Fintech

Why reforming Fannie and Freddie is so hard to do

10/16/19

As the administration gears up to end a decade of government control of Fannie and Freddie, are there any good options?

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Banks perform well despite falling interest rates; Berkshire wants more BofA

10/16/19

Third quarter profits at JPM, Wells Fargo and Citigroup got a boost from consumer banking; the company tells Fed it will remain a passive investor.

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BBVA partners with fertility company for online health care loan

10/15/19

The bank is providing a point-of-sale loan to women seeking IVF treatments and getting funds to clinics, in some cases, within 24 hours.

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Stop marketing to women and start designing for them

10/15/19

Companies are turning off prospective customers and employees with misguided approaches.

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There's no shortcut to innovation, FIS exec says

10/13/19

Community banks and credit unions are eager to innovate, but technology upgrades must be done first, says Bruce Lowthers, FIS banking solutions president.

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BofA's 'productive paranoia,' GSEs' next moves, debt collecters' letdown: Top stories of the week

10/11/19

BofA’s do-no-harm approach to AI; looking at what comes next for Fannie and Freddie now that they get to keep their earnings; ruling cuts short debt collectors’ victory lap over CFPB proposal; and more from this week’s most-read stories.

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LendingClub's new pitch to institutional investors

10/10/19

The company has rolled out an online platform for firms considering marketplace loans as an asset class.

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State regulators propose draft language for multistate licensing

10/10/19

The Conference of State Bank Supervisors has proposed creating model payments legislation that states could adopt to improve the state-by-state licensing process.

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Federal government an exemplar in promoting women

10/10/19

The financial industry should take notes from regulators that have diverse leadership.

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Has banking become too political?

10/09/19

Large banks are increasingly taking stands on social issues like gun rights and climate change. Some see this as a troubling development.

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