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Don Cardinal of FDX and Olivier Helleboid of Intuit explain the FDX and OFX standards, how they're turning them into one standard and what that standard will be able to do for banks.
July 30 -
The time is ripe to move decision-making up the ladder and for organizations to bite the bullet by creating a more inclusive comprehensive strategy for the overall business that considers all the disparate security needs, writes Madeline Aufseeser, an analyst and fintech executive.
July 30
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If the Federal Reserve doesn't maintain an active role, Wall Street megabanks could take over the payments system.
July 29
Calvert Advisers LLC -
The new accounting standard meant for publicly traded firms creates greater headaches for privately held community banks.
July 29
Bank of St. Elizabeth -
Citigroup's made some strides after the battering its share price took last year, but it still trails JPMorgan Chase and Bank of America; chiefs at the top U.S. global banks own on average more than 15 times the amount of their own firm's stock than their European counterparts.
July 29 -
Banks and fintechs such as payment apps depend on one another a lot more than their marketing messaging would lead you believe. The question is no longer whether they can partner, but how they can work together to optimize those synergies for one another, writes Flywire's Mike Massaro.
July 29
Flywire -
Regulators should proceed with removing one of the margin requirements for trading swaps.
July 26
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One credit union's launch of a financial wellness app aims to utilize behavioral research to better resonate with how consumers today use mobile applications.
July 26
WSECU -
“Digital Vault” will allow customers to store encrypted documents on third-party servers; bank accuses Orcel of misdeeds.
July 26 -
A traditional rules-based fraud system will not be capable of detecting synthetic identity fraud. A combination of supervised and unsupervised machine learning algorithms must be implemented to process the data necessary to effectively segment good and bad identities, says Steven D'Alfonso, research director at IDC Financial Insights.
July 26
IDC Financial Insights



