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The tech that boosted a Tennessee credit union's consumer loans

American Banker

Auto-enrolling its membership for a credit-scoring tool offered by SavvyMoney helped Knoxville TVA Employees Credit Union nearly double approvals across its credit card, personal and auto loan portfolios in early 2023.

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Today In Digital-First Banking: Goldman's Marcus Debuts Personal Finance Tools; Franklin Templeton’s Singapore Subsidiary Collaborates With Razer Fintech

PYMNTS

In today’s top news in digital-first banking, Goldman Sachs has launched a personal finance offering for customers of average means, and Franklin Templeton’s Singapore subsidiary has joined forces with Razer Fintech. Tennessee-based regional financial services company First Horizon National Corp. Plus, First Horizon National Corp.

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Seven US States Seek To Simplify FinTech Licensing

PYMNTS

Reuters reported news on Tuesday that banking regulators from seven states across the United States are working to, as the newswire reported, “streamline” the FinTech reporting process, with an eye on those tech firms having an easier road toward offering their products and services across the nation.

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US Inches Toward Open Banking With CFPB Notice

PYMNTS

With more and more FinTechs introducing their own banking services, the competition is heating up. Small business lending platform BlueVine is the latest FinTech to take this path, having taken the wraps off of its banking solution this week with the launch of BlueVine Business Banking. Plus, the U.S. TrueLayer Launches in Australia.

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CFPB and Utah AG announce joint office hours in Salt Lake City as part of ACFIN

CFPB Monitor

The CFPB announced ACFIN’s creation last September, in conjunction with finalizing revisions to its trial disclosures and no-action letter policies and its proposal to create a new fintech sandbox policy.

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CFPB and Colorado Attorney General announce joint virtual office hours as part of AFCIN

CFPB Monitor

The CFPB announced ACFIN’ s creation last year, in conjunction with finalizing revisions to its trial disclosures and no-action letter policies and its proposal to create a new fintech sandbox policy.

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Today In Digital-First Banking: Freelancing Banking App Lili Lands $15M; Alacriti Rolls Out RTP Product For Financial Institutions

PYMNTS

In today’s top news in digital-first banking, freelancer banking app Lili has notched $15 million in a funding round, while New Jersey-based FinTech Alacriti is rolling out a new offering that will connect banks and credit unions (CUs) with real-time payments (RTP). Plus, UnionBank of the Philippines is digitizing its onboarding procedure.