Technology
Technology
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Federal and state regulators are at odds over the Office of the Comptroller of the Currency’s new licensing program, but there are ways to improve current law to appease both sides.
October 23 -
The association has invited FIS, Fiserv and Jack Henry to join a committee tasked with helping smaller institutions modernize technology.
October 23 -
Self-sovereign identity solutions are becoming increasingly common as credit unions move away from less secure authentication methods.
October 23 -
Societe Generale launched a contactless biometric payment trial in France for a debit card with a built-in fingerprint reader.
October 22 -
Better web access, paid for by banks, could go a long way toward moving the unbanked into the mainstream. It was one of many ideas batted around at a recent a conference on the role fintech can play in promoting financial inclusion.
October 22 -
The credit union in San Diego expects to increase its efficiency and add products and services once the switch is complete.
October 22 -
The Bank of Lithuania is positioning the country’s capital Vilnius as a hub for payments-related fintechs wanting to enter the European market — a move that's timed to take advantage of the uncertainty Brexit has cast over London's claim to the title.
October 22 -
Trade groups are calling on Congress to further delay NCUA's risk-based capital rule and extending a helping hand to red-state Democrats in tough reelection battles.
October 22 -
In a move designed to improve access to financial products for consumers with low credit scores and short credit histories, Experian, FICO and Finicity are developing an "UltraFICO" score that lets individuals share checking and savings account data and help lenders better assess risk.
October 22 -
Plaid will be able to access the bank’s customer information through a secure API. JPMorgan has similar agreements with three other fintechs.
October 22 -
Jeff Szyperski wants regulators to update the definitions of assessment areas under the Community Reinvestment Act, and remove 'arbitrary' asset thresholds from bank regulation in general.
October 22 -
Payment and banking apps are deploying passwordless experiences for convenience and some degree of improved security ahead of a goal to eliminate passwords from the authentication process altogether. We should not, however, conflate passwordless experiences with system architecture where there is no password in use, writes George Avetisov, CEO of HYPR.
October 22 -
The challenger bank is “rebundling” banking, offering more pieces of traditional financial services for a flat monthly fee.
October 22 -
Recognizing their members have relationships with multiple institutions, some credit unions are launching personal finance management tools to give consumers a wider view of their financial lives.
October 22 -
The $380-billion asset company will soon join the parade of big banks and tech companies that are migrating online to meet the demands of business owners.
October 22 -
At Barclays' fintech accelerator, this year's class has fresh takes on personal financial management, recruiting and trade finance.
October 21 -
JPMorgan Chase plans to open a fintech campus in Palo Alto, California, part of the bank's efforts to attract more Silicon Valley talent.
October 19 -
Netspend customers kept from accessing paychecks; Sen. Elizabeth Warren rebukes Comerica over fraud in benefits program; FDIC poised to revamp deposit rules (about time, say banks); and more from this week's most-read stories.
October 19 -
A recent study concluded there are first-mover benefits for banks that embrace open banking. But many executives see its risks instead.
October 19 -
As VR and AR mature, new possibilities open up for customer interaction in a virtual space.
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