Fintech

OCC guidance on data sharing could stifle innovation, fintechs say

03/10/20

The agency's recent update to its guidelines for banks on working with data aggregators and other third parties was not extreme, but some critics say its heavy emphasis on security could be a setback for open banking.

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Credit Sesame expands into digital banking

03/10/20

The credit education provider plans to use its deep knowledge of credit scoring to advise account holders on how to improve their scores and cash management simultaneously.

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Can newcomer Level stand out in a sea of challenger banks?

03/08/20

The all-digital bank is hoping to win over consumers with above-average savings rates and more detailed analysis of their spending habits.

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Banking on Alexa, fintech enemy no. 1, coronavirus: Top stories of the week

03/06/20

A handful of banks keep trying to make the customer-Alexa connection happen; banks are more worried about payments firms than other types of fintechs; how financial institutions are coping with COVID-19; and more from this week’s most-read stories.

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Colorado bank joins growing list of cloud-based-core converts

03/05/20

FirstBank, the initial customer of the startup Finxact, sought a modern core system that jibes with fast payments and other new technologies.

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Don’t fear big-bank competition. Lean into it.

03/05/20

The best community banks layer human-facing services with new technology to beat the heavyweights in their market.

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Banks deal with coronavirus; Fed finalizes bank capital rules

03/05/20

Banks make emergency preparations as HSBC deals with confirmed case; the changes simplify regulations without posing additional systemic risks, the Fed says.

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LendingClub-Radius deal faces high regulatory hurdles

03/04/20

Compliance, risk management and staffing will likely come under added scrutiny as regulators lay out a framework for future fintech-bank mergers.

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Move over, tech. Banks must focus on their teams, values.

03/03/20

Banks are so caught up in the newest technology trends that they lose sight of the need to build a talented workforce and a purpose-driven organization.

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Bankers see payments firms as fintech enemy No. 1

03/02/20

Banks, especially smaller ones, are more worried about the competitive inroads that Apple Pay, Venmo and others have made than they are about tech companies' incursions into other financial segments, according to a new survey by Promontory Financial.

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