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Megalith Financial Acquisition Corp plans to take the ‘banking as a service’ provider public through a listing on NYSE
Forrester report says banks must choose between D2C, banking as a service, marketplace selling or platform models
Spending fell as the economy closed at the end of Q1 2020 and consumers sought to be “diligent” with debts
Plus: Provident Bank finalizes SB One acquisition, and Delmar Bancorp prepares for a rebrand after merger
Default rates have yet to reflect the economic impact of the pandemic, according to Milliman – but may not be as bad as expected
Washington’s Coastal Community Bank is to launch digital accounts next year with the help of Google Pay
Heritage Southeast Bank has bought assets and hired staff from financing firm Diversified Funding Services
US regulators have granted a full banking license to Varo Money, making it the first consumer-focused fintech company to become a national bank
Support comes as Republicans have proposed another $60 billion for the small business loan fund
Some Americans might be appalled that wealthy foreigners are purchasing the opportunity to become permanent residents of the United States
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