DriveWealth partnered with Plaid to speed up the funding of online investing accounts.
The partnership could help the API brokerage platform better position itself to embed investing in everyday user activities.
Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Fintech industry. Learn more about becoming a client.
The US-based API brokerage platform partnered with Plaid to speed up funding of online investing accounts, DriveWealth bolsters API with Plaid partnership. Insider Intelligence
DriveWealth s API provides its 90 clients, including fintechs and financial institutions, with the underlying infrastructure to offer fractional share trading and robo-advisory products to their end users. Plaid s API connects with
light in Brazil.
The country s central bank cleared WhatsApp to operate its peer-to-peer payments service, though it still can t handle merchant payments.
Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry. Learn more about becoming a client.
The Facebook-owned messaging platform has the green light to launch its payments service in Brazil after gaining approval from the country s central bank,
per Reuters. WhatsApp is only allowed to operate its peer-to-peer (P2P) payments service; though Facebook is still seeking approval, it can t yet extend this service to merchants. WhatsApp s payments service gets the green light in Brazil.
US banking regulators, including the Fed and Federal Deposit Insurance Corporation, are seeking information on how banks use AI.
This provides an opportunity for FIs and the government to set clear expectations as the tech gains prevalence.
Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking industry. Learn more about becoming a client.
A group of US banking regulators including the Federal Reserve , the Federal Deposit Insurance Corporation (FDIC), and the Consumer Financial Protection Bureau (CFPB), among others has issued a
statement that they re seeking public input on the rising usage of AI by financial institutions (FIs), Reuters
Close icon
Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification.
Revolut s exit from Canada shows how difficult it is for neobanks to crack the market.
However, other challengers are still eager to improve digital solutions offered to customers in the region.
Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking industry. Learn more about becoming a client.
The UK-based neobank is ending its operations in Canada after rolling out a beta version of its app locally a year and a half ago,
per BetaKit. Revolut had plans to provide its full-fledged products and services in the country, but never officially launched, so it s unclear how many users the app actually had. It will wind down beginning on March 29, and customers who do not use their remaining balance by May 15 will be reimbursed in full.