Banking Services

NY Lawsuit Against FinTech Banking Licenses Can Proceed
NY Lawsuit Against FinTech Banking Licenses Can Proceed
May 03, 2019  |  Bank Regulation

Regulators from New York got the nod from a judge to move forward with their lawsuit aimed at stopping FinTechs from offering banking services on...

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Qonto To Develop Biz Payments Tech With New Funding
Qonto To Develop Biz Payments Tech With New Funding
September 25, 2018  |  B2B Payments

More than a year after launching its business banking solution, France-based Qonto has secured new funding. Reports on Monday (Sept. 24) said Qonto raised $23...

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Startup Holds Equity Crowdsale For Banking License
Startup Holds Equity Crowdsale For Banking License
June 25, 2018  |  Banking

Blockchain-based challenger bank BABB — which stands for Bank Account-Based Blockchain — announced it will be holding an equity crowdsale to cover the costs of obtaining a...

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Stock-Trading Platform Robinhood Eyes Banking Services
Stock-Trading Platform Robinhood Eyes Banking Services
June 21, 2018  |  Banking

Sources say Robinhood Markets is in talks with regulators about offering banking services to its more than 4 million users. According to Bloomberg, one source...

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CFPB Says Bank Account Service Issues Top Consumer Gripes
CFPB Says Bank Account Service Issues Top Consumer Gripes
August 31, 2016  |  CFPB

The latest monthly complaint report from the Consumer Financial Protection Bureau, released on Aug. 30, shows that the top-of-mind complaints centered on banking, ranging from...

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Major Banks’ Breach Left Accounts Vulnerable For Years
Major Banks’ Breach Left Accounts Vulnerable For Years
October 16, 2015  |  News

A major account authentication flaw might have exposed as many as 23,000 customers of Halifax and Bank of Scotland to fraud and data theft for...

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