Tag: US
JP Morgan to triple size of New York tech hub
JPMorgan Chase & Co., the biggest US lender, is planning to more than triple the size of its technology hub in New York City. Read more: www.bloomberg.com
InvestCloud launches new Navy apps for pensions, endowments and foundations
InvestCloud, a global FinTech firm, has released its latest series of financial apps to run on the InvestCloud digital platform. Read more: www.fintechroundup.com
Usage-based insurance apps: Opportunity or obstacle?
It’s been almost a decade since Progressive launched its usage-based insurance (UBI) program, Snapshot. Read more: www.carriermanagement.com
Edward Jones partner With SixThirty to support FinTech
Financial services firm Edward Jones announced a multi-year partnership with SixThirty, a St. Louis-based venture fund that invests in FinTech startups. Read more: www.crowdfundinsider.com
Wells Fargo tests Facebook chatbot
Wells Fargo & Company is testing a "chatbot" with the bank's customers on Facebook's messaging platform. Read more: www.reuters.com
One FinTech that’s still going head-to-head against banks
For all the talk of cooperation and partnerships with banks, financial services startups are doing well in underserved niche markets such as actors and musicians. Read more: www.americanbanker.com
Goldman: FinTech revolution can’t come soon enough
The Wall Street firm’s young online retail-banking unit is growing and could, once big enough, crank out far higher returns than the investment bank. Read more: www.nytimes.com
How peer-to-peer payment pioneer Venmo grew up and got serious
Under parent company PayPal, the millennial-focused payments app is finally ready to make some money. Read more: www.fastcompany.com
Simple’s move to new bank API leaves some customers stranded
Simple, the Portland-based branchless bank founded in 2009, has discovered that moving accounts to its parent bank’s API is not that simple. Read more: paybefore.com
Zelle makes its presence known in P2P payments arena
The recent performance of Zelle, the peer-to-peer (P2P) payments platform with the funny name, is no laughing matter for competing P2P providers. Read more: www.bankingtech.com