News Topic: Disruptors

The bank is leaning on its direct API relationships with the major data aggregators rather than letting third parties ask customers for usernames and passwords to access account information. ... Read full article

Jason Gardner, founder and CEO of the card issuer Marqeta, discusses his experiences in starting up multiple fintechs and makes predictions for the new year. ... Read full article

PNC, Plaid and Venmo have been blamestorming over customer data-sharing issues of access, security and consent. ... Read full article

The startup with a namesake app is already attracting young investors and has been in talks with banks about partnerships. ... Read full article

It sounds like something that should be simple — letting a customer pay off their credit cards with a new personal loan — but it's not, according to Dave Girouard, Upstart's CEO. ... Read full article

The international regulatory group said that despite some benefits from tech firms' incursion, the companies' efforts may present operational and disruption risks. ... Read full article

The largest U.S. bank will share data through application programming interfaces with a sometimes-controversial data aggregator. ... Read full article

Former T. Rowe Price portfolio manager Henry Ellenbogen is making Rapyd his first bet. ... Read full article

In some ways, the moves are natural for tech startups with financial ambitions. Despite the growing success of fintech upstarts hailing from San Francisco, Wall Street institutions remain on top of the financial world. ... Read full article

In marketing themselves to small companies, challenger banks are offering cool gadgets and a sympathetic ear about the hassles of being bank customers. ... Read full article

The startup — whose backers include CitiVentures, SVB Capital and Microsoft's venture fund — says it's building an end-to-end platform for small businesses that integrates loans, checking, payments and other services. ... Read full article

Google has partnered with Citigroup and a California credit union to offer consumer checking accounts, a person familiar with the matter said. ... Read full article

The tech company’s card seems to be raising consumers’ expectations that they should be able to get and use a card instantly and receive useful notifications. ... Read full article

Prosper hopes to do for lines of credit what it did for unsecured personal loans, while BBVA hopes to provide a better experience for customers. ... Read full article

Large tech companies have been driving home the message that they can help the many Americans who struggle financially. But there are good reasons to be skeptical of their intentions. ... Read full article

Digit is applying its automated-savings techniques to the growing problem of student loan debt. ... Read full article

Unlocking the information that technology companies have on consumers would benefit banks and society overall, the chairman of the Spanish banking giant said. ... Read full article

American Banker Capitol Hill reporter Neil Haggerty shares how the D.C. community reacted to Mark Zuckerberg’s congressional testimony and how they look at the project now. ... Read full article