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Wells Fargo Discloses It Will Add ‘Open Fintech’ Features to Home Loan Platform

Bank Innovation

will add additional enterprise-level digital capabilities, APIs, and SDKs to its Home Lending platform. The San Francisco-based bank disclosed the plan in a job posting today. Among the services that will be included in these open-fintech offerings are […]. Wells Fargo & Co.

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Fintech Is Back

Bank Innovation

EXCLUSIVE (SAN FRANCISCO) -- Welcome back to the fintech boom. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

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12 Startups Showed Their Latest and Greatest at INV Fintech Demo Day

Bank Innovation

EXCLUSIVE - On March 6 in San Francisco, 12 impressive startups demoed their latest in fintech technology at INV Fitnech's 2nd annual demo day. INV Fintech, the sister accelerator to Bank Innovation, is partnered with Fiserv and eight banking partners with over $3 trillion dollars in assets.

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Can Banks Solve their Small-Dollar Loan Problem with Fintech Partnerships?

Bank Innovation

Aura, a San Francisco-based fintech offering affordable loans to low to moderate-income households, wants to partner with banks to offer those loans to consumers who have traditionally been unable to secure them from larger institutions.

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Digital Bank Monzo Jumps Into Lending In The UK

PYMNTS

He added that jumping into more traditional lending “can get us a good way to profitability, if not even all the way.”. The eBank joins smaller rival Starling Bank on the lending front, becoming the second online bank in the U.K. The company is hopeful that its consumer lending division will lead to profits, according to the report.

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New point-of-sale mortgage lending tool enters crowded market

BankInovation

RealKey launched its automated lending platform on Wednesday, entering a crowded market of fintechs that digitize and automate mortgage lending.

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Fintech Startup PayJoy Bags $6 Million Investment

Bank Innovation

EXCLUSIVE – It’s been a busy few days for fintech startup PayJoy, which today announced that it closed a $6 million investment, only a few days after it reached another milestone. Based in San Francisco, PayJoy hopes to make the smartphone a mainstream financial […].