Fintech

Charges in Equifax hack; Varo Money passes FDIC test

02/11/20

Four Chinese military members charged with stealing data of 150 million Americans; fintech can use deposit insurance, a step toward a full bank charter.

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Varo gets vital FDIC OK for bank charter

02/10/20

It was Varo's second try with the Federal Deposit Insurance Corp., but it has now moved within a few steps of obtaining what has eluded fintech firms of late: a green light from banking regulators.

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Ally joins effort to help 'stuck and overwhelmed' consumers save

02/07/20

The digital-only bank found customers are anxious about their inability to set aside money, so it decided to offer automated savings tools, consumer chief Diane Morais says. It is one of the larger companies to do so.

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California governor to fintechs: Forget Utah. Be an ILC here.

02/07/20

Gavin Newsom's proposal to create a consumer watchdog modeled after the CFPB includes a provision that would make it easier for upstart financial firms to obtain industrial loan charters.

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Banks' big tech spending is testing shareholders' patience

02/05/20

Investors think the billions being shelled out to keep up with the likes of Amazon might be better spent elsewhere.

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For a credit union service organization, ‘we’re kind of hippie’

02/04/20

The credit union service organization Member Driven Technologies has a laid-back environment but works hard to translate its internal culture to employees who may be hundreds of miles from headquarters.

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When moving to a fintech job doesn’t involve moving at all

02/04/20

A view on whether or not each job can be done remotely is part of a holistic view as to how Payrailz is trying to grow its workforce. Currently, about two-thirds of the staff works remotely.

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A community at the office: Strategies of the Best Fintechs to Work For

02/04/20

Companies that scored highest in this year’s Best Fintechs to Work For ranking go beyond the basics of strong pay packages, generous benefits and effective leadership to take a more holistic interest in their employees’ lives, according to the data.

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Drink kombucha — get results: The No. 1 place to work in fintech

02/04/20

Metrics and strategy are key at YCharts. So are mystery-flavored Oreos.

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Why an algo-trading software firm caught BMO's eye

01/31/20

Clearpool's chief executive says BMO Financial Group, which is buying his company, saw a chance to gain control of cutting-edge technology that would help it cater to a special type of commercial customer.

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