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PYMNTS
NOVEMBER 17, 2020
Open banking lets third-party financial service companies to have access to a consumer’s banking transactions and other financial data from financial institutions (FIs). Revolut said its new open banking offer was developed with TrueLayer , a London-based financial technology (FinTech) company. banking license.
PYMNTS
APRIL 21, 2020
The opening of a Hong Kong outpost is part of SoFi’s bid to acquire online brokerage firm 8 Securities, while expanding its business and serving up commission-free trading there. SoFi, which deals with consumer financial services, said it will continue to serve existing 8 Securities brokerage customers. billion.
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PYMNTS
MAY 27, 2020
The CEO of SoFi, the digital personal finance company based in San Francisco, said its investor accounts have doubled this year, mostly due to fractional shares. The company said the account is secure and offers rewards for savers with higher interest relative to the national average of transactional accounts.
Fintech Labs Insights
SEPTEMBER 23, 2015
Save your spot and join us in San Francisco October 6 and 7 for the premier event for fintech developers, engineers, and CTOs. FinDEVr returns to the Mission Bay Conference Center at the University of California San Francisco for two days of fast-paced, TED-style presentations.
PYMNTS
OCTOBER 1, 2018
Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept. Attorney Alex Tse. “We The Aftershocks.
Fintech Labs Insights
NOVEMBER 18, 2015
Are you building new financial technology? Be sure to check out coverage from our recent developer conference in San Francisco. The latest from FinDEVr San Francisco 2015 presenters: Hyperwallet Launches Loyalty Program for Independent Workers. Arxan announces Cyber Security scholarship program.
PYMNTS
APRIL 23, 2020
To that end, earlier this month FinTech firm SoFi made the leap beyond San Francisco to Hong Kong, having bought online brokerage firm 8 Securities. The financial terms of the deal were not disclosed. But the expansion, giving rise to the new SoFi Invest will offer “automated investing” and financial education.
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