Fintech
Fintech
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London is battling other cities, which are trying to use the political uncertainty of the U.K.'s exit from the European Union to lure payment startups and other financial technology companies.
October 27 -
Readers weigh in on Amazon as a bank threat, claims that big banks are poor fintech partners, whether there are too many banks in the U.S. and more.
October 26 -
Metronome, the brainchild of Jeff Garzik, may appeal to banks as the world's first "cross-chain" cryptocurrency.
October 26 -
Catering to young clients, Finn by Chase blends instant account access, emojis and PFM tools.
October 24 -
Amy Nauiokas, co-founder of venture capital and advisory firm Anthemis Group, shares her take on the dearth of women in top fintech positions and how the industry could fix that.
October 24 -
This week’s show is the first episode of a spinoff, Breaking Banks Asia, hosted by Simon Spencer.
October 23 -
Steve Wozniak indicated that he'd like to see the Silicon Valley behemoth continue to partner with banks, rather than applying for its own charter.
October 23 -
British regulators are touting the success of their so-called regulatory sandbox. Their American counterparts have been unable to agree on a comprehensive scheme to foster innovation.
October 23 -
Though they won’t name names, fintech leaders claim tier-one U.S. banks string them along, fail to communicate, don’t pay anything and, worst of all, out-and-out steal intellectual property.
October 23 -
Trading on Friday afternoon pushed the cryptocurrency's market capitalization above $100 billion for the first time ever.
October 20 -
Stash is the latest young fintech to pair debit and savings products with financial advice as it competes for millennial clients.
October 20 -
Ditching paper and digitizing tasks help community banks operate more efficiently and write more profitable commercial loans.
October 19 -
The Federal Reserve Board governor sketched out a future in which U.S. banks remain at the center of commercial transactions.
October 19 -
Acting Comptroller of the Currency Keith Noreika pushed back against concerns that his agency's proposed fintech charter will unduly benefit nonfinancial firms.
October 19 -
In many countries, customers bank for free, but the reality is the poor largely subsidize “free” banking services through overdrafts and consumer loan payments. This model is seriously flawed, but it is about to change.
October 19 -
The Treasury Department will release a report early next year on opportunities and risks posed by fintech as part of administration efforts to reform the regulatory structure, Craig Phillips said.
October 18 -
Quarterly earnings at big five banks could have been worse; Chase to buy WePay, which helps online marketplaces and crowdfunding websites process payments.
October 18 -
Sir Tim Berners-Lee, creator of the World Wide Web, exhorted developers to think about unintended consequences, saying he felt guilty over the digital divide and the proliferation of fake news.
October 17 -
The president of the St. Louis Fed said that regulators should go back to the pre-Dodd Frank framework for small banks, while warning about changes to the system as fintechs expand their presence.
October 17 -
Minorities are more likely to turn to a financial technology firm than a bank when seeking a business loan, but they may pay higher interest rates, according to the preliminary results of a congressional investigation released Monday.
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