Fintech
Fintech
-
A new group called MoreThanFair aims to establish the lines between fair and unfair lending, to set best practices for the use of AI in lending and to lessen the stigma of fintech lenders.
September 19 -
Consumers and small business could eventually feel the impact of stepped-up regulatory scrutiny of bank-fintech partnerships.
September 16 -
The Consumer Bankers Association and the Center for Responsible Lending said the Consumer Financial Protection Bureau should renew its efforts to level the regulatory playing field between larger bank and nonbank companies that make installment and other kinds of personal loans.
September 15 -
The neobank combines digital banking with community-based assistance.
September 15 -
In global news this week, Western Union buys a digital wallet maker in Brazil, DBS in Singapore embarks on a green metaverse project, the U.K.'s Wise launches a digital cross-border payments service, and more.
September 14 -
Regulators are starting to look at bank-fintech partnerships as a source of systemic risk, but the real problem is the lack of consistent prudential rules outside of banking.
September 13 - AB - Technology
Regulators have been sending out warning signals about the partnerships between banks and fintechs. Does this mean banks and fintechs have to change what they're doing?
September 13 - AB - Technology
The three challenger banks have defied the odds and created business models that have made them net positive in a market where fewer than 5% of startups are making money.
September 12 -
Revolut Ltd. is launching a one-click payment feature in a bid to rival PayPal Inc. and other tech giants at online checkouts.
September 9 -
JPMorgan Chase is considering buying a stake in Yapily, a financial technology startup that's seeking to raise fresh funds, people familiar with the matter said.
September 8