Fintech

Wells Fargo says it has nearly eliminated screen-scraping threat

09/24/20

The company's new agreement with Envestnet Yodlee to share customers' account data over secure pipes is its 17th pact with aggregators and other fintech firms.

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Blend moves further beyond mortgage tech

09/24/20

The company's software can now be used to handle personal loans, credit cards and specialty-vehicle loans.

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JPMorgan-backed Brazil fintech plans to expand in U.S., Mexico

09/22/20

FitBank Pagamentos Eletronicos, a Brazilian fintech backed by JPMorgan Chase, plans to open a U.S. office in the first half of 2021.

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U.S. Bank ties expense report management to virtual cards

09/22/20

The bank worked with TravelBank, a fintech, to offer virtual cards and an app that automatically generates expense reports.

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PayPal and Capital One alums launch bundled banking app

09/22/20

The app, dubbed One, allows users to save, spend, borrow and even share funds from a single account.

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States are well equipped to regulate fintechs

09/21/20

The OCC is trying to seize jurisdiction by arguing that current supervision is haphazard. But states are already working together to streamline regulation while continuing to enforce consumer protections and encourage innovation.

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Crypto exchange Kraken receives Wyoming bank charter

09/16/20

The company, which left New York in 2015 to avoid its regulations on virtual currencies, has found a more welcoming state.

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Consumers are relying more on finance apps, survey finds

09/15/20

A survey conducted by Harris Poll and commissioned by Plaid found that 60% of U.S. adults are using more apps to manage money since the onset of the pandemic.

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Federal overhaul of M&A rules could favor small-bank deals

09/13/20

Justice Department officials have embarked on a rewrite of antitrust policy that could waive certain requirements for community bank mergers and provide fewer advantages to large, out-of-town buyers and banks in urban areas.

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Pushing PPP reset, stress test redress, M&T's fintech debut: Top stories of the week

09/11/20

Lenders press Congress to restart — and revamp — the Paycheck Protection Program; Fed corrects stress test error for Morgan Stanley, Goldman Sachs; M&T's new fintech unit rolls out first product; and more from this week's most-read stories.

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