The Filene Research Institute has opened applications for its new incubator project, "Reaching Minority Households."
Financial services institutions should submit their product or program targeting unbanked populations before Dec. 4, on the think
The five winning projects will be piloted among credit unions recruited by Filene, for 12 to 18 months beginning in 2016.
The lawsuit argues that a state law from 1967 concerning wiretapping also applies to internet tracking. Similar arguments in related cases have had mixed success.
The faster timelines for completing bank mergers this year reflects a transformed regulatory environment under the Trump administration. In several cases, deals have closed just a few months after they've been announced.
The deal brings together a banking core provider and a digital banking software platform to offer an end-to-end tech product for community and regional banks.
In Brazil, QR codes have been powering Pix, the country's instant payment scheme, for years. Two fintechs are hoping that connecting QR codes to instant payment schemes such as FedNow will help drive uptake for instant account-to-account payments.
The expansion-minded Hampton Roads-based lender announced plans to acquire Dogwood State Bank just weeks before its plans to close a deal for a Virginia-based competitor.
Everything from company culture to data security concerns is hamstringing the pace of automation in financial services, per new American Banker research.
