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Fintech - Banking Exchange
After entering the banking market 10 years ago, neo-banks across the world are failing to adapt for a profitable future
The two banks are seeking to reduce frictions and increase efficiencies in their lending programs
The proposal is aimed at bolstering credit for low-income communities
The financial services giant has bought mobile app company Long Game, while TD Bank has established a tech hub in Florida
Sutton Bank and Bankers Helping Bankers set up new group to represent the rapidly growing sector
Up to 24% of small businesses with under $1 million in annual revenue use neo-banks
Fintech company Flow Your Money plans to use investment to grow its self-driving money platform
Cross River Bank, First National Bank of North Arkansas and Bellwether Credit Union have all partnered with fintech firms
First large United States bank trading crypto by trading a non-deliverable option with merchant bank Galaxy Digital
As unemployment rates spiked and the stock market foundered, many believed that the pandemic would lead to a repeat of the 2008 financial crisis
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