Fintech
Fintech
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Visa is becoming more reliant on the businesses that it could have easily considered rivals just a few years ago.
October 24 -
Rakefet Russak-Aminoach, who will leave the company at the end of the month, has raised net profit and lowered costs by revamping its technology and culture.
October 24 -
With Congress deadlocked on a future for Fannie Mae and Freddie Mac, the administration is prepping to move by itself.
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Originally formed to help consumers spot recurring charges, Truebill is adding banking and financial management features to its app.
October 23 -
Outages last week at Chime and Varo Money have executives on the defensive.
October 23 -
A majority of banks globally may not be economically viable because their returns on equity aren’t keeping pace with costs, the consultancy said in its annual review of the industry released this week.
October 22 -
Facebook’s cryptocurrency would not help underserved communities, despite the claims of its CEO, who is slated to appear before Congress this week.
October 22 -
The judge sided with the New York State Department of Financial Services, which had sued the OCC over the proposed charter.
October 21 -
Draft legislation would amend the Bank Service Company Act to give the National Credit Union Administration third-party vendor oversight, a power it has been requesting for the better part of two decades.
October 18 -
PayPal’s latest move to jolt Venmo’s revenue is a co-branded credit card developed with Synchrony — something that challenger banks and fintechs may rush to compete against.
October 18 -
The big five banks had divergent results; San Francisco Fed publishes 18 papers on the dangers posed to businesses and communities by climate change.
October 18 -
The service from Evolve Bank & Trust and Branch lets workers access a piece of their next paycheck to meet unexpected expenses.
October 18 -
Readers cast doubts on regulatory attempts to jointly revamp the Community Reinvestment Act, react to Democrats berating the CFPB head, an upcoming House hearing with Facebook's CEO and more.
October 17 -
The U.K.-based fintech says that a recent crowdfunding campaign shows demand for its product, even though the amount it raised is well below funds obtained from VCs.
October 17 -
The fintech provides API support to Chime, Varo Money and other challenger banks.
October 17 -
As the administration gears up to end a decade of government control of Fannie and Freddie, are there any good options?
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Third quarter profits at JPM, Wells Fargo and Citigroup got a boost from consumer banking; the company tells Fed it will remain a passive investor.
October 16 -
The bank is providing a point-of-sale loan to women seeking IVF treatments and getting funds to clinics, in some cases, within 24 hours.
October 15 -
Companies are turning off prospective customers and employees with misguided approaches.
October 15 -
Community banks and credit unions are eager to innovate, but technology upgrades must be done first, says Bruce Lowthers, FIS banking solutions president.
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