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Wells Fargo’s Mobile and Online Banking Outage Affecting Customers Nationwide

Bank Innovation

Wells Fargo customers nationwide are experiencing technical difficulty accessing the San Francisco-based bank’s online and mobile banking services.

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Flutterwave Rolls Out Online Portal For African Merchants

PYMNTS

The startup Flutterwave , which picked up $35 million last year in venture funding, has launched an online portal that will enable African businesses to set up online shops. The company told TechCrunch that its newly launched product, called Flutterwave Store, is not a shift away from the company’s core online payments business.

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Contactless Payment Platform FitPay Gears Up for Next Growth Phase

Bank Innovation

EXCLUSIVE – When the co-founders of FitPay, a contactless payment technology provider, agreed to be acquired by security tech company NXT-ID back in May, the primary goal behind the deal was to enable growth for the San Francisco-based startup. And grow it did.

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Consumers' Preference For Online Car Sales And Auto Loans Shakes Up Banks And Dealers

PYMNTS

Power research shows that the number of customers doing their credit applications online has kicked into high gear. Many buyers who have secured financing digitally had a great experience and won’t go back to the old way of doing things — even when COVID-19 is no longer a factor.”. Consumers and Banks Both Like Online Auto Loans.

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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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Outschool On Tailoring Subscription To Online Children’s Education

PYMNTS

Online learning is likely to become even more prevalent in the months ahead, with many summer camps canceled and questions remaining about how schools will reopen in the fall. The global market for online learning services was projected to grow 28.6 It is now pegging its near-term future on online classes.

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Ex-Uber Exec To File $250M SPAC IPO Backed By Former Google CEO

PYMNTS

a special purpose acquisition company or SPAC , with the Securities and Exchange Commission (SEC). Michael served as chief business officer at the San Francisco-based ridesharing giant where he led the merger of Uber with Didi Chuxing Technology , a Beijing ridesharing company, according to the report.

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