Independent Banker
MARCH 31, 2022
A secure, open-loop, cost-saving, customer-accessible, multiplatform P2P payments network might sound too good to be true, but community bank consortium Alloy Labs Alliance hopes to achieve just that with the CHUCK payment rail. “We American State Bank in Sioux Center, Iowa, is another CHUCK network participant. “As
PYMNTS
JUNE 30, 2016
On June 9, JPMorgan Chase recently announced that it secured a multi-year deal with Shell to accept Chase Pay at all of its gas stations. Now, as part of its new deal with Shell, it appears Chase is on its way to securing more support for its mobile wallet service that’s likely to be launched into market soon. In comparison, the U.S.
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Fintech Labs Insights
MARCH 28, 2016
For the 12th consecutive week, there were 20+ fintech fundings worldwide. The number of deals was inflated somewhat by the six new fintech companies launched at YC’s demo day that we had not previously covered. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. Total dollars raised, $6.3
Fintech Labs Insights
OCTOBER 7, 2015
Our goal is to help you get your app built, published, and adopted as quickly as possible using best-in-class tools, high-quality APIs, industry leading security practices and dedicated support. Prior to Intuit, Silberstein was a fintech entrepreneur, launching and running the Asia business for an alternative data credit scoring startup.
Fintech Labs Insights
DECEMBER 8, 2015
“Our goal is to provide a seamless and highly secure platform for our users’ transactions,” Lenny founder and CEO, Joe Bayen, said. “And Dwolla definitely meets all of our safety and security requirements.” Founded in 2008 and based in Des Moines, Iowa, Dwolla has raised more than $32 million in funding.
Fintech Labs Insights
AUGUST 6, 2015
Cash, cash equivalents, and securities available for sale totaling $888 million. Opened to investors in Texas, Arizona, Arkansas, Iowa, and Oklahoma. Revenue gains of 98% year-over-year ($96.1 million this year compared to $48.6 million last year in the same period). No outstanding debt. Milestones.
Independent Banker
JUNE 30, 2022
Security Bank Midwest. Security Bank. Iowa State Bank. Iowa Falls. United Bank of Iowa. So, when the community bank’s leadership learned of a fintech that needed a bank partner to launch a credit-building tech product, they were intrigued. Agriculture: Less than $300 million in assets. Ag Lender Score.
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