Fintech

Banks turn to a former rival to jump-start digital platforms

04/16/19

TD and several other banks are licensing credit underwriting and fraud prevention technology from the fintech Avant to get their digital-lending products to market faster.

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U.S. Bank hires its first chief digital officer

04/15/19

Derek White, an alumnus of BBVA and Barclays, will oversee digital innovation across all lines of business at the bank.

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Former top New York regulator joins New York’s FinTech Innovation Lab

04/11/19

New York's former banking superintendent will spend much of the next three months advising fintech startups on how to cope with regulators.

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Where customers are also lenders: One fintech's payday alternative

04/04/19

To generate revenue, SoLo Funds depends on consumers willing to front funds through its platform.

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Consumer lender Affirm raises $300M to fund rapid expansion

04/03/19

The Silicon Valley-based fintech, which recently announced a new partnership with Walmart, plans to add hundreds of new workers this year.

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No free pass for fintechs

04/03/19

Community banks are open to working with innovative financial startups, but regulators must ensure they face the same oversight standards as traditional banks.

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'There is no division in our industry': BofA's Moynihan

04/02/19

Banks of all sizes need to stick together to ward off threats from "unregulated" fintechs and other nonbanks, Bank of America Chairman and CEO Brian Moynihan said Tuesday.

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German-based Challenger bank N26 still 'on track' for 2019 U.S. launch

04/01/19

As N26 schedules its launch for midyear, it will face off against other startups and mobile-only spinoffs from incumbent financial institutions.

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Small banks hammer out a cheat sheet for innovation

04/01/19

Lining up leadership and securing staff support are important building blocks for banks eager to become more tech savvy.

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Lenders without border walls

03/31/19

Some fintechs have figured out how to provide international students and immigrants with credit cards and loans. Machine learning makes the underwriting possible.

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