Fintech

Blockchain startup inches closer to legally tradable tokens

12/21/18

Prometheum may succeed whether others have failed because it has attempted to work closely with regulators.

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Robinhood’s stumble is a wakeup call

12/21/18

The promotion of “insured” accounts by nonbanks and fintechs is a worrying trend, because it could leave customers falsely believing their accounts are just as safe as FDIC-insured ones.

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'Welcome to the dark side': Comments of the week

12/21/18

Readers respond to one fintech startup's tough talk, debate failed plans to change the Consumer Financial Protection Bureau's name, weigh reforms to the Community Reinvestment Act and more.

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Ray Davis’ next act

12/21/18

Among the most innovative CEOs of his generation, the former Umpqua chief and Pivotus founder is taking some of his best ideas to a new fintech as an adviser.

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The princess and the paycheck, Blythe Masters' exit and #MeToo paranoia

12/20/18

An accusation of sexual discrimination plays out in court for BNP Paribas; Jeffries’ top execs chastise Wall Street men over #MeToo paranoia; blockchain startup loses Blythe Masters; and RBS might make history with a female CEO-CFO duo.

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This fintech is taking anti-bank marketing to extremes. It may pay for it

12/19/18

Good Money just raised $30 million and is a year away from launching, but already is raising concerns for its trash-talking of established players.

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Square to make another bid for bank charter

12/19/18

The payments processor was among numerous firms earlier this year to withdraw an ILC charter application over questions about its plan.

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One year in, open banking still befuddles Brits

12/19/18

Though it became official in January in the U.K., most people there don't know what it is, according to a new survey that offers many insights for U.S. banks.

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Silicon Valley Bank recruits former Capital One exec as chief product officer

12/18/18

Gagan Kanjlia joins the Santa Clara, Calif.-based Silicon Valley Bank after spending two-plus years as the head of product for OnDeck, an online lending provider for small businesses. Before OnDeck, Kanjlia spent 14 years at Capital One

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Robinhood backs down after outcry over checking account

12/15/18

Robinhood Financial has rebranded its service, deleted tweets about its launch and scrubbed the page from its website.

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