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New doxoINSIGHTS Report: U.S. Households Pay $577 a Year in Hidden Bill Pay Costs

Fintech News Desk
by Fintech News Desk0
Latest doxoINSIGHTS data exposes the hidden bill pay costs that damage household financial health and amount to over $74B in annual consumer expenses doxo, the innovative web and mobile bill pay service, today released its newest doxoINSIGHTS statistical report: The Hidden Costs of Bill Pay. Each year U.S. households spend over......
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European FinTech Unicorns to Watch Out For, and Why!

Fintech News Desk
by Fintech News Desk0
Europe has always been a financial powerhouse, and its stature in the global economy is affirmed by the fact that 12% of 421 unicorns globally are established in Europe. A large number of these unicorns are engaged in the Fintech Industry. European FinTech Unicorns are private technology companies that have......
Wells Fargo Launches $400 Million Small Business Recovery Effort
Fintech Fintech Funding Mobile Banking News

Wells Fargo Launches $400 Million Small Business Recovery Effort

Fintech News Desk
by Fintech News Desk0
Following an April 2020 industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program, Wells Fargo unveiled the details of an approximately $400 million effort to help small businesses impacted by the ongoing COVID-19 pandemic keep their doors open, retain employees, and rebuild. Through Wells Fargo’s new Open for Business......
TD Ameritrade Investor Movement Index: IMX Continues Upswing in June
Economy Fintech Investment Services News

TD Ameritrade Investor Movement Index: IMX Continues Upswing in June

Fintech News Desk
by Fintech News Desk0
The Investor Movement Index increased to 4.55 in June, up 4.6 percent from its May score of 4.35. The IMX is TD Ameritrade proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets. Read More: GlobalFintechSeries Interview......
FinTech Company Revenued Announces Acquisition of Sky Bridge Business Funding to Offer Future Business Financing Solutions
Business Fintech Fintech Funding News

FinTech Company Revenued Announces Acquisition of Sky Bridge Business Funding to Offer Future Business Financing Solutions

Fintech News Desk
by Fintech News Desk0
Revenued, a financial technology company founded in 2018, announced the acquisition of Sky Bridge Business Funding, a small business financing company founded in 2017, to further establish the company’s vision of helping small businesses have access to the tools and solutions needed for growth. Read More: Strider Announces John Mullen,......
Ellie Mae Announces Launch Of Ellie Mae AIQ Credit Analyzer
Fintech News

Purchase Activity Rises as Interest Rates Reach All Time Lows, According to the Latest Ellie Mae Millennial Tracker

Fintech News Desk
by Fintech News Desk0
Interest rates declined from April to May, resulting in millennials securing the lowest average interest rate on 30-year loans since Ellie Mae began tracking the data in January 2016. Low rates corresponding with the peak homebuying season led to a month-over-month increase in purchase share – the percentage of all loans......
LendingClub Studies Reveal Customers Prioritize Personal Loan Payments Over Credit Cards, Helping Them Progress Towards Financial Health
Fintech News Risk Management

LendingClub Expands LCX Platform

Fintech News Desk
by Fintech News Desk0
Now Enables Dynamic and Competitive Pricing Pre-loan Issuance LendingClub Corporation, America’s largest online marketplace connecting borrowers and investors, announced the expansion of its LCX platform to make it easier for registered institutional investors to analyze, price, and bid on loans at the time a loan is originated (pre-issuance), down to......
'Brand Genius' Sadira Furlow Joins the Happy Money Movement
Fintech News

Happy Money Appoints Fintech Pioneer Jason Altieri as General Counsel and Chief Compliance Officer as Demand for Digitally Native Fintech and Paying Down Consumer Debt Emerge as Key Trends

Fintech News Desk
by Fintech News Desk0
As America looks to heal from the economic upheaval driven by the COVID-19 pandemic, Happy Money is emerging to meet a growing demand for its financial tools and services that eliminate debt and improve happiness by Helping Borrowers Become Savers™.  As a part of its growth, the company has added fintech pioneer Jason......
Mastercard Expands Efforts to Help Over 500 Cities Build More Inclusive and Sustainable Communities
Banking Business Fintech News

Mastercard to Acquire Finicity to Advance Open Banking Strategy

Fintech News Desk
by Fintech News Desk0
Mastercard announced it has entered into an agreement to acquire Finicity, a leading North American provider of real-time access to financial data and insights. The purchase price is US$825 million, and Finicity’s existing shareholders have the potential for an earn-out of up to an additional $160 million, if performance targets......
More Than 14 Million XRP Deposits Within the First Week of Listing on CoinLoan
Banking Capital Markets Cryptocurrency Fintech News

More Than 14 Million XRP Deposits Within the First Week of Listing on CoinLoan

Fintech News Desk
by Fintech News Desk0
On the first of June Ripple (XRP) became officially listed on the CoinLoan platform. Within a week of the listing, users deposited more than 14 million XRP tokens on the platform, making CoinLoan the leading cryptocurrency lending service that uses Ripple according to the company. Users who deposit their Ripple tokens on......
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