Fintech
Fintech
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The Wikibuy purchase follows acquisitions of a personal financial management provider and a firm that helps digital shoppers get price adjustments.
November 20 -
Neobanks create lots of buzz — and command the attention of venture capital firms — but there are questions about how big of a threat they pose.
November 20 -
In a bid to help younger consumers, CommunityAmerica Credit Union’s new FAFSA chatbot can answer more than 400 questions about applying for federal student aid.
November 20 -
Andrew Keys, co-founder of the venture capital firm ConsenSys Capital, has a vision of the future bankers might find chilling, in which banks and other middlemen are cut out of financial services.
November 19 -
The Omidyar Network has invested in five challenger banks. Tilman Ehrbeck, who is leading its financial inclusion efforts, says the firm will invest more in apps for gig workers and retirees next year.
November 16 -
Self Lender is launching a secured credit card next year in the hopes of attracting big-bank partners that can use it to comply with the Community Reinvestment Act.
November 15 -
FDIC Chairman Jelena McWilliams questioned whether regulators and banks are fully capturing the emerging risks of a new shadow banking system.
November 15 -
Upturn, which is owned by a BBVA unit, is offering a free online tool consumers can use to detect and dispute inaccuracies in their credit report.
November 15 -
As an industry, we need to take the risks of poor AI design and algorithmic bias seriously, says Ralf Ohlhausen, business development director at PPRO Group.
November 15 -
Wells Fargo explains to the "girls" that there really is no gender bias, but that guy is retiring, OK? Rana Yared is one of Goldman Sachs' 18 new female partners. And Mary Meeker sets a huge target for the venture capital firm she'll create to invest in tech startups.
November 14 -
The online-only bank hopes new leadership can help it overcome its rocky past three years.
November 14 -
The online lender will roll out its first new product in 12 years, a home equity line of credit. But it's taking a different approach than with its original offering.
November 14 -
The massive number of fraudulent bot attacks on the payments ecosystem and financial services is compounded by the fact that many current data protection tools are not designed to detect this automated crime network.
November 14 -
The Federal Reserve is paying close attention to how it might regulate artificial intelligence and machine learning, Fed Gov. Lael Brainard said in a speech Tuesday.
November 13 -
Policymakers and industry officials should join forces in creating regulations and standards for cryptocurrencies, artificial intelligence and other innovations before they become more widespread.
November 13 -
Motor vehicle agencies are better suited to vet customers’ identities than banks; Goldman unit is stealing customers from big U.K. banks.
November 13 -
Gartner recently predicted that 80% of banks will become irrelevant by 2030. Analyst Peter Redshaw explains the strategies banks need to execute to survive.
November 13 -
Serial neobank entrepreneur Anthony Thomson is building his third institution, this one in Australia. Here's what he's learned about the industry as he embarks on another run.
November 12 -
Consolidation across the financial space isn't going to slow down, but one analyst says credit unions have a significant advantage over the competition.
November 12 -
The ploys vary widely—digital tracking, fee incentives and "coopetition"—but banks are turning up the volume on innovation to pry businesses away from checks and keep them from signing up with rival tech startups.
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