The API brokerage platform is easing Chilean retail investors’ access to US stocks as it seeks to expand in the region. LATAM presents a huge user growth opportunity for foreign digital brokers.
In the increasingly crowded US buy now, pay later (BNPL) space, the convenience of Upgrade’s single-invoicing feature could catch consumers’ attention.
JPMorgan partners with fintech backed by ex-Barclays CEO for UK launch: 10x Banking’s work on platform development helped launch Chase in the UK. Its local knowledge can assist Chase with gaining traction and deploying more products.
A Chopra-run CFPB likely to act on overdraft fees, open banking: The newly confirmed director of the Consumer Financial Protection Bureau could lead the US regulator to act on items with a big impact on banking players.
Betterment will likely use the fresh funds to broaden its investing options—and crypto products have a high potential growth vector.
PNC teams up with Akoya on customer data sharing: The open-banking provider has added data from over 9 million customers of yet another big bank—as different players in the US jockey for technology market share.
Banking execs lag behind neobanks in eyeing niche outreach: A Temenos survey of senior banking leaders shows interest in serving underserved groups. But niche neobanks have already gotten there ahead of them.
The UK-based personal finance management app seeks to raise $128.2M in two years to go global. Expanding to less mature markets can help it its rapid user growth.
The UK neobank’s banking as a service offering could open up a promising business line—helping nonbanks to offer banking products that interest consumers.
Scotiabank’s Google Cloud deal will use AI and machine learning for greater personalization: The Canadian bank’s agreement—the latest involving a major North American banking player this year—aims to enhance its customer experience.
Truist progresses toward key date for BB&T transition: The consolidation of its legacy systems is on track for October. Its customer-experience-focused approach could become a model for other post-merger plans.
Coalition raised $205M to combat cyber attacks within companies—and its expansion plans will help it cross-sell more policies.