Fintech
The core banking provider was No. 1 on American Banker's ranking of the Best Places to Work in Fintech this year. The company attributes this success to encouraging employees to hash out solutions to challenges.
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Fintech VC funding flooded into consumer-focused companies in 2021. Now, the tides are changing direction.
June 2 -
Challenger bank focused on serving the queer community plans to cease operations next month.
May 24
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The Cincinnati, Ohio, bank targeted Rize Money due to its "ease of accessibility," according to Fifth Third's head of wholesale payments. The acquisition comes as the $205 billion-asset bank has seen wealth and asset management revenue decline in recent years.
May 22 -
The FDIC reviewed more than 20 other offers before selling the failed bank, including one from a San Francisco fintech.
May 12 -
Michigan State University Federal Credit Union is partnering with Debbie, a Miami-based fintech that helps consumers break free of delinquency and correct bad spending habits, to strengthen its financial education tools and build its deposit base.
May 11 -
Charlie, a digital banking service, will advance users their Social Security benefits and will try to act like a "smart, kind and trusted nephew."
May 10 -
American Banker's editorial staff honors 20 women who are leading in all areas of fintech, including startups, venture capital firms, accelerators and law firms.
May 8 -
American Banker's editorial staff chose 20 leaders who have done groundbreaking work during the past year.
May 8 -
The United States needs to follow the lead of other countries by letting fintech firms test innovative products at the national level. Failure to do so could send promising new ideas overseas.
May 2