Fintech

Fifth Third teams with online lender to offer small-business loans

02/20/20

Under the partnership with Fundation, Fifth Third will offer loans and credit lines up to $100,000 that can be funded in as little as a day.

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Fidelity’s data-sharing unit Akoya to be jointly owned with The Clearing House, 11 banks

02/20/20

Akoya has been building a data-sharing network that gives fintechs access to bank account data through application programming interfaces as an alternative to screen scraping. JPMorgan Chase, Bank of America and Capital One are among its new owners.

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Simpler is better for fintechs breaking into banking

02/20/20

LendingClub and Varo Money are making inroads into the traditional financial system, but other fintechs still face long odds.

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LendingClub deal could spur more fintech-bank mergers

02/19/20

The challenge for other fintechs will be to find banks that are as compatible as Radius Bank, an online-only lender, is for LendingClub.

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Wage advance firm Earnin targets employers in bid to reach more consumers

02/19/20

The move comes as the fintech tries to shake off criticism that its main products are payday loans by another name.

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A vetting guide for banks mulling fintech partnerships

02/19/20

The game has changed and bank executives will have to do more homework before striking a deal.

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Fed's ownership rule could open door to more activist investors

02/18/20

Clearer standards make it easier for shareholders to boost their stakes in banks without having to file for bank holding company status.

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LendingClub to acquire Radius Bancorp for $185 million

02/18/20

The online lender's deal for Boston-based Radius would be the first in history in which a fintech buys a mainstream bank.

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Fintech firm Numerated expands small-business offerings for banks

02/13/20

The startup spawned in Eastern Bank's innovation lab says its bank customers asked for client-friendly software for account opening, credit cards and more types of commercial lending.

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How Nova Credit caught the eye — and dollars — of A-listers

02/12/20

The fintech, which translates foreign credit reports to help immigrants get loans, says it has raised millions from venture capital firms and celebrities like Alex Rodriguez and U2's The Edge because its product addresses important economic and social needs.

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