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The service can be useful for customers short on cash, but financial institutions need to clarify overdraft rules and develop alternative forms of credit.
August 23The Pew Charitable Trusts -
The 100 dismissals in asset management follow job cuts in other divisions; the agency cites the lack of protections against fraud and market manipulation.
August 23 -
What are community banks doing with savings from the corporate tax cut? Several CEOs share how they've put that money to use.
August 23 -
The best thing a banker can do today is regard the U.K. as a real-world fintech laboratory, track developments closely and seek opportunities to capitalize on change, writes Naomi Bowman, managing director for Berkeley Research Group in London.
August 23Berkeley Research Group -
With strategic changes at key trade groups and attention shifting away from regulatory relief for community banks, the interests of large institutions have taken on more prominence.
August 22American Banker -
A solid software development life cycle method — a way of organizing the work of a software development team — can mean the difference between getting ahead in payments or falling behind, according to Chet Culver, director of application development at CardConnect.
August 22CardConnect -
Banks should update their online and mobile applications — bigger font sizes, perhaps — to ensure their offerings are accessible to older customers.
August 22Oracle Financial Services Software -
Bank to offer 100 free stock or ETF trades to customers; the BofA unit will deposit uninvested client cash in banks, not money market funds.
August 22 -
These money transfers offer many transformative benefits, such as lifting recipient families out of poverty, improving health and nutrition conditions, increasing education opportunities and promoting entrepreneurship, says Raj Agrawal, CFO of Western Union.
August 22Western Union -
Theodora Lau and Brad Leimer of Unconventional Ventures, Heather Holmes of Genivity and Marci Lobel-Esrig of SilverBills discuss fintech for older generations.
August 21