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Heightened competition from nonbanks, the rise of populism and the uncertainty surrounding Libor’s demise are just some of the short- and long-term threats facing big banks, risk executives say.
November 2 -
Western Union and Amazon are collaborating to bring the e-commerce giant's services to consumers who may not currently have access to online shopping or those who prefer not to make digital payments.
November 2 -
Instead of focusing on testing grounds for fintech startups, regulators should develop initiatives to improve their own oversight and compliance technologies.
November 2
Alliance for Innovative Regulation -
The suit is tied to Walmart's decision to shift its credit card business to Capital One.
November 2 -
The two allegedly helped to defraud a Malaysian sovereign wealth fund; Michelle Bowman is expected to bring a Main Street perspective to the central bank.
November 2 -
Payments technology veteran Will Graylin is looking to build support for OV Loop, a universal conversation and commerce app he developed that harnesses any handset’s texting capabilities to support voice, text or video messages with an e-wallet to store tokenized payments.
November 2 -
Readers respond to an FTC settlement with SoFi, weigh calls to simplify Wells Fargo, consider crypto's revolving door and more.
November 1 -
One of the biggest sticking points as regulators try to reform the Community Reinvestment Act is expanding the assessment footprint but ensuring banks continue to serve their direct communities.
November 1 -
Most people who won't tell another human being they're broke, but they will tell a chatbot, said Patrick Kelly, assistant vice president for digital product development at USAA.
November 1 -
Michelle Moore, head of digital banking at Bank of America, explains the top use case for the virtual assistant so far.
November 1 -
The report by the Consumer Federation of America said the regulatory agency has "ample legal authority" to enforce the Military Lending Act despite the bureau's plans not to examine firms for compliance.
November 1 -
Ant Financial’s push to expand global acceptance of its Alipay mobile wallet to wherever Chinese tourists go continues in Australia through Tyro, a fintech payments operation that obtained a banking license in 2015.
November 1 -
Jelena McWilliams has signaled a thaw in the agency’s approach to industrial loan companies, but she said tech firms and other nonbanks seeking charters should face the same level of regulatory scrutiny as more traditional banks.
November 1 -
The approval marks the New York’s bank regulator 12th license to a crypto-related business.
November 1 -
The advocacy group argues that major core processors are not helping small banks keep pace with customers' technology demands.
November 1 -
Koebler, the bank's head of consumer lending, will replace Jerome Lienhard, who is retiring.
November 1 -
The credit card company's filings mirror patents Bank of America, Barclays and TD Bank have submitted in the past two years that focus on how funds transfers and data security would augment blockchain technology.
November 1 -
The Dallas bank inherited the five Bank of the Hills branches when it acquired Sterling Bancshares in 2011.
November 1 -
The $660 million investment from Hudson Executive Capital is seen as a vote of confidence in Deutsche Bank CEO Christian Sewing.
November 1 -
Regional lenders would be subject to less regulation while the biggest banks would see no change; the insurance giant got hit with claims from several large natural catastrophes.
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