Fintech
Fintech
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The agency’s move to offer a national charter for fintech firms will undermine state authority and give certain firms an unfair advantage.
August 10 -
The bank's $7 million over four years toward the initiative is its largest overseas philanthropic commitment.
August 9 -
A week after the Treasury Department laid out a plan for federal fintech regulation, it is already unclear which agency is leading the charge.
August 9 -
Voice assistants impress at tech demos, but new research shows bank customers aren't ready to ask a speaker about their accounts just yet.
August 8 -
In recent weeks, several banks and fintechs have added new branches or new units, and in the process brought aboard new leadership. Here's a roundup of key hires.
August 8 -
The bureau announced the creation of the Global Financial Innovation Network for regulators to discuss joint policy work and offer a cross-border product testing process.
August 7 -
The skeptics keep waiting for investment in financial startups to dry up, but it doubled in the first half of 2018. KPMG's Safwan Zaheer explains why.
August 7 -
The agency’s decision to offer special-purpose charters for fintech companies raises questions about how those institutions will be overseen and the risks they could pose to the system.
August 7 -
The bureau wants to encourage more innovation without the threat of enforcement, but observers say regulators also need a testing ground to prove they can regulate fintech.
August 6 -
A $52 million-asset African-American-owned bank in South Carolina is hoping its efforts can be expanded to help underbanked consumers nationwide.
August 6 -
Consumers are back to their old spending and saving habits; Trump administration is encouraging financial innovation; how the financial crisis shaped today's politics; and more from this week's most-read stories.
August 3 -
The OCC has simplified language detailing how fintech charter applicants will clear requirements for meeting community needs. The move has some consumer groups worried.
August 3 -
The company’s first COO, Vishwas Prabhakara, is hoping to help the automated savings app startup build scale.
August 2 -
The trend poses challenges for banks, which have long required customers who want fees waived to put in their own effort.
August 2 -
Three credit unions have signed on with the Costa Mesa, Calif.-based fintech aimed at helping consumers pay down credit card debt.
August 2 -
The industry group wants the FDIC to reject an ILC request from student lender Nelnet and impose a two-year ban on future applications.
August 1 -
Treasury, OCC want to make it easier to compete with banks; the two banks will sell notes and other products through a broker network.
August 1 -
The larger the business grows, the more difficult and time-consuming it will be to make the fundamental changes required, according to Justin Shipe, vice president of information security for CardConnect, and Aaron Largent, director of infrastructure for CardConnect.
August 1 -
The Trump administration is making more than 80 recommendations to encourage financial innovation within a regulated space, including endorsing the creation of a federal fintech charter.
July 31 -
Paying international suppliers through a bank portal is a painful, expensive process that creates unnecessary friction for burgeoning cross-border trade. There are better fintech alternatives, writes Karla Friede, CEO of Nvoicepay.
July 31




















