This mobile banking startup is bypassing FDIC insurance
Jiko hopes to convince consumers that their funds will be safe in Treasury bills, while also generating higher returns than they would in traditional bank accounts. ... Read full article
Jiko hopes to convince consumers that their funds will be safe in Treasury bills, while also generating higher returns than they would in traditional bank accounts. ... Read full article
Jayne Opperman is the third new tech hire the bank has made this month. ... Read full article
Even though they do not face the immediate prospect of regulation requiring an open-banking policy, American banks should act as if they do. ... Read full article
The British banking giant has been testing its new online lending platform with a handful of its U.S. customers and plans to roll it out in full force next year. It's all part of a broader effort to expand its U.S. consumer business beyond credit ... Read full article
Brett Pitts joins from Wells Fargo, where he most recently was executive vice president and group head of digital. ... Read full article
Mike Warriner joins the bank with a focus on setting its digital platform strategy. ... Read full article
Deciding how far to go to protect customers is a complex issue, but one that the industry should address soon as phishing attacks continue to mount. ... Read full article
Look who's co-chairing the notoriously male-dominated World Economic Forum. A female automotive enthusiast eloquently calls out an industry where bias is ingrained in the everyday language, and women in prison cook up a better future. Plus, State ... Read full article
Experts in digital lending share useful insights into the potential opportunities and pitfalls, covering everything from mortgages to small business. ... Read full article
As consumers’ personal information is compromised almost daily, hackers are increasingly targeting banks. ... Read full article
Lisa Cochran and Yasaman Hadjibashi bolster tech leadership in Citigroup's global bank operations. ... Read full article
Only a few banks have so far integrated with Amazon’s personal voice assistant service. ... Read full article
The San Francisco company is one of numerous online lenders that are struggling to become profitable. ... Read full article
In mid-2015, several thousand banks registered for dot-bank domains. More than two years later, only a few hundred have converted. ... Read full article
The sexual harassment tsunami continues, with stories from Fidelity and France. The woman behind Capital One's new chatbot drew on her experience creating animated characters for Pixar. And Wells Fargo whistle-blowers speak out. ... Read full article
The San Francisco firm is the latest U.S. lender to tighten credit standards amid concerns that consumers are shouldering too much debt. ... Read full article
Dinesh Chopra is online bank's first-ever chief strategy officer. ... Read full article
The biggest thing going for recent mobile apps launched by Wells Fargo and JPMorgan Chase may not be any digital innovation associated with them. ... Read full article
Amid the rise of online lending earlier this decade, banks were derided as being too slow to adapt. But over time it's become clear that banks hold key advantages over lending startups. ... Read full article
Add MUFG Union to the roster of traditional banks launching a digital division that aims to grab deposits. PurePoint is going up against some more established competitors who are evolving their strategies. ... Read full article