Consumer banking
Consumer banking
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There were bound to be growing pains in the friendship between banks and fintech. Bankers plugged into the world of innovation give their advice on overcoming the challenges.
October 5 -
Banks are expected to spend more on technology in the coming year, with the cash earmarked for things like upgrading mobile apps and adding self-service tech in branches.
October 5 -
The once-icy relationship between banks and fintechs thawed quite a bit in the last year. The next step might be for banks to start buying startups.
October 5 -
A new app aims to modernize the automobile financing process by allowing car shoppers to get credit approval on their phones.
October 5 -
First Foundation in Irvine, Calif., has agreed to buy a pair of branches from Pacific Western Bank in Beverly Hills, Calif.
October 4 - Nevada
The Federal Trade Commission took a victory lap Tuesday in its fight with race car driver Scott Tucker and his payday lending operation.
October 4 -
Wells Fargo Chief Executive John Stumpf may get a third grilling by lawmakers over the fake-accounts scandal that continues to embroil the San Francisco bank.
October 4 -
More than $100 billion in securitized commercial mortgages come due soon, many of them still underwater.
October 4 - California
Wells Fargo, the lender grappling with a scandal involving unauthorized customer accounts, had its outlook lowered to negative from stable by Fitch Ratings.
October 4 -
The bank's fake account scandal is further reason to make the results of Wells' 2012 Community Reinvestment Act exam public.
October 4 -
The Federal Reserve said Tuesday that 19 private-sector proposals are now under review by nearly 500 members of two separate task forces, one of which was established to chart a path toward a faster payment system, and the other focused on payment system security.
October 4 -
Information security, internal controls, workforce planning and building renovations are priorities that the Consumer Financial Protection Bureau should quickly address, its inspector general said last week.
October 4 -
Medallion Bank in New York has sold its asset-based lending division to an unnamed buyer.
October 4 -
Royal Bank of Scotland will soon launch a customer pilot of Luvo, a chat bot taught to answer customers' questions in near-real time and route more complex requests to advisers using IBM Watson Conversation.
October 4 -
Mission Asset Fund has helped people build their credit by formalizing the informality of lending circles. The John D. and Catherine T. MacArthur Foundation recently named Mission's CEO José A. Quiñonez one of its 2016 Fellows.
October 4 -
Visa, MasterCard and American Express lost an early round of a lawsuit alleging they colluded to pin liability for fraudulent transactions on merchants who didn't meet a chip-reading technology deadline.
October 4 -
Male bankers are often unaware of how they benefit from a level of privilege that limits the advancement and contributions of their female colleagues, to the detriment of the entire industry.
October 4 -
Standard Chartered in London has hired a key executive from Independent Bank Group in McKinney, Texas, to oversee its U.S. operations.
October 4 -
B of A's Merrill Lynch unit by early next year plans to join Charles Schwab, Fidelity Investments, BBVA Compass, U.S. Bancorp and others in offering clients a low-cost investing app and online service.
October 3 -
Capital One Financial plans to start issuing credit cards for the outdoor equipment chain Cabela's under a deal connected with the retailer's expected sale to Bass Pro Shops.
October 3





