Dave’s FTX collab opens doors for crypto offering: A $100M investment from the crypto exchange, coupled with a strategic partnership, could help the neobank roll out cash-back crypto rewards and convenient stablecoin conversions.
Investors have pushed the bank for more details on its tech initiatives. Communicating longer-term ROI without tipping off competitors is the challenge.
Proptech lets landlords keep income while ditching ownership costs: US-based Flock lets landlords exchange their properties for shares in dividend-paying, tax-deferred investment vehicles.
Its new secured card can appeal to small-business owners with poor credit histories and lead to upgrade opportunities.
FIS offers community banks a PFM tool: The banking tech provider’s solution targets smaller banks competing with large ones that offer financial insights to consumers.
In the US, higher-income millennials are more likely to own cryptocurrency than their lower-earning peers. Some 61% of those making at least six figures per year own crypto, while just 25% of those earning less than $50,000 hold Bitcoin or the like. Gender plays a role as well—half of millennial men hold these digital currencies, while only one-fifth of women in that age group do so.
Solarisbank brings BaaS concept to brokerages: The banking as a service (BaaS) provider’s white-label solution will make it easier to enter the European and US low-cost brokerage market.
Apple acquired UK-based open banking fintech Credit Kudos—here’s what it can do with the new tech.
50 million data points are great, but only if they’re actionable: That’s according to Ashley Ross, head of CX at Bank of America, who we sat down with for an exclusive interview.