Technology
Traditional banks already have the tools they need to win back consumers’ confidence, but they need to be smart about deploying them.
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At American Banker's Digital Banking Conference, experts discussed the benefits and budding regulatory efforts around increased data sharing among banks and fintechs.
July 7 -
By taking the manual labor out of data management and upkeep, experts can reach new clients and better serve their existing ones.
July 7
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Consumers welcome more generous forgiveness policies and the chance to have past defaults erased from their record, but they need assistance connecting the dots, financial services executives say.
July 6 -
Tuesday’s announcement provides clarity to institutions that are trying to stay ahead of quantum computing’s threat to data security.
July 6 -
The nine banks in the group are experimenting with lending, secondary market and payments activities on the Provenance blockchain as they seek ways to perform basic banking tasks more efficiently.
July 6 -
The use of rent data in credit models is allowing people with low credit scores or thin credit files to get loans. But consumer advocates warn the use of that data could harm the very people it’s supposed to help.
July 5 -
A new and larger finance industry is emerging — one in which traditional institutions aren’t nearly as dominant as they used to be.
June 27 -
Fumbi Chima, who was previously Adidas' chief information officer, has introduced robotic process automation and other systems to make it easier for the fourth-largest U.S. credit union to work with fintechs and improve member service.
June 17 -
Banks and fintechs wonder if regulators are getting more comfortable with machine learning-based ways of assessing credit, or if agency oversight will mean a crackdown.
June 6
