Despite economic headwinds from the COVID-19 pandemic, fintech funding volumes continued to move in a positive direction in the third quarter, nudging one of the largest quarterly volumes for fintech financing ever. About $12 billion was funneled into fintech companies across 459 deals in Q3, marking the third-largest quarterly volume ever, according to FT Partners […] Already subscribed? Log in below.

Bank of America released a new personal finance tool on Monday, called Life Plan, to help customers identify their financial goals and track progress in real time, said David Tyrie, head of digital, financial center strategy, and advanced client solutions. The tool, available online and via mobile, takes customers through a workflow that establishes goals […]

Share The Federal Deposit Insurance Corporation (FDIC) has taken steps to promote fintech partnerships and diversity and inclusion within the financial services industry, both internally at the FDIC and among the institutions it regulates, FDIC Chairwoman Jelena McWilliams said during the LendIt Fintech USA 2020 conference Wednesday. McWilliams, an immigrant to the U.S. from the …Read More

Share September has proven to be a busy month in banking and fintech staffing shuffles. JPMorgan Chase made notable investments in its data and analytics efforts, and HSBC USA created a new role centered on diversity and inclusion. Meanwhile, fintechs Vise and GoCardless continue to draw top industry talent away from more established players. Here …Read More

Share There were a handful of prominent staffing shuffles in August within the banking and fintech space, as the fallout from the coronavirus pandemic begins to settle in the U.S. Payments companies Stripe and PayPal have tapped executives from incumbents while fintechs specializing in underwriting bolstered their executive teams. Here are the most notable hires …Read More