News Topic: Disruptors

Executives at the recent In|Vest conference discussed ways to make banks more competitive in the world of financial advice. ... Read full article

Disruptive upstarts. Glitches galore. Open banking adoption. Financial institutions are being challenged on multiple fronts — here’s a look at how they’re coping. ... Read full article

Jan Lynn Owen works at the epicenter of the digital revolution, but she is unambiguously cautious about the fintech industry. ... Read full article

Banks are more established organizations that cannot afford to take the same shortcuts and risks as startups do in fintech development, executives said. ... Read full article

Robinhood Markets has more than 4 million U.S. consumers using its free stock-trading platform. Now, it's in talks to offer them other banking services like savings accounts, according to people familiar with the matter. ... Read full article

Facebook, Apple, Amazon, Netflix and Google garner so much attention that they have their own collective shorthand, FAANG. But it was a mostly different set of companies, including Starbucks and Acorns, that were top of mind this week for their financial ... Read full article

What does holistic digital transformation look like? Tim Spence is busy figuring that out. ... Read full article

There are so many reasons — the credit cycle, the plight of small banks or competition from Amazon and foreign banks — that the head of JPMorgan could live to regret that statement. ... Read full article

The program has expanded to seek startups in Chicago and Wisconsin for mentoring and potential partnerships. ... Read full article

Tax reform and the need for new, tech-savvy banks to compete with fintechs are high on a growing list of factors encouraging investors to gamble on banking startups. ... Read full article

Fintech firms likely to take a third of traditional bank revenues by 2025, Citigroup report says; Saks, Lord & Taylor say five million card accounts were accessed. ... Read full article

Amazon.com has millennial shoppers nailed down. And their parents. And most of their grandparents. But one group of potential customers has eluded the world's biggest internet retailer: teenagers. ... Read full article

SunTrust's new IT chief preaches collaboration; will CRE securitizations return to haunt?; Amazon here, there and everywhere; and more. ... Read full article

The banks' Finlabs program is seeking growth-stage firms that could eventually work with several of their business lines. ... Read full article

Wells Fargo gets tipped off by OCC on investigation; HSBC is wading back into U.S. mortgage waters; a bank uses artificial intelligence to combat money laundering; and more. ... Read full article

Democratic infighting over a bill to curb the reach of the Dodd-Frank Act dominated discussion this past week, but Amazon still made waves in its disruptor role. Also: Our 'Best Fintechs to Work For' debuted. ... Read full article

JPMorgan Chase just weighed in again on virtual currencies — very discreetly. ... Read full article

As they cement major partnerships, launch overseas operations and court banks and other institutional investors, top cryptocurrency exchanges now see regulatory approval as a competitive advantage. ... Read full article