another financial wellness platform using machine learning technology. A TON of really old technology is being used in mortgage lending. In fact, Fiserv recently sold ALL of their mortgage technology to a PE firm. Grounding your organization’s digital transformation in people, processes, and technology is critical.

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How close are we really to a cashless society?

NCR

The financial technology media is continually full of facts and figures on how many consumer transactions these days are completed in a cashless manner – with a swipe of a card, by using contactless or online. This marked a nine percent rise from 2013. Banks were keen to move consumers away from cash.

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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Provided instant card-issuance technology to Bank of the Ozarks. Partnered with Trend Micro to bring better data encryption and authentication technology to businesses. Provided technology for fellow Finovate alum Q2’s Contextual PFM solution. Partnered with GFT Technologies to build a mobile banking app.