Investing app Acorns acquires a challenger bank for families
The equity deal means that Acorns will gain a foothold in the U.K. and Europe, where GoHenry, the challenger bank it acquired, also operates.
Source: americanbanker.com
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Fintechs are embedding tax prep help in their apps. Banks may be next.
Challenger banks MoneyLion, Acorns and Moves are partnering with "taxtech" companies to extend free or low-cost filing help to customers.
Source: americanbanker.com
TitleMax hack exposes 4.8 million customers' data
The February attack on the title loan company exposed Social Security numbers and possibly driver's licenses and passports. Eleven other financial companies have reported hacks this year.
Source: americanbanker.com
Four fintechs that have scored big wins despite the banking crisis
StellarFi, Stratyfy, FinClusive and Oscilar have all had positive news in recent days.
Source: americanbanker.com
Gen Z challenger bank provider turns its sights on banks
Greenlight, developer of a digital banking app for kids and parents, launched a B2B product for financial institutions. Morgan Stanley and WaFd Bank are early partners.
Source: americanbanker.com