Fintech
Fintech
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Fintechs want access to customers’ financial data, but banks are resisting, on security concerns; Deutsche Bank may cut bonus pool 20% after 14% drop last year.
December 16 -
While the road to API connectivity has not been smooth, solid progress is being made in connecting banks to third parties, says Token's Todd Clyde.
December 16 -
Swedish payment provider Klarna Bank AB is preparing for a potential initial public offering in the next one or two years as the most valuable European fintech startup expands rapidly in the U.S.
December 13 -
The SoFi co-founder said Figure Technologies is working with national banks to employ its distributed ledger tech for loan originations.
December 13 -
Payment companies looking for relief from international political chaos got a moment of clarity in the form of a decisive U.K. election and nominal progress in the trade war.
December 13 -
The United States could be the point-of-sale lender's largest market within two years, its CEO says. The firm's investors include BlackRock, Sequoia Capital and the rapper Snoop Dogg.
December 13 -
In many ways, the payments industry resembles the health care business — pulled into the future by rapid digitization and conflict over the role of government.
December 13 -
More digital competition, tougher tech choices and a completely new generation of customers are just some of the challenges facing bankers in the near future.
December 12 -
Casting aside recession fears, the credit bureau predicts credit cards, mortgages, auto loans and unsecured personal loans should all perform well — including those extended by online lenders.
December 12 -
Testing shows an overreliance on machine learning data can unfairly harm credit scores.
December 12 -
Casting aside recession fears, the credit bureau predicts credit cards, mortgages, auto loans and unsecured personal loans should all perform well — including those extended by online lenders.
December 12 -
Todd Gibbons, who succeeded Charlie Scharf in September, said tech investments give the custody bank a competitive edge and make it more efficient.
December 11 -
Radius Bank is letting consumers open accounts through NerdWallet as part of its banking-as-a-service offerings to reach customers through third parties.
December 11 -
It sounds like something that should be simple — letting a customer pay off their credit cards with a new personal loan — but it's not, according to Dave Girouard, Upstart's CEO.
December 11 -
Banks are increasingly sharing data and must brace for new regulations protecting that data.
December 11 -
JPM’s CFO says trading, investment banking revenue better than expected; the bank will pay $192 million to settle charges it helped customers hide assets.
December 11 -
The startup Rho argues that small firms still have unmet needs, especially tracking cash flow in real time.
December 10 -
Visa has formed a strategic partnership with Global Processing Services. It also announced its Visa Direct debit push service will power real-time cross-border payments in Europe via TransferWise.
December 10 -
The leader of a new Compliance and Payments Task Force dives into how it will address emerging issues of counterterrorism financing in the digital age.
December 10 -
The international regulatory group said that despite some benefits from tech firms' incursion, the companies' efforts may present operational and disruption risks.
December 9
















