Technology
Technology
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Fintechs like LendingClub and Varo Money illustrate how the traditional financial system is changing. Banks that don’t rapidly evolve with technology will be obsolete.
March 5 -
The best community banks layer human-facing services with new technology to beat the heavyweights in their market.
March 5 -
Banks make emergency preparations as HSBC deals with confirmed case; the changes simplify regulations without posing additional systemic risks, the Fed says.
March 5 -
In spite of MGM’s quickly notifying hotel guests impacted by the breach in accordance with applicable state laws, it’s a clear concern that many of the contact details were still valid, particularly the phone numbers, says Shared Assessments' Tom Garrabba.
March 5 -
Compliance, risk management and staffing will likely come under added scrutiny as regulators lay out a framework for future fintech-bank mergers.
March 4 -
An innovative approach to settling trades pioneered by the bank and the tech firm Paxos Trust could start a wave of real-life use of distributed ledgers on Wall Street.
March 4 -
The global efforts to contain the coronavirus outbreak are leading to drastic actions that test the limits of what consumers will accept when governments and other entities use their payment data.
March 4 -
Attempts to rewrite the method for determining unintended discrimination in housing should not bleed into fair-lending laws.
March 4 -
Prodigy, a fintech focused on mobile solutions for credit unions, has a new CEO in the wake of a retirement.
March 4 -
Duplicates can take many different forms and can be difficult to find in a manual review process, says AppZen's Josephine McCann.
March 4 -
Banks are so caught up in the newest technology trends that they lose sight of the need to build a talented workforce and a purpose-driven organization.
March 3 -
LendingClub and Varo Money are making inroads into the traditional financial system, but other fintechs still face long odds.
March 3 -
Banks, especially smaller ones, are more worried about the competitive inroads that Apple Pay, Venmo and others have made than they are about tech companies' incursions into other financial segments, according to a new survey by Promontory Interfinancial Network.
March 2 -
More work is needed to bring processing up to speed for digital payments, according to Neocova's Sultan Meghji and Kelsey Weaver.
March 2 -
The Treasury secretary’s recent Senate testimony coming down on cryptocurrencies is misguided. Regulations should require building better blockchain technology at the banks.
March 2 -
Some institutions have taken steps to ensure their websites meet accessibility standards, but experts say many credit unions could still be doing more.
March 2 -
For real-time payments, there are national schemes to help drive adoption and enhance consumer convenience, according to Standard Chartered's Tarek Elyafi and Shantanu Vijaykumar Bhosale
March 2 -
Consumer response to banking by smart speaker has been underwhelming. But a handful of financial institutions keep plugging away in hopes customers warm to the advantages of verbal commands instead of pushing buttons.
March 1 -
How New York became Wells Fargo's new center of power; banks walk fine line in preparing for a coronavirus outbreak in U.S.; bankers on Bernie's electoral chances and whether a Sanders presidency would pose a threat; and more from this week's most-read stories.
February 28 -
A CFPB event on data-sharing issues gave the parties a chance to debate the merits and risks of screen scraping, what can replace it and what consumers really want.
February 27


















