Fintech
Fintech
-
Big banks and wealth managers are unwilling to sacrifice fee income and make other changes to catch up with their customers' digital demands, fintech leaders said.
June 20 -
Paycheck information gleaned from bank accounts is emerging as an alternative to verifying a mortgage applicant's income and employment with a 4506-T tax transcript request to the IRS.
June 20 -
Robinhood Markets has more than 4 million U.S. consumers using its free stock-trading platform. Now, it's in talks to offer them other banking services like savings accounts, according to people familiar with the matter.
June 20 -
Fountain City Fintech, a program planned by NBKC Bank, would be one of the first fintech incubators formed by a community bank.
June 20 -
JPMorgan Chase and Wells Fargo are following Silicon Valley's lead by offering new fee-free accounts. While there are risks involved, the cost of doing nothing would be significant, analysts said.
June 19 -
Wells Fargo on the receiving end of USAA's long-standing intellectual property threat; millions are mad about Erica, Bank of America's virtual assistant; relief may be in reach for bankers fed up with SARs; and more from this week's most-read stories.
June 15 -
Opening internet cafes and investing in new technology are part of an effort to provide nimble, efficient services, the bank's CFO said in a strategy talk.
June 14 -
Security Group was fined $5 million for abusive collection tactics; the Dutch payments company is now valued at nearly $16 billion.
June 14 -
The internet-only bank plans to offer businesses a way to quickly open accounts online.
June 12 -
From the opportunities — and threats — in artificial intelligence to envisioning a world in which "Wi-Fi is like air," here is what everyone was buzzing about at American Banker's Digital Banking conference.
June 11 -
According to one analyst, the threat from fintech was overrated – but there are plenty of other tech trends credit unions need to be ready for.
June 11 -
The London company unveiled FusionFabric.cloud at Money 20/20 Europe this week.
June 8 -
Developing technology in-house and then licensing it is one way a small bank can build a reputation as an innovator.
June 8 -
Facebook, Apple, Amazon, Netflix and Google garner so much attention that they have their own collective shorthand, FAANG. But it was a mostly different set of companies, including Starbucks and Acorns, that were top of mind this week for their financial services moves.
June 8 -
Banks will need to evolve further and faster to reach consumers in an interconnected, always online world, according to industry leaders.
June 7 -
The bank’s joint initiative with CFSI awards capital to firms trying to address issues that the startup teams personally experienced.
June 7 -
At American Banker’s Digital Banking conference in Austin, industry leaders wrestled with philosophical questions about artificial intelligence and the rapidly evolving expectations of customers.
June 6 -
Julieann Thurlow, CEO of Reading Cooperative Bank, argues that tech-savvy lenders like SoFi can draw in low-risk borrowers with a fast, simple online process.
June 5 -
In opening offices in several German cities, Silicon Valley Bank is seeking out familiar kinds of high-tech customers in a new market. This is a venture any midsize bank could learn from.
June 4 -
The $142-billion asset bank expects to deepen relationships with existing customers and add new ones, by collaborating with Intellect Global Transaction Banking to develop new services.
May 31



















