Fintech
Fintech
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While bank stocks flounder, their bonds are seen as a haven against a possible recession; the senator asks bank about overdraft fees on closed accounts.
August 22 -
Credit unions have largely moved past their distrust of fintechs, but plenty of institutions still face challenges when it comes to finding the right vendors.
August 22 -
Capacity, formerly Jane.ai, originally designed its chatbot to answer consumers' questions, but when employees started using it, that gave the startup an idea for a new business line.
August 21 -
The power couple wants to help turn Acorns Grow from a niche app into a megabank; with many floating-rate loans, regionals’ profits drop as yields slip.
August 20 -
A range of startups are experimenting with more ethical retirement savings products than traditional reverse mortgages and annuities, says venture capitalist Ben Cukier. However, according to Cukier, they're too focused on millennials and ignoring a group with more urgent needs and greater wealth — baby boomers.
August 19 -
Banks are under competitive and regulatory pressure to either compete or partner with fintechs that support services such as mobile payments, and credit unions are in the same boat — though with a very different challenge at the start.
August 19 -
Issuers like Chase and Citi that added installment features to compete with digital lenders will need to think beyond traditional card options.
August 16 -
Employees saw the bank’s cybersecurity unit's shortcomings; the state seeking records related to hidden profits from the family's opioid business.
August 16 -
The Electronic Transactions Association has named Jodie L. Kelley as its new CEO to replace Jason Oxman, who left in January.
August 15