Banco Popular reboots Eloan for new era in online lending
The pioneering brand re-enters a market where fintechs now account for over 30% of personal loan originations. ... Read full article
The pioneering brand re-enters a market where fintechs now account for over 30% of personal loan originations. ... Read full article
Plans by IDT and MercuryFX to test XRP for cross-border payments are another vote of confidence for Ripple’s products. ... Read full article
SoFi's experience shows that the biggest names in fintech, while generating massive financial support, still operate in a very volatile world. ... Read full article
How new developments on many fronts are going to affect the banking business in the coming year and beyond — and what they can do to prepare. ... Read full article
Overstock CEO and Wall Street gadfly Patrick Byrne wants to create a market free from trading practices he has long decried. ... Read full article
Banks still have advantages in the battle against big tech firms like Amazon and Facebook, but they will need to capitalize on those to survive. ... Read full article
Startups that have developed blockchains for real estate finance are starting to conduct a broader array of transactions, including property sales. Banks can either try to incorporate the technology into their businesses or risk being displaced by it. ... Read full article
TD Bank's new lab seeks to divine the future of banking. ... Read full article
Banks' online advice platforms are just the face of a deeper effort to restructure client data and adapt to a digital era. ... Read full article
The blockchain startup continues to pack its board with mainstream finance experts. ... Read full article
More regulation, more regulators and more regulatory uncertainty both increase the cost of and inhibit financial services and payments innovation. ... Read full article
With millions of Alexa and Google Home devices now in use, first-mover banks are rapidly developing services to let customers control their finances using only their voice — even if there are still many kinks to work out. ... Read full article
The court decision regarding the “valid when made” doctrine moved us further away from creating a more effective and inclusive financial system. ... Read full article
Borrowing from the startup world and some popular TV shows, Citigroup is encouraging employees to pitch innovative ideas to a panel of senior execs who could give them the green light to start work. ... Read full article
The digital-currency startup, which markets software to banks, appears keen to signal that it wants to play by the rules. ... Read full article
The startup is betting that a venture offering safe storage of digital assets will entice billions from banks and other institutional investors. ... Read full article
The startup Intrinio lets algorithmic traders and banks pick the types of company and market data they want to use rather than pay a large monthly fee for a broad, terminal-based service. ... Read full article
Brian Behlendorf, leader of the Linux Foundation's effort to establish standards for blockchain, likens the invention of cryptocurrencies to the moon launch and says banks, open-source developers and others are working to make the underlying ... Read full article
As more startups turn to ICOs to raise capital, financial institutions will seek reassurance that their blockchain and other fintech partners are aboveboard. ... Read full article
Banks around the world have spent the past few years preparing for competition from small, nimble technology startups. It turns out the real threat may be Jeff Bezos, according to McKinsey & Co. In its annual banking report. ... Read full article