Through the partnership, Clarity Money customers can use Acorns’ automated investing features, while Acorns users can see a snapshot of their investing activity in the Clarity app. ... Read full article
The fine for BTC-e was the Treasury’s first action against a money-services business located in a foreign country, and the second against a virtual currency exchange. ... Read full article
The federal agency's investigative report concludes that crowdsales of blockchain tokens known as initial coin offerings may need to comply with securities laws. ... Read full article
Some bankers fear the use of artificial intelligence in detecting crime could catch innocent customers in a dragnet. Proponents say it can do a better job of spotting true criminals. ... Read full article
American Express is giving its card customers an easy way to transact in cryptocurrency. ... Read full article
Varo Money, an app designed for people who want to exclusively bank on their cell phones, announced Tuesday that it has filed formal applications for a national bank charter. ... Read full article
Plug and Play is the world’s largest tech accelerator. This episode profiles its fintech vertical. ... Read full article
LendKey, whose software helps financial institutions make student, auto and home improvement loans, closed a Series C round led by a fund whose investors include more than a dozen banks. ... Read full article
The Portland, Ore., company outlined a plan to boost its return on tangible common equity to between 13-15% by 2020. More details will be provided by fall, executives said. ... Read full article
New technologies are poised to sweep through investment banks, relieving many rank-and-file employees of roughly a third of their current workload, according to McKinsey & Co. ... Read full article
Citigroup is expanding its payments partnership to allow its card members to use their ThankYou rewards points for purchases at PayPal checkout in the U.S. ... Read full article
Small-business customers of Bank of America can now apply for credit through the bank’s digital channels. ... Read full article
Though they might have less money to spend on digital than their larger counterparts, community banks can still provide a top-notch mobile experience. ... Read full article
Convinced that clients want as much human interaction as ever, the Wall Street firm is using machine learning to help its financial advisers stay informed and work efficiently. ... Read full article
The white-label banking platform provider Urban FT has purchased the mobile banking technology firm iParse and several of its patents. ... Read full article
System can run more than 12 billion encrypted transactions per day and can automatically keep applications, cloud services and databases hashed. ... Read full article
On the discussion table: Alipay, Jack Ma, blockchain, AI, building a true digital system, payments, financial inclusion. ... Read full article
A new blockchain network that promises to compete with Ethereum is taking the token sale trend to the next level. ... Read full article
The app allows users, many of them first-time investors, to get started for as little as $5. ... Read full article
Artificial intelligence can help wealth managers serve clients better, but some say the technology is too immature to be useful right now. ... Read full article
