Fintech
Fintech
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The rate of venture funding to startups run by women continues to decline.
January 3 -
Lenders must not use new technology and increased access to credit products as a way to exploit borrowers into overextension.
January 2 -
Truist CIO Ken Meyer and other bank leaders are seeing the chance to hire engineers, developers and data scientists.
December 30 -
Every issue of the magazine provides great features, opinion pieces and more about the issues keeping industry leaders up at night. Here is a look at some of the most exemplary coverage from the past 12 months.
December 30 -
Digital banking apps such as Daylight, Greenlight and Re:start are helping their customers do more than stash paychecks and save for the future.
December 29 -
Telhio Credit Union in Ohio hopes to help contractors verify their earnings when applying for loans and other financial services.
December 29 -
Even as DeFi remains mostly unregulated, it offers no shield against the legal consequences of alleged fraud.
December 29 - AB - Technology
Federal agencies' complaints against FTX's leaders have led to scrutiny of the banks it worked with. While it's unlikely the bankers will be held accountable for the cryptocurrency exchange's wrongdoing, the case could make it more difficult any bank that wants to work with crypto-related businesses.
December 28 -
American Express, LendingClub and Webster Bank are among the financial firms that named new chief information officers and chief technology officers.
December 26 -
The $23 million deal, announced more than a year ago, was terminated following regulatory delays.
December 23 -
The National Credit Union Administration will soon name a director for its Office of Financial Technology and Access, which Hood — a board member and former chairman of the agency — created. He explains in an interview why the office's work is a priority.
December 23 -
Banco Bradesco, Brazil's second-biggest bank by market value, plans to buy more minority stakes in tech companies to accelerate its expansion in the United States.
December 19 -
Investors are learning the hard way, again, that highflying new financial products, with little or no regulatory oversight, tend to crash.
December 19 - AB - Technology
The former chief innovation officer at Quontic Bank and American Banker's 2020 Digital Banker of the Year is offering seminars, a bank-fintech matchmaking platform and a fintech investment fund.
December 16 -
The Small Business Administration must be prepared to effectively oversee any new lenders it allows in its flagship 7(a) loan guarantee program to guard against fraud and other risks, Democrats and Republicans on the Senate Small Business Committee warned.
December 14 -
Mitsubishi UFJ Financial Group is in talks to invest about $200 million in Akulaku, an Indonesian online lender backed by Jack Ma's Ant Group, according to people familiar with the matter.
December 14 -
The deal is the banking titan's latest investment in fintech.
December 13 -
Regulators are chastising banks for compliance lapses among their fintech partners. But some say the software companies that connect them share some responsibility.
December 13 -
A special-purpose acquisition company is merging with a bank as its affiliated startup still lacks its own national bank charter.
December 9 -
In a tight job market, banks are exploring new ways to find the employees they need.
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