With the fintech world gathering in Las Vegas this week for Money20/20 there was quite a lot of fintech news.
On episode 40 I talk with John Paasonen of Maxwell helping lenders serve their communities by channeling mortgage and technology expertise.
China’s central bank as accepted Amex’s application to start a bank card clearing business, but they still need to receive...
AmEx has recently begun offering personal loans however its loans are only available to existing credit card customers; the firm says its new product is focused on its premium, high-credit quality card customers; overall, the firm appears to be taking a cautious customized approach to the lending product while also using the new initiative to help improve market share and struggling business growth. Source
Cross River Bank announced a collaboration with American Express at Money 20/20 Monday.
Visa, Mastercard Fined Wirecard for Dubious Transactions Mexico-Based Prop Tech Flat.mx Secures $25 Million in Debt Financing From Arc Labs...
Card conglomerates, including Visa, Mastercard and American Express, grabbed multiple headlines in 2018 centered on their adoption of commercial cards as well...