Fintech
Fintech
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The social media giant says its cryptocurrency project can bring services to the world's unbanked. Lawmakers and regulators aren’t so sure.
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The workers charged customers incorrect currency conversion rates; Santander plans to defend its decision not to hire Andrea Orcel if he sues.
July 24 -
Policymakers should consider how new data computing can help ensure equal lending, not hinder it.
July 23 -
Kindur and Finhabits are trying to create retirement plans for people who lack them. Are banks missing an opportunity?
July 22 -
A group of senators on the Banking Committee sent a letter to the central bank chairman grilling him on the agency's efforts to develop a real-time payments system.
July 22 -
Banks and third parties must work together to safeguard data being shared when a customer uses mobile apps.
July 22 -
The idea of a common digital identity for consumers has become more compelling amid the digitalization of the world's economy. Many bank and credit union executives consider it a natural fit, one the industry should be prepared to lead on.
July 19 -
The challenger bank startup will use the new cash to double its U.S. headcount.
July 18 -
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America's farms have taken on near-record levels of debt in recent years, and commodity prices and trade wars are putting pressure on farm country. That could spell bad news for bankers that lend to them.
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Banks can fine-tune their apps so the customer doesn't give up halfway through a cumbersome sign-up process.
July 17 -
The new funding comes as the challenger bank inches closer to gaining regulatory approval for a national bank charter.
July 16 -
Raisin, an online marketplace that aggregates high-yield savings accounts in Europe, aims to launch in the U.S. in the next nine to 12 months.
July 16 -
The fintech rush into point of sale financing is partly a play on younger consumers’ migration away from traditional credit cards. This, in turn, has prompted a counterplay from Citizens Bank.
July 12 -
Many oppose a metric-based approach, but there are ways it could actually work.
July 12 -
As more credit unions deploy mobile video banking, some observers say if credit unions don’t hop on board now they could be left behind in the next few years.
July 11 -
Finding a fast and easy way to receive payments remains a top priority for these businesses. And yet, they are frequently left out of the industry’s faster payments conversation, writes Steve Robert, co-founder and CEO of Autobooks.
July 11 -
Beginning next year, banks will have to dramatically change the way they account for future credit losses, but experts disagree on the new rule's long-term impact.
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Chief financial officers have to wear many hats to help new payment and fintech companies respond to a fast-evolving market, says Brex's Michael Tannenbaum.
July 10 -
Ensuring a good experience for buyers not only gives companies an edge over their competition, but it has practically become a requirement for company growth. With the increasing popularity of information-sharing websites and apps like Facebook or Yelp, reputations can expand or shatter within moments, writes Nvoicepay’s Alyssa Callahan.
July 10