Bank technology

Online retailer expands robo-advice space (no, it’s not Amazon)

02/05/18

Overstock will offer automated investing to its millions of shoppers. Some financial advisers reacted with a shrug, but are they underestimating the move?

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Why Digit is over chatbots

02/05/18

Digit, which launched as an automated savings app in 2015, has decided chatbots are a flawed interface. Now it’s redesigning its popular app to reflect its new vision.

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The weak point in banks' rosy pay-gap numbers

02/02/18

Large banks have begun sharing their adjusted gender pay gap ratios — how much women are paid versus men for similar jobs. The trouble is, they don’t have similar jobs.

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JPMorgan, Bank of America ban crypto purchases with credit cards

02/02/18

The nation’s two largest banks don't want the credit risk associated with the transactions.

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Open banking's early adopters bet on 'tremendous gains in value'

02/01/18

The few U.S. banks embracing data sharing say the industry is moving toward the standard.

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CFTC subpoenas add to fears of an unsustainable crypto bubble

01/31/18

Regulatory scrutiny of Tether and Bitfinex is spooking investors, though others argue the industry remains strong.

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'Black box' problem hampers banks' online marketing

01/31/18

Bankers would like to take advantage of digital marketing tools that target customers similar to their own, but there are persistent fears that doing so could make financial institutions run afoul of regulatory restraints.

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SmartBiz launches AI-based 'adviser' for SBA loans

01/31/18

The tool runs the numbers and tells small-business people if they would qualify for an SBA loan, and if not, what they need to do to become eligible.

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Moven to receive $23M from SoftBank, plans to buy bank

01/31/18

As it secures new funding and creates a joint venture in Japan, Moven says it is close to becoming a full-fledged U.S. “challenger” by purchasing a traditional bank.

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Salesforce boosts nCino global expansion plans

01/31/18

The cloud-based vendor was formerly a division of Live Oak Bank.

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