Non-bank competitors

632 articles tagged with this keyword

/payments

Wallgreens launches health and wellness credit cards

Walgreens (Nasdaq: WBA) today introduced the new myWalgreens Credit Card program, featuring two industry-first retail health and wellness credit cards, issued by Synchrony Bank (NYSE: SYF).

/Non-bank competitors

Responding to Lending Disruption

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/payments

Google plans fintech move in Japan

Big tech firm Google is reported to be planning a push into Japan's financial services market

/startups

London fintechs enjoy record VC investment in H1

The first half of 2021 has seen London-based fintechs raise more money in venture capital (VC) investment than any previous year.

/startups

Aussie fintech Bluestone launches digital lending platform

Today non-bank lender Bluestone went live with its new digital lending platform. This launch includes a significant number of new features and improvements including a suite of new loan origination and servicing capabilities.

/payments

EBAday 2021: Payments innovation and the benefits cascading down the waterfall model

EBAday 2021 has flown by, and the sessions throughout day three of the event served to build on the momentum from day one and two. Another punchy strategic roundtable addressed the need for industry-wide collaboration to drive payments innovation, while two boisterous chatrooms tackled the weighty subjects of Open Banking, CBDCs and stablecoins.

/cloud

Bank execs predict branch model will be dead within 5 years

With Covid-19 leading to an uptick in digital banking, nearly two thirds of industry executives from around the world think that the branch-based model will be dead within five years, according to an Economist Intelligence Unit survey.

/startups

Curve breaks records with largest ever equity raise of £9.9m on Crowdcube

Setting multiple records on Crowdcube, Curve has closed the largest equity raise on the platform, sourcing nearly £10m in funding from 11,795 investors in 54 hours to support the rollout of the Curve OS platform in the US and the launch of Curve Credit in the UK and Europe.

/regulation

Tony Craddock: FCA’s ‘Dear CEO letter likely to destabilise the e-money sector’

In a ‘Dear CEO’ Letter sent out by the FCA yesterday, the regulator called on UK electronic money institutions (EMIs) to ensure their customers understand how their money is protected.

/retail

LendingClub taps Alto as prefered partner for IRAs

Alto Solutions, Inc. (Alto), the next-generation self-directed IRA platform making it easier for individuals to access and invest in alternative assets using their retirement funds, today announced it was selected by LendingClub Corporation (NYSE: LC) as the new preferred IRA custodian for LendingClub IRA account holders.

/payments

Twitter Tip Jar users cite PayPal privacy concerns hours after rollout

Hours after Twitter announced the new money transfer feature Tip Jar, early testers took to the social media platform to air their concerns over addresses being included in PayPal receipts.

/payments

French anti-trust watchdog says banks could be marginalised by Big Tech giants

France's competition watchdog has warned of the dangers posed by the encroachment of Big Tech firms into the payments sector.

/regulation

Client due diligence fintech MYCDD launches in Jersey

A new fintech business, MYCDD, has been formally launched in Jersey with an objective to revolutionise how international financial services and other firms manage their ongoing client due diligence requirements.

/crypto

EToro launches new bitcoin portfolio

Multi-asset investment platform eToro has today announced the launch of a new thematic portfolio – BitcoinWorldWide. Based on the companies in the value chain behind bitcoin, the portfolio is intended to further catalyse adoption of the booming cryptocurrency.

/startups

Israeli fintech Pagaya plans to enter Wall Street at $8 billion

Having registered revenues reflecting $300 million annually for the first three months of 2021, Israel-based startup Pagaya is allegedly planning to enter Wall Street at $8 billion, as well as execute a traditional IPO.

/regulation

How regulators have catalysed collaborations and technological innovations

Co-founder and head of client delivery of RegTech Associates, Dr Sian Lewin has urged the financial community to stop thinking of regulators simply as “powerful organisations, here to control our behaviour, and stop us from doing certain things in the name of public interest.”