News Topic: Amazon

The tech giants, along with Apple, PayPal and others, are calling on the Federal Reserve to build a backbone for real-time payments, rejecting large banks’ claims that the task is best left to the private sector. ... Read full article

As the economy softens, traditional banks have an opportunity to win back market share from fintech competitors. ... Read full article

There's never a good time to expose customer data, but the incident Amazon disclosed Wednesday could upend two major events: Black Friday/Cyber Monday and a reported effort to get merchants to accept Amazon at the point of sale. ... Read full article

Tepid loan and deposit growth has been a persistent theme in 2018, but that could soon change for community and regional banks in the New York and Washington markets. ... Read full article

The online-only bank hopes new leadership can help it overcome its rocky past three years. ... Read full article

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. ... Read full article

The tech giants might be moving into small-business lending, but they’re more likely to take business away from large commercial lenders, not community institutions. ... Read full article

Know how many different ways customers can ask a virtual assistant to move money between accounts? The answer is one of Bank of America’s takeaways from a lot of trial and error this year in launching voice-activated services. ... Read full article

A reimagined local experience is the best way banks can forge emotional connections with their consumers, industry experts say. ... Read full article

Brian Roemmele debriefs on Alexa’s new range of voice-activated appliances, and Dmitry Malyanov, co-founder of AdHive, shares some of the questionable ICO promotion tactics he’s seen. ... Read full article

"Normal system upgrade" knocks out SunTrust's online- and mobile-banking ops; "just a matter of time" before Amazon, Google enter mortgages; Wells Fargo looking for Tim Sloan's replacement?; and more from this week's ... Read full article

Amazon's voice assistant will soon be in cars and even microwaves, but banks have not yet proven to customers they can serve them with conversational tech. ... Read full article

LoanDepot's CEO Anthony Hsieh delivered a bracing message to mortgage lenders on Monday — strong new competitors are coming into this market, so they need to expand their offerings. ... Read full article

Voice assistants impress at tech demos, but new research shows bank customers aren't ready to ask a speaker about their accounts just yet. ... Read full article

Stock options offered employees during the financial crisis are now worth $3 billion; the JPM CEO says he talked with Jeff Bezos about a job two decades ago. ... Read full article

Banks stocks have declined as the yield curve shrinks; the companies will offer a co-branded small-business card. ... Read full article

First-of-its-kind legislation seeks to tame the largely unregulated world of online small-business lending. It has drawn bipartisan support from lawmakers, but so far has failed to satisfy either the industry or its critics. ... Read full article

Facebook, Apple, Amazon, Netflix and Google garner so much attention that they have their own collective shorthand, FAANG. But it was a mostly different set of companies, including Starbucks and Acorns, that were top of mind this week for their financial ... Read full article