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Technology companies are wooing customers away from traditional financial institutions. If banks want to address this threat, they need to rethink their business models and stop chasing profits at all costs.
January 6
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New screens are treated with an agent that deters the growth of bacteria. Will germaphobes welcome them?
January 6 -
Scott Sanborn, the chief operating officer of established alternative finance giant Lending Club, has joined the board of CircleUp, an emerging online marketplace for private equity investment.
January 6 -
This may be the year that banks finally adapt to the new risk landscape by shaking up their boards, bolstering cybersecurity and increasing vendor management.
January 6
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A fired Morgan Stanley financial adviser accused of stealing client data never intended to sell the information and "is extremely sorry for his conduct," his lawyer said.
January 5 -
Moven has modified its personal financial management app to work on a smartwatch. Will millennials be more likely to heed spending advice delivered to their wrists rather than their phones?
January 5 -
Last year regulators tightened their grip on Wall Street, while banks were caught off guard by emerging cybersecurity and reputational risks.
January 5
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Behind the scenes at SafeAmerica Credit Union's core conversion, a tech executive finds the project consumes more of his time than he ever thought it would, with tasks like testing, data cleansing and data integration requiring attention.
January 2 -
Fearless forecasts from BankThink's stable of industry veterans, experts and critics.
January 2 -
Square is committed to its diversification strategy, furthering its transformation from a simple mobile point of sale provider to a company that also handles small-business loans, marketing and e-commerce.
December 31 -
Banks are still throwing support behind Apple Pay 10 more banks signed up for the service in mid-December. Yet many say they're keeping their mobile wallet options open.
December 31 -
The fast-food chain Chick-fil-A has confirmed that it was the victim of a recent data breach.
December 31 -
The cash register company turned ATM maker purchased online and mobile banking provider Digital Insight to better compete in digital banking and to let banks offer customers seamless interactions between channels.
December 30 -
The Federal Bureau of Investigation is looking into whether hackers working on behalf of any U.S. financial institutions disabled servers that were being used by Iran to attack the websites of major banks last year.
December 30 -
Biz2Credit, an online lending marketplace geared toward small businesses, has received a $250 million investment capital agreement from Direct Lending Investments, a fund that purchases small business loans through online and peer-to-peer lending platforms.
December 29 -
Tech startup Global Debt Registry hopes a central, online record of consumer debt will help end abuses in collection practices. But the byzantine world of debt collections is full of challenges.
December 29 -
Credit Karma has begun offering on-demand access to credit reports from Equifax.
December 29 -
Experian will now offer FICO credit scores through its direct-to-consumer products, the Costa Mesa, Calif.-based credit bureau announced today.
December 29 -
Imagine a future where we access accounts or pay for groceries using a bracelet, a wristwatch or even a temporary tattoo. Disney's MagicBand provides a glimpse of what's possible for wearable devices.
December 29 -
The trend toward connecting more devices to the Internet than just computers or phones is often referred to as the "Internet of Things."
December 29






