Digital Banking 2020

Why Amex is buying Kabbage

08/18/20

American Express isn't acquiring any loans in its deal for the online small-business lender. Here's what it is getting.

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Community bank, fintech team up to serve gig-economy workers

08/10/20

Somerset Trust in rural Pennsylvania has partnered with RoamHR, a financial platform that assists the self-employed, to add tax-withholding help for contract and temporary workers to the bank's services.

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Rellevate, challenger bank for the working poor, goes live

08/06/20

The digital bank founded by a former Western Union president offers tools to help low and moderate income people.

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How DoorDash and a challenger bank helped rescue a restaurant

08/05/20

The owner of The Shuckery in Petaluma, Calif., says she was unable to get a Paycheck Protection Program loan until she responded to an email from the delivery service and BlueVine.

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Banks ready new tech tools to tackle debt collection

08/04/20

KeyBank, Regions and others are using self-service portals, robotic processing automation and virtual assistants to digitize the collections process and make it more humane in anticipation of rising delinquencies.

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Google teams with more banks in offering digital accounts

08/03/20

Five banks, including BBVA USA and BMO Harris Bank, and one credit union will begin offering Google-branded bank accounts in 2021.

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Your bank just got slammed with a 1-star review. What will you do about it?

07/31/20

Heritage Bank and Dime Community Bank are among those financial services firms taking online and app-store reviews seriously. Here’s why all banks should pay attention.

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It's official: Varo Money has national bank charter

07/31/20

"We can control our destiny," says Colin Walsh, CEO of the challenger bank, which spent more than three years seeking to become a full-fledged bank.

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No shortage of ideas for CFPB data-sharing rules

07/30/20

Banks, data aggregators and fintechs have clashed for a decade over how consumers’ bank account data should be shared with third parties. The agency says it will offer a plan, and industry officials have plenty of suggestions already.

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Why OnDeck is being sold on the cheap

07/29/20

The pioneering online lender had long struggled to live up to the hype that drove its early growth, even before the pandemic pushed it to the brink.

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