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- Movers and shakers: Notable October hires in fintech and banking28 Oct 2020—Bank Automation NewsOctober has seen many new hires in banking and technology around the industry. Big banks like Fifth Third, U.S. Bank and Truist all made major hires, while vendors like Nymbus and Neocova put new personnel in leadership positions. Here are the most notable October hires: Software vendors add new leadership Nymbus, a Miami-based banking software […] Already subscribed? Log in below.
- App Annie: P2P payments outpace other fintech apps10 Aug 2020—Bank Automation NewsShare Peer-to-peer payments apps are working their way into consumers’ pockets. According to fresh data from mobile analytics platform App Annie, P2P payments apps took four of the top five spots for the fastest-growing fintech apps quarter-over-quarter, when it comes to downloads. “Consumers are looking to mobile for more than just merchant payments,” Lexi Sydow, …Read More
- OnDeck’s low price tag may signal problems for fintech lenders29 Jul 2020—Bank Automation NewsShare This year continues to see major fintech acquisitions. Enova International announced yesterday it will acquire the small business lending fintech OnDeck for “approximately $90 million” in a deal the companies expect to close this year. In a year that has seen major deals like Visa acquiring Plaid for $5.3 billion, Intuit acquiring Credit Karma …Read More
- Utah: The fintech frontier17 Jul 2020—Bank Automation NewsShare Fintechs looking to expand beyond their Bay Area or New York City headquarters have welcomed an unlikely visitor in recent years: Utah Gov. Gary Herbert. “The governor is a great salesperson,” said Val Hale, executive director for the Utah Governor’s Office of Economic Development. “We’ve done a lot of trips to Northern California, Southern …Read More
- Moven closes consumer-facing business, pushes customers to Varo16 Apr 2020—Bank Automation NewsAs Moven begins shutting down its consumer-facing businesses, the digital banking platform is funneling its customers to Varo Money. “Moven has been a pioneer in the digital banking space and a longtime inspiration. We are excited to welcome their customers and deliver on the types of technology and features they have grown to love,” said …Read More