The challenger bank space is having a bit of a moment. LendingClub is buying Radius Bank. Green Dot is using the bank it already owns to build a bank for the masses. Affirm has added high-yield savings accounts to its alternative credit platform. Goldman’s Marcus...
In a deal that marks the company’s inaugural acquisition and the start of its global growth, Credit Sesame said it finished its acquisition of Canadian challenger bank STACK. The two companies began their partnership last year, which brought together the deep credit knowledge of Credit...
Fraudsters are increasingly targeting mobile banking services and that’s a challenge for financial app startups that don’t have long fraud-fighting histories to prove to customers they’re secure, says Nicolas Dinh, chief operating officer of money management and payment app startup STACK. In this month’s AML/KYC...
Businesses that fail to comply with anti-money laundering (AML) and know your customer (KYC) regulations risk major regulator fines and irreparable damage to customer relationships when something goes wrong. Companies therefore must either invest in teams of AML specialists or in fraud-fighting technologies. Not all...
June 17, 2020
The challenger bank space is having a bit of a moment. LendingClub is buying Radius Bank. Green Dot is using the bank it already owns to build a bank for the masses. Affirm has added high-yield savings accounts to its alternative credit platform. Goldman’s Marcus had to turn away new customers in the U.K., it […]
September 06, 2023
Construction payment provider Billd is working with software platform STACK to improve working capital access. The companies announced in a news release Wednesday (Sept. 6) that Billd’s financing solutions are now part of the STACK Takeoff and Estimating platform, letting subcontractors instantly access working capital ahead of construction. “We encourage all of our customers to think about working capital availability, and […]
June 16, 2020
In a deal that marks the company’s inaugural acquisition and the start of its global growth, Credit Sesame said it finished its acquisition of Canadian challenger bank STACK. The two...