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Bankers cannot say that real-time doesn’t matter or that the status quo is fine, according to Neocova's Sultan Meghji and Kelsey Weaver.
March 12Neocova -
As the fintech industry looks for ways to bring on more women, crossover hiring — recruiting from traditional financial services firms to fintechs — has emerged as an effective strategy, Donna Parisi of Shearman & Sterling and Michelle Tran of NYC Fintech Women write.
March 12NYC Fintech Women -
More than six industry events have been cancelled or put on hold in five days, with more likely to follow.
March 12 -
Credit unions intensified their focus on gathering deposits in 2019 but many institutions are still looking for cheaper core funding.
March 12 -
The Amazon effect in financial services will be much bigger than the one experienced by the retail industry—it will have a deeper impact due to the financial services industry being bigger and more vulnerable, and because consumers are now more comfortable with change, says TigerGraph's Todd Blaschka.
March 12TigerGraph -
Firms such as Afterpay that offer financing to shoppers have been enjoying rapid growth. But their model is under scrutiny from regulators, being mimicked by credit card lenders and faces heightened risks in a downturn.
March 11 -
A decision by regulators on how to move forward with the controversial charter could have broad implications for fintech firms that want to enter the banking system.
March 11 -
The banking lobby asserts that the NCUA's field-of-membership rule goes beyond the agency's legal mandate.
March 11 -
The bank’s former chair expressed regret over comments attributed to her in a House report, while Democrats and Republicans butted heads over whether the hearing was necessary.
March 11 -
The National Association of State Credit Union Supervisors expects to hold the conference later this year but a specific date has not yet been set.
March 11