BankThink

Lost in the debate about whether to make fintechs comply with the Community Reinvestment Act is that many of them already partner with banks to make loans in low-income neighborhoods.

APIs and the cloud can help financial institutions reach consumers who have become accustomed to digital, says Episode Six's John Mitchell.

The sale, which is set for $2.1 billion, is part of the bank’s plan to reduce its costs; the bank hopes managing stock ownership plans will deepen its reach with tomorrow’s Silicon Valley rich.

The retailer combines WeChat, digital checkout and coupons to reach a wider market, says Azoya's Franklin Chu.

Kate Fitzgerald, senior editor at PaymentsSource, talks to Barry Baird, head of payments capability and delivery at TD Bank, about how technology has transformed the way people make P2P payments and handle other day-to-day interactions with the bank.

Making gig workers’ pay automatically available at no cost each day or after each completed shift would benefit everyone, while providing a win-win scenario for the worker and platform alike, says Payfare's Marco Margiotta.

Yellen says the tests probably won’t lead to imposing capital requirements or limit dividends; the big banks want a global convergence in financial standards to do business in other countries.

The lack of federal legalization creates processing challenges, but there are emerging solutions, says Fincann's Nathaniel Gurien.

If policymakers are serious about revitalizing low-income communities, they should require all fintechs and other nonchartered lenders to adhere to the Community Reinvestment Act.

Wherever they are, customers should be able to access their application and resume the process at a later time, says FICO's Therese Henry.