Articles about Banking

Fintech startup PortX raises $16.5M and forms new subsidiary to serve credit unions

The news: Seattle-area financial services technology startup PortX landed $16.5 million in fresh cash. Investors: The Series B funding round… Read More

The Right to Be Banked: How fintech entrepreneurs can benefit from a financial inclusion law

Guest Commentary: Fintech entrepreneurs in the US face many challenges when taking their products to market. They have to contend… Read More

Remitly expands beyond remittances, launches new banking service for immigrants

Remitly, the well-funded Seattle startup that helps people send money overseas, is expanding beyond remittances for the first time and… Read More

Shield Compliance nabs $5M for cannabis banking platform

New funding: Seattle-based Shield Compliance raised $5 million in Series A funding to build out its platform that helps pot… Read More

Seattle startup Tomorrow raises more cash to help people create free wills and trusts

Ask just about any financial advisor and they’ll tell you that you should have a will — but more than… Read More

Can a robot spice up the retail banking experience? HSBC’s ‘Pepper’ is now on the job at Seattle branch

Bank customers who have already embraced technology as a way of handling their transaction needs could be lured offline and… Read More

Scientists say there’s a link between taking out ‘fringe loans’ and reporting health woes

For some low-income workers, short-term fringe loans — coming from payday lenders and check cashing services — are a fact of… Read More

Remitly expands footprint in Latin America, adding new partners for cash pick-ups

Remitly, a mobile platform that makes it easier for customers to send money abroad, is expanding its footprint in Latin… Read More

Working Geek: Why output, not effort, is Simple CMO Michelle Broderick’s top priority

As Chief Marketing Officer of Simple, Michelle Broderick’s job is to convince customers that the online banking service offers something… Read More

Geek of the Week: PATH’s Kimberly Amundson is using technology to transform human milk banks

Kimberly Amundson’s passion for international service began at a young age. The Bellevue, Wash., native participated in a yearly home-building project… Read More

The next fraud wave: When banks cash the same check twice, you might have to pay

Can someone cash your check more than once? Yes, thanks to the intersection of very old and very new banking… Read More

Online banking company Simple inks sponsorship contract with Portland Timbers

Simple, the Portland-based banking startup that was acquired by BBVA for $117 million in February, has signed a unique multi-year… Read More

Data science startup Context Relevant scores $13.5M, names former anti-terrorism chief Richard Clarke to new post

Context Relevant CEO Stephen Purpura has a simple message as a screen saver on his computer: “Don’t mess it up.”… Read More

After one year, Simple finds success changing how people spend, save and store money

It’s hard to believe that Simple became available to customers only one year ago. The online-only banking startup, which started… Read More

American Express links with Twitter: Will security risks sink this buy-by-Tweet experiment?

Social commerce is about ease. And what’s easier than using a hashtag to make a purchase? Today American Express, in… Read More

Banks behaving badly: Dealing with a divisive digital divide

When a company providing financial services emphasizes digital convenience, you’d think that also applies to its customer service. After all,… Read More

Ex-Microsoftie looks to transform banking with new startup Booyami

Booyami, a Seattle area startup that’s looking to streamline aspects of the banking process, has raised $905,000 in startup capital,… Read More

Lighter Capital’s Andy Sack has $500,000 burning a hole in his pocket

Ready, set, invest. By August 31, Lighter Capital will pump $500,000 into a new business no matter how awful the… Read More

Commerce Bridge raises $8M to fill lending gap for growth companies

It’s always been exceptionally tough for high-growth companies to attract traditional bank financing. But it became next to impossible after… Read More