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Many banks remain wary of student loans given the government's dominance in the market, but some fintechs see untapped potential.
December 6 -
The Chicago bank's new partnership with AutoGravity mirrors others struck this year by JPMorgan Chase and U.S. Bank with providers of mobile apps that bundle the car-buying and lending processes.
December 5 -
Since banks are under constant attack by hackers, the startup XM Cyber is offering them a simulator that seeks to do its virtual worst in order to prevent a real breach.
December 5 -
The latest personal financial management tools provide a more passive approach for customers that analyzes patterns and suggest ways to fix issues.
November 28 -
The Omidyar Network has invested in five challenger banks. Tilman Ehrbeck, who is leading its financial inclusion efforts, says the firm will invest more in apps for gig workers and retirees next year.
November 16 -
Self Lender is launching a secured credit card next year in the hopes of attracting big-bank partners that can use it to comply with the Community Reinvestment Act.
November 15 -
The Spanish bank’s investment arm, Propel, is jointly working with the venture capital firm Anthemis Group to find promising startups.
November 14 -
Fifth Third Bank customers were swindled out of over $100,000, but not because the bank didn't have protection in place.
November 13 -
Credit Karma has agreed to buy a credit reporting company that TransUnion initially sought to develop as the fintech's British equivalent.
November 6 -
Promontory Financial Group CEO Eugene Ludwig says AI tools can remove the risks — and discrimination — involved in opening the U.S. financial system to newcomers.
November 6 -
Harvest is when farmers need funding the most. ProducePay has financed over $850 million of produce in under four years, disrupting traditional finance rules in the farm-to-table process.
October 31 -
The bank saw value in Ondot Systems’ ability to empower customer analytics in card controls.
October 26 -
Striking the right balance between personalization and privacy is just one challenge the startup Finn AI is grappling with as it refines the artificial intelligence behind banking through Alexa and other devices.
October 24 -
Plaid will be able to access the bank’s customer information through a secure API. JPMorgan has similar agreements with three other fintechs.
October 22 -
Recognizing their members have relationships with multiple institutions, some credit unions are launching personal finance management tools to give consumers a wider view of their financial lives.
October 22 -
Banks should work to shield some customers who may otherwise be flagged or blocked by AI-powered safeguards, and consider using alternative data to expand services to the underbanked.
October 17 -
Banks need dedicated teams to shore up digital compliance efforts, officials at SourceMedia’s RegTech 2018 conference said.
October 16 -
The regtech firm Arachnys, which recently raised $10 million from QED Investors and others, draws from a collection of 23,000 data sources to help banks protect themselves from money launderers and other criminals.
October 15 -
Glassbox, a digital customer management company based in London, allows banks like JPMorgan Chase and Bank of America to use data and analytics to study customers' behavior.
October 4 -
Shamir Karkal said his startup will allow fintechs to develop ACH processing for their companies without having to partner with banks.
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