Sofi Technologies news and trends

Student Loan Stocks Drop Ahead of Restart of Payments
Consumer Finance // October 05, 2023

Stocks of companies related to student loans have experienced a drop in value ahead of the restart of student loan payments after a three-year pause and amid the Biden administration’s efforts to cancel some of that debt. The four stocks most closely linked to student...

SoFi Integrates Galileo’s Conversational AI Into Personal Finance App
artificial intelligence // August 08, 2023

SoFi Technologies has integrated Galileo Financial Technologies’ conversational artificial intelligence (AI) engine into its personal finance app. The intelligent digital assistant (IDA), Cyberbank Konecta, has increased member satisfaction, improved response time by 65%, and freed up agents to solve more complex and higher-touch problems, the...

SoFi Partners With Banks to Offer $2 Million FDIC Insurance
Banking // March 22, 2023

SoFi Technologies is now offering access to additional FDIC insurance. With the new SoFi FDIC Insurance Network, SoFi has partnered with multiple banks to offer SoFi Checking and Savings members up to $2 million of FDIC insurance on their deposits, the digital personal finance company...

SoFi Granted Bank Charter
Banking // January 19, 2022

Digital finance firm SoFi Technologies was granted approval to become a national bank pending its acquisition of Golden Pacific Bancorp (GPB), according to a press release on Wednesday (Jan. 19). Both the Office of the Comptroller of the Currency (OCC) and the Federal Reserve (Fed)...

Quick Reads
Student Loan Stocks Drop Ahead of Restart of Payments

October 05, 2023
Stocks of companies related to student loans have experienced a drop in value ahead of the restart of student loan payments after a three-year pause and amid the Biden administration’s efforts to cancel some of that debt. The four stocks most closely linked to student loans include SoFi Technologies, which specializes in refinancing student loans, as […]

SoFi Integrates Galileo’s Conversational AI Into Personal Finance App

August 08, 2023
SoFi Technologies has integrated Galileo Financial Technologies’ conversational artificial intelligence (AI) engine into its personal finance app. The intelligent digital assistant (IDA), Cyberbank Konecta, has increased member satisfaction, improved response...

SoFi Partners With Banks to Offer $2 Million FDIC Insurance

March 22, 2023
SoFi Technologies is now offering access to additional FDIC insurance. With the new SoFi FDIC Insurance Network, SoFi has partnered with multiple banks to offer SoFi Checking and Savings members...

SoFi Granted Bank Charter

January 19, 2022
Digital finance firm SoFi Technologies was granted approval to become a national bank pending its acquisition of Golden Pacific Bancorp (GPB), according to a press release on Wednesday (Jan. 19)....