Autobooks raises $5.5 million to help banks serve small businesses
The fintech firm will use the $5.5 million in funding to expand its operations and improve its products. ... Read full article
The fintech firm will use the $5.5 million in funding to expand its operations and improve its products. ... Read full article
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms. ... Read full article
The cross-border payments startup will use proceeds from its Series D round to fuel growth. ... Read full article
Qapital's funding round comes as banks are increasingly adding money-management tools to their mobile apps. ... Read full article
ID.me raised $19 million in a Series B round that was led by FTV Capital and included USAA. ... Read full article
Studies show that companies with more women in leadership roles increase their “innovation intensity,” yet women still hold only 20% of the board seats and eight CEO jobs in financial services. ... Read full article
Banks and consumer rights groups appear to have found unusual common ground in the debate over screen scraping, asking the CFPB to weigh in on the application of certain regulations to fintech companies that aggregate financial data on customers' ... Read full article
Startups in the payday lending space say their use of artificial intelligence is allowing them to make better loans at lower rates with fewer defaults. ... Read full article
President Trump’s order on “core principles” for financial regulation is succinct and instructive, but interpreting it is difficult when comparing it to more informal statements from Trump and his aides. ... Read full article
The Spanish bank said it will continue to be Atom’s main strategic investor and keep two seats on its board. ... Read full article
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms. ... Read full article
The effort to create an enterprise Ethereum could lead to robust private blockchains, but one of the key strengths of the project has to do with Ethereum’s roots as an open-source platform. ... Read full article
USAA has granted development rights to some of its patented security technologies to Persistent Systems to create authentication and security-related products. ... Read full article
It’s unclear whether connecting lenders and borrowers over the internet offers any advantages over traditional lending, according to panelists at the Structured Finance Industry Group conference in Vegas. ... Read full article
Capital One co-founder Nigel Morris discusses how his venture capital firm, QED Investors, helps banks and fintechs better understand each other. ... Read full article
Banks are partnering with tech companies to win back some of the small-business customers that the industry lost to fintechs. ... Read full article
The debate about which side is right about the appropriate method of opening up financial data access is a distraction from the real issue at stake: the pace of innovation. ... Read full article
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms. ... Read full article
A core processing startup gets $16 million and a U.K. challenger bank raises $27.6 million. ... Read full article
Although much of banking is cautiously optimistic about the Trump presidency, the financial firms and organizations that serve the unbanked see the election as a mixed bag at best so far. ... Read full article