Fintech
Fintech
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Acting Comptroller of the Currency Michael Hsu has appeared more circumspect than his predecessors about cryptocurrencies and other types of financial technology. Regulators are still seeking to understand the risks associated with these once-esoteric products, he says.
September 9 -
Aiia brings thousands of banks to the card network's global open-banking platform.
September 7 -
The startup Digits has developed a search engine that combs the books of small companies to size up their finances. But to give clients a real-time snapshot, it seeks bank partners that will provide checking and credit card account information.
September 7 -
The fintech's partnership with the world's largest card network allows it to expand in a market where red tape has stymied many U.S. payment companies.
September 7 -
Citibanamex is developing data-sharing tools to enable fintechs to become its partners — before they can become competitors.
September 3 - PSO content
Individual stock trading may seem far removed from these companies' core payments business, but the service could fatten account balances and increase customer engagement.
September 2 -
It’s been going on in Europe for some time, but more U.S. banks are working with retailers, health care providers and other companies behind the scenes to offer loans, cards and other financial services.
August 30 -
Dave banking app originally created to do away with overdraft charges has taken the industry by storm. It's on a mission to advance financial opportunities for all Americans. Join Penny Crosman, Executive Editor of American Banker and Jason Wilk, CEO and Co-Founder of Dave as they talk about how this app is changing the way people manage their money and what’s in store for the future of one-stop-shops for finances.
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The Fed, FDIC and OCC have issued guidance that says community banks should consider risk factors such as financial strength and business experience when evaluating potential fintech partners.
August 27 -
Some credit unions are leaning heavily on tech partners to speed payments and loan decisions, offer online financial planning sessions and deploy virtual assistant technology developed at MIT.
August 27