Technology
Technology
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Readers weigh in on big tech companies walking away from OCC's fintech charter, House committee wanting Facebook to halt Libra, calls to stop Congress from delaying CECL, and more.
June 20 -
The Michigan-based CUSO has acquired a stake in NestReady, giving it exclusive industry rights on the mortgage technology firm's products.
June 20 -
Amazon’s move pressures other merchants to add speed to e-commerce delivery while adding a few more steps to vet payments, writes Monica Eaton-Cardone, COO of Chargebacks911 and CIO of its parent company Global Risk Technologies
June 20 -
Credit unions have not invested enough in analytics. But changing that would help the industry compete with big banks and improve efficiencies.
June 20 -
The move to add dozens of branches, many in low- and moderate-income neighborhoods, continues a strategic shift under retail banking chief Pablo Sanchez.
June 19 -
Senators will examine the social media giant’s plan to offer a digital currency. House Financial Services Committee leaders have already criticized the idea.
June 19 -
First Internet is poised to acquire an SBA lending team to help it meet an ambitious loan target for the year — a target the CEO plans on doubling in coming years.
June 19 -
Wirecard has introduced a new biometric payment approach enabling consumers to check out in stores by scanning their palms.
June 19 -
Facebook grabbed the spotlight this week with the announcement of its Libra cryptocurrency initiative, and its list of high-profile supporters suggests that it's the only game in town. But banks have their own projects in the works.
June 19 -
Many might think that the technological disruption of the industry is already underway, but it’s likely that the most significant restructuring is still yet to come.
June 19 -
With millions of consumers switching their primary financial institution annually, many credit unions are faced with a quandary: come up with the money for digital offerings or risk losing a growth opportunity.
June 19 -
House Financial Services Committee Chairwoman Maxine Waters and Rep. Patrick McHenry, the top GOP panel member, said Facebook must testify about Project Libra.
June 18 -
Many people still distrust banks, but many also look askance at the social media giant, making it an unlikely savior of the unbanked.
June 18 -
Open-banking technology provider Token has secured $16.5 million in a strategic investment from investors that include Opera Tech Ventures, the venture arm of BNP Paribas.
June 18 -
There’s a long list of reasons traditional lenders haven't kept up with the needs of entrepreneurs, says Judith Erwin, the head of Grasshopper Bank in New York. One is not asking for enough feedback.
June 18 -
Both are useful, but each has specialties in protecting different types of transaction processes, according to Rambus Payments' Andre Stoorvogel.
June 18 -
Facebook is focusing the initial discussions around its cryptocurrency project as a preemptive strike against the privacy and legal concerns the public and politicians have about the huge social network.
June 18 -
The company will create a regulated subsidiary offering a digital wallet; San Francisco Fed wants CRA credit for loans that help prepare for climate change.
June 18 -
Investment in B2B fintech startups has been ramping up for the past couple of years, and in the next year we’ll start to see businesses reaping the benefits of the fintech wave, says Nvoicepay's Karla Friede.
June 18 -
The Dutch company is no longer a bank in some countries, but more of a digital matchmaker between consumers and financial products provided by third parties, explains innovation chief Benoit LeGrand.
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