Technology
Technology
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The Bank of England is requiring Visa to appoint PwC as an independent third party to review the card brand’s progress in implementing recommendations that followed a 2018 outage in Europe.
March 8 -
The upstart lenders have been chipping away at credit cards’ consumer-lending dominance by offering fixed-rate loans with predictable repayment plans. Now the card giants are fighting back.
March 8 -
In the startup sector, female founders consistently receive far less venture capital than male founders, but a program by Quesnay is looking to change that.
March 8 -
BrightWise is a joint venture among the Iowa CU League, its holding company and LMG Security. The initiative aims to teach credit union professionals how to better protect their institutions.
March 8 -
Direct blockchain transfer of relief goods can help organizations navigate government bureaucracy quickly, avoid the potential mishandling of funds by intermediaries, and expedite aid to exactly where it is most needed, according to David Uhryniak, a blockchain services leader at Crowe LLP, and Brian T. Zygmunt, a partner at Crowe.
March 8 -
Digital-asset companies will try to develop a less adversarial relationship with the state's securities regulator, who stopped several startups from selling digital currencies as investments.
March 7 -
The lab works with more than 200 data scientists to create access to affordable credit and help financial firms match products to customers, the company says.
March 7 -
In a new, global twist to its ongoing Visa Everywhere competition, Visa is targeting female entrepreneurs who are looking for the right technology to solve their payment-related business problems.
March 7 -
Valley Bank spent millions on bank acquisitions under its previous CEO. Its new leader has taken a markedly different approach.
March 7 -
Control breakdowns and poor governance can affect fintech partnerships of all types, whether lending, payments, deposit-taking, wealth management, or insurance activities,according to Cliff Stanford, a partner in Alston & Bird's Financial Services and Products Group.
March 7 -
Criminals are inventing new ways to hide dirty money amid transactions for digital goods bought and sold on everything from Amazon to game-app sites. Banks need to wake up to the threat, says Ben Duranske, Facebook Payments' former compliance chief.
March 7 -
Pacific Mercantile and P2Bi are collaborating on a program to help businesses that are not ready for traditional bank financing.
March 7 -
The league will work with Quatrro Processing Service to provide member credit unions with access to emerging technologies to combat fraud.
March 7 -
Banks moving past traditional card lending to compete on POS; ; five board members plan to leave before the bank’s May meeting.
March 7 -
Small-business projects in India and Latin America will provide a test of how well an open source blockchain can reduce the fraud that can occur when businesses try to free up capital from outstanding payments.
March 7 -
Karen Mills, who led the Small Business Administration from 2009 to 2013, is joining the Eastern Bank spinoff Numerated as an adviser and investor as it tries to bring online-lending technology to community banks.
March 6 -
For years Carter Bank in Virginia had resisted technology of all kinds — even ATMs. But a leadership change, rising rates and a thirst for low-cost deposits finally led to a change in philosophy.
March 6 -
Is it realistic to think Wells Fargo might get a new female CEO? How one fintech makes women feel welcome, and how another fosters innovation. Plus some of our Most Powerful Women make big moves – two retire, one jumps from BNY Mellon to Amex, one exits a board and another joins one.
March 6 -
There may be plenty of fish in the sea, but there's also plenty of phishers. In today's digitally-driven culture, many people find their future spouse by dating online — and there are even financial advantages to doing so — but there are also major risks.
March 6 -
Concerns about an economic slowdown, rising deposit prices and cybersecurity abound, a survey found.
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