Columbus, OH

PYMNTS

For platforms and neobanks, establishing direct deposits with end users offers an on-ramp to cross-selling opportunities and a wealth of additional revenue streams. The momentum has been underscored in recent earnings reports and announcements surrounding new products and services. The automated transfer of funds into those accounts — often through...

Neobanks Bet on Direct Deposits to Keep Fickle Consumers Sticky

Swiss finance platform Brighty App has launched its dedicated AI-powered investment management service. The platform aims to provide users with data-driven investment strategies to maximize their wealth. Using this platform, Brighty App users will be able to invest in tailor-made portfolios with a single click. Over the past few years,...

Brighty Introduces Advanced AI Investment Platform for Personalized Financial Growth

24/7 Wall St.

SoFi Technologies (NASDAQ: SOFI) made its public debut on June 1, 2021 through a merger with a special purpose acquisition company (SPAC), Social Capital Hedsophia Holding Corp. V, led by Chamath Palihapitiya. Before the merger, the company was originally known as Social Finance, which started as a student loan financing firm before expanding into loans, […]
The post SoFi Technologies (SOFI) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St..

SoFi Technologies (SOFI) Price Prediction and Forecast 2025-2030

Marqeta posted second-quarter results that showed total processing volumes (TPVs) surged 32% to $71 billion. During the conference call with analysts, CEO Simon Khalaf noted on Wednesday (Aug. 7) that as had been seen in past quarters, “consumers continued to branch out in financial services looking for alternatives to traditional banks.”

Marqeta Processing Volumes Surge 32%

B2B operations frequently require a greater level of sophistication than their B2C counterparts. Payments, especially, are typically larger and more complex transactions and must mesh with monolithic, already-existing systems. That’s what makes the whole concept of digitization and the payoff that comes along with it so appealing to the space....

This Week in B2B: Capturing Real-Time Intelligence’s Competitive Edge

Wells Fargo has appointed Bridget Engle as senior executive vice president and head of technology, reporting to CEO Charlie Scharf. Joining the company’s operating committee on 12 August, Engle will be responsible for all technology across the company. She brings more than 30 years of experience leading technology transformations...

Wells Fargo selects Engle to head technology

Irvine, CA

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NewSantaAna

On June 27, a pair was spotted roaming hospitals on Alton Parkway , where multiple victims reported their wallets had been stolen, according to the Irvine Police Department . The victims later found fraudulent charges on their bank accounts, including transactions at the Target on Jamboree Rd.

Two suspects stole wallets at Irvine hospitals then used the credit cards at a Target store

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

Archer has announced an agreement in principle on key terms for its contract manufacturing relationship with Stellantis. Building on the nearly US$300 million Stellantis has already invested, including US$55 million in July 2024, the company plans to fund additional costs to support Archer's manufacturing goals. Stellantis will finance up to...

Archer secures fresh investment from Stellantis

As consumers across income groups feel economic pressure, luxury secondhand marketplace The RealReal is seeing its customers continue to spend but demand more value for their dollar. The company shared in its second-quarter 2024 earnings results Tuesday (Aug. 6) that active buyers increased by 9% year over year to 381,000,...

The RealReal: Luxury Resale Shoppers Demand More Bang for Their Buck

Love’s Financial has announced the acquisition of the U.S. transportation factoring portfolio of REV Capital, adding hundreds of new financial services customers to Love’s portfolio. During Love’s Financial’s 10th anniversary year, the deal aligns with Love’s plans to grow its financial services business and offerings. The acquisition closed...

Love’s Acquisition Adds 500 Freight Factoring Customers

Kentucky State

Northern Kentucky Tribune

Gov. Andy Beshear sent a letter to Anne Milgram, administrator for the U.S. Drug Enforcement Administration (DEA) on Wednesday, expressing his support of the U.S. Department of Health and Human Services’ recommendation that the DEA ease restrictions on marijuana.

Gov. Andy Beshear pens letter to DEA in support of easing federal restrictions on marijuana

When I first got involved with ICBA’s ThinkTECH Accelerator, I must admit that I believed fintechs were scary. However, what I learned is that “fintech” is a buzzword. Fintech companies are not necessarily different from other solution providers. The “fintech” title serves as a way to designate an innovative company. And don’t we all want modern partners for our banks?

Lucas White: Getting Comfortable With Fintechs

Business Insider

The Workforce Innovation series explores major factors influencing business today, including AI, C-suite innovation, DEI, and worker wellness. BI convened a board of experts to share insights about driving growth and change.

Introducing the Workforce Innovation board, sharing insights on how AI, worker well-being, and C-suite transformation are shaping business

The wild Wall Street ride continues as earnings have moved the FinTech IPO Index hither and yon, though the past week wound up being mostly a draw, as the overall Index slipped a relatively tame 0.4%. Despite the cases where several names reported positive momentum, new subscribers, loan originations and...

FinTech IPO Index Loses 0.4% Despite Big Gains by Upstart and Sezzle

Florida State

Jacksonville Today

Gov. Ron DeSantis has issued a state of emergency in Northeast Florida and across much of the state as a tropical system appears almost certain to develop. The National Hurricane Center said Friday morning that a tropical wave has a 90% chance of developing into at least a tropical depression over the next seven days. Most models show it moving into the Gulf of Mexico and then coming ashore and crossing the state, possibly moving over Northeast Florida.

Tropical system is nearly certain to develop

The Consumer Financial Protection Bureau (CFPB) is reportedly looking into how some of the biggest U.S. banks handle complaints from customers who dispute transactions made through Zelle. JPMorgan Chase disclosed the CFPB’s investigation of the peer-to-peer (P2P) payment app on Friday (Aug. 2) in a filing with the Securities and...

Report: CFPB Probe of Zelle Expected to Include BofA and Wells Fargo

Declutterbuzz

More and more people are warming up to the idea that decluttering your physical possessions goes hand-in-hand with decluttering your mind aka mental clutter. The following is how a clear mind will help your decluttering goal.

How A Clear Mind Will Benefit Your Decluttering Goal

Cecilie Bahnsen, the Danish ready-to-wear fashion label celebrated for its distinctive sculptural silhouettes and delicate feminine details, has announced a significant leadership change. Effective September 1, Mie Marie Ejdrup will take over as the new chief executive officer, succeeding Kristine Hannah Loebner, who is stepping down from her role as managing director. This transition marks a strategic move for the brand as it gears up for further international growth and market expansion.

Cecilie Bahnsen Appoints New CEO as the Brand Prepares for Global Expansion

The Motley Fool

Lemonade has used artificial intelligence (AI) for years -- long before the hype took hold.

1 Magnificent Artificial Intelligence (AI) Stock to Buy Hand Over Fist in August

NewsBreak

Competitive Data Builds Competitive Moats for InsurTech Porch

The insurance industry, long perceived as a slow-moving behemoth, is experiencing a seismic shift thanks to the emergence of InsurTech companies. These tech-driven firms are revolutionizing...

Competitive Data Builds Competitive Moats for InsurTech Porch

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