Fintech

It’s a mistake to block the OCC’s fintech charter

09/24/18

State regulators are planning to sue the agency over its special-purpose charter, but the charter would be an important step forward for the regulatory system.

[more]

Banks test wearable payment devices; fintechs charge ahead

09/24/18

European banks are testing rings, watches and bracelets that are linked to credit and debit accounts; European regulators appear keener on increasing competition than U.S. counterparts.

[more]

Alexa is expanding its reach. Will banks miss out?

09/21/18

Amazon's voice assistant will soon be in cars and even microwaves, but banks have not yet proven to customers they can serve them with conversational tech.

[more]

U.S. way behind the curve on open banking

09/21/18

The country is lagging behind others when it comes to ensure that a consumer’s financial data is available to third parties, and regulators need to step up.

[more]

'This Grand Canyon of tax loopholes': Comments of the week

09/21/18

Readers react to the Office of the Comptroller of the Currency's fintech charter, respond to another bank outage, opine on the impact of regulation and more.

[more]

Welcome, overlords. Coffee's down the hall

09/19/18

AI and blockchain technology are going to change the financial services business. How much? Steve Brown, aka "The Bald Futurist" suspects you're underestimating.

[more]

BB&T makes first fintech foray in bid to boost digital banking

09/18/18

Bennett Bradley, BB&T's chief digital officer, discusses how an investment in Enigma, which helps companies leverage data, fits within the regional bank's fintech strategy.

[more]

OCC’s Otting: Why do state regulators want to limit consumer choice?

09/18/18

The comptroller of the currency argues that special-purpose fintech charters will benefit consumers and businesses, despite opposition.

[more]

CFPB tries sweetening pot for firms testing disclosure changes

09/17/18

In its proposed “disclosure sandbox,” the bureau has eased restrictions on firms seeking a safe harbor from liability.

[more]

A slow economy gave regionals chance to catch up on tech

09/17/18

A sluggish business climate and few M&A opportunities freed up midsize banks to invest in better tech systems and services, says Regions Chairman Grayson Hall.

[more]