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Google to launch US digital bank account with BBVA and others in 2021

Google has partnered with eight banks, including BBVA, to offer digital accounts to Google Pay users in the US. The internet company revealed late last year that it would partner with bank accounts and credit unions to launch a digital account. Along with BBVA, Google has also partnered with Bank Mobile, BMO Harris, Coastal Community […]

Starling Bank to begin lending through CBILS ‘as soon as possible’

Starling Bank is working closely with the British Business Bank to get lending through the UK government’s Coronavirus Business Interruption Loan Scheme (CBILS) as soon as possible. A spokesperson for the digital bank, which was accredited by the British Business Bank as a CBILS lender earlier this month, told FinTech Intel: “Since we were accredited […]

KPMG: Global fintech investment remains robust

Global fintech investment in 2019 fell just shy of 2018’s record with $135.7 billion invested across 2,693 deals, KPMG has reported. In its biannual Pulse of Fintech report covering the second half of 2019, KPMG said diversity characterised the period—with fintechs and investment expanding across product, sector and geographic borders. KPMG said the expanding definition […]

Paysafe appoints chief technology officer

Payments processor Paysafe, whose solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments, has appointed former Barclays managing director Sujit Unni as its new chief technology officer. In his new role, Unni is responsible for strategy, design and architecture of Paysafe’s technology. He is based in Paysafe’s London […]