Fintech
Fintech
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With lawmakers unlikely to act in the near future to ease financial institutions' regulatory burden, new technologies could be the solution to credit unions’ AML woes.
August 27 -
The Madison, Wis.-based think tank will launch its Centers for Excellence starting next year.
August 26 -
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Blooma has developed a software product that combs databases to create property profiles for commercial real estate lenders. It can drastically cut origination costs and approval times and help banks identify safer loans, the company says.
August 23 -
Most people don't actually like the experience of doing banking, but credit unions can take steps to make it more rewarding.
August 23 -
Real-time transactions, reward points and early access to paychecks are among the features N26 is attempting to sell consumers here.
August 22 -
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While bank stocks flounder, their bonds are seen as a haven against a possible recession; the senator asks bank about overdraft fees on closed accounts.
August 22 -
Credit unions have largely moved past their distrust of fintechs, but plenty of institutions still face challenges when it comes to finding the right vendors.
August 22 -
Capacity, formerly Jane.ai, originally designed its chatbot to answer consumers' questions, but when employees started using it, that gave the startup an idea for a new business line.
August 21 -
The power couple wants to help turn Acorns Grow from a niche app into a megabank; with many floating-rate loans, regionals’ profits drop as yields slip.
August 20 -
A range of startups are experimenting with more ethical retirement savings products than traditional reverse mortgages and annuities, says venture capitalist Ben Cukier. However, according to Cukier, they're too focused on millennials and ignoring a group with more urgent needs and greater wealth — baby boomers.
August 19 -
Banks are under competitive and regulatory pressure to either compete or partner with fintechs that support services such as mobile payments, and credit unions are in the same boat — though with a very different challenge at the start.
August 19 -
Issuers like Chase and Citi that added installment features to compete with digital lenders will need to think beyond traditional card options.
August 16 -
Employees saw the bank’s cybersecurity unit's shortcomings; the state seeking records related to hidden profits from the family's opioid business.
August 16 -
The Electronic Transactions Association has named Jodie L. Kelley as its new CEO to replace Jason Oxman, who left in January.
August 15 -
Payment companies have made substantial investments into new identity rules in Europe, but the deadline has become a moving target with different agencies offering conflicting or unclear guidance.
August 15 -
The LendingClubs and SoFis of the world have a big head start, but HSBC's U.S. unit says its partnership with the fintech Avant will help it close the gap in online personal loans.
August 14 -
Regulatory sandboxes can create a lot of opportunity for the winners but inadvertently put losers at a competitive disadvantage.
August 14

















