Digital banking

Why a founding architect of direct banking is selling to a nonbank

02/01/17

Arkadi Kuhlmann, the founder and CEO of the neobank Zenbanx who pioneered branchless banking at ING Direct, explains why he stopped pursuing a bank charter and made a deal with Social Finance.

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Prosper hires former USAA exec in quest to reignite growth

02/01/17

Usama Ashraf, the marketplace lender's new chief financial officer, will oversee finance activities and its capital markets function.

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From automated driving to automated payments?

01/29/17

Connected cars are going to create new revenue streams, not just for automakers, but also for financial services providers.

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ABA looks for a marketplace lender to partner with its members

01/27/17

The banking trade group confirmed that it has run a formal bidding process to find a partner.

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Have the big banks finally cracked the code on P-to-P payments?

01/27/17

The upcoming launch of Zelle gives Chase, B of A, Wells Fargo and other large banks an opportunity to correct their past mistakes.

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'We don't feel the need to do another deal': Q&A with TD consumer head

01/26/17

TD Bank's consumer chief Michael Rhodes explains what service means in the digital age, why stress-testing is a good thing and why the bank is in no rush to make another acquisition.

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Umpqua’s 4Q profits jump 10% on higher fees

01/25/17

The spike in fees compensated for lower interest income.

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Auto finance (finally) shifts into the digital age

01/24/17

A deal between Ford Motor Credit and a San Francisco-based startup will give car buyers the option of customizing their own loan terms.

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How OCC’s fintech plan can make CRA relevant again

01/18/17

The Office of the Comptroller of the Currency could make the Community Reinvestment Act’s spirit relevant in a digital age so long as it builds the right framework for chartered fintech companies.

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Flashback: When banks tried to end screen scraping … in 2004

01/13/17

The Open Financial Exchange has 7,000 installations. More than a decade ago, the industry saw the data standard as the solution to screen scraping, a practice that bedevils them today.

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