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Citizens Bank sees digital mortgage tools as a way to expand relationships

Bank Innovation

Citizens Bank is generating one-third of its mortgage applications online, thanks to a suite of tools the company rolled early this year and a partnership with San Francisco-based fintech firm Blend.

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Galileo, Plaid Integrate To Streamline ACH Transfers

PYMNTS

The Salt Lake City payment processing platform has joined with Plaid, a Visa subsidiary based in San Francisco, that builds financial technology platforms to connect bank accounts and initiate automated clearing house (ACH) transfers. Plaid is connected to more than 11,000 financial institutions.

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Bitcoin Daily: Bitcoin Mining Startup Lands $50M From Big-Name VCs; Bitcoin Transaction Fees Have Now Exceeded $1B

PYMNTS

San Francisco-based Layer1 announced that it has raised $50 million from investors including Peter Thiel, Shasta Ventures, and various crypto industry leaders. The more our team utilizes digital currency, the better our customer user experience will be.

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Digit Launches New Savings Bot

PYMNTS

The San Francisco-based company said this will allow users to communicate with the company in a space they are already spending a lot of time. To date, the Digit app — operating on SMS and mobile — has saved users more than $350 million. Another financial service app has launched a chatbot this week.

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FinDEVr Preview: Hyperwallet

Fintech Labs Insights

On October 6 & 7 in San Francisco, 60 companies will present their latest developer tools, tips, and integrations. Today starts our FinDEVr Preview blog series. Register today and don’t miss out. Hyperwallet is the leading outbound payment provider to the independent worker and freelancer economy.

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Xero Partners with Expensify for In-House Expense Management

Fintech Labs Insights

Xero’s decision to use Expensify’s software for in-house receipt and expense management is the latest product of the strategic partnership the two fintechs announced last year. ” Founded in 2008 and headquartered in San Francisco, Expensify demonstrated Expensify Invoices at FinovateSpring 2013.

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Prosper Freshens Up the Retail Investor Experience

Fintech Labs Insights

Peer-to-peer (P2P) lending platform Prosper launched a revamped user experience for its retail investors today. The San Francisco-based company’s enhanced investor dashboard offers two new tools: Auto-invest: within seconds Prosper applies the user’s saved criteria to invest on their behalf.

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