The Federal Reserve governor said the uptick in buy now pay later repayment issues is likely a sign that consumers don't understand the terms of the emerging credit offering.
Some traditional bankers are unsettled by the wave of crypto and fintech banks getting bank charters. This Nashville bank CEO sees opportunity.
-
Early Warning Services is poised to unveil the name of its new bank wallet, hoping to repeat the branding success of its peer-to-peer payments app.
-
JPMorgan Chase is planning to test new technology that would let consumers pay with their palms or faces at certain U.S. merchants.
-
U.K. regulators warn payment companies, Goldman Sachs invests in Saudi fintech, and more.
Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
The San Antonio-based lender is introducing new products targeted at borrowers who make less than 80% of their county's median income. The loans, which will qualify for Community Reinvestment Act credit, could help expand access to the state's increasingly expensive housing market.
Democrats Ritchie Torres and Gregory Meeks called on the New York Home Loan bank to follow the lead of its peers and use alternative credit scoring models for collateral to improve consumers' access to homeownership.
-
As the transport ticketing market evolves in the wake of the pandemic, further intensifying the challenges caused by the dominance of proprietary systems, it’s time to see a more open, collaborative public transport ecosystem, says Calypso Networks Association's Philippe Vappereau.
-
Congress acted first when it freed financial firms from having to disclose the beneficial owners of commercial clients. Now it's time for regulators to further ease anti-money-laundering reporting requirements by freeing them from filing duplicative or unnecessary suspicious activity reports.
-
With people shopping online more than ever before, and a new group of consumers joining the online retail space, it’s become increasingly important for brands to connect their sales channels and embrace e-commerce, says Hatch founder and CEO Joris Kroese.
-
Several large banks are deploying agentic AI. There's a big difference between managing people and managing AI agents.
-
The New Hampshire congresswoman promised new investigations into scam drivers, including AI and digital payment platforms.
-
Despite bipartisan support and backing from bank trade groups, the Treasury scrapped a corporate ownership reporting rule meant to expose shell companies and aid financial compliance. But the problems that spurred the law's passage still remain.
-
The 30-year fixed mortgage rate rose for the first time in six weeks, driven by Friday's strong jobs report and renewed uncertainty around tariffs.
-
The U.K. fintech has launched a series of products that expand on its core payments business and compete with banks and other payment technology firms.
-
The AI and cybersecurity-focused startups completed the vetted proof-of-concept program to prepare for their next level of growth.
-
Daily BriefingDelivered Every WeekdayIdeas that impact your business delivered to your inbox every day. -
TechnologyWednesday, ThursdayThe latest industry developments from digital banking to cybersecurity to AI. -
PaymentsDelivered Every WeekdayAn early-morning roundup of important headlines from the past 24 hours. -
Best of the WeekFridayThe most important and widely read stories from the previous week.
The digital asset tech provider, which recently raised $140 million, will power Morgan Stanley's E*Trade crypto offerings early next year.
The head of Santander's stateside operations built a career in banking by finding ways to "yes" to opportunities, even if they didn't seem like "the perfect fit," she said.
The 23rd annual ranking of women leaders in the banking industry.
-
Partner Insights from HCL Tech - Sponsored by S&P Global
- Sponsored by S&P Global
- Partner Insights from Copado
