News Topic: Fintech

Potential sources of industry upheaval, and how to adapt; former Wells Fargo execs may face criminal charges in coming weeks; why banks have such high turnover of chief compliance officers; and more from this week's most-read stories. ... Read full article

Silicon Valley giants are better innovators, software developers and data managers, but banks' inherent advantages shouldn't be discounted, says Sonny Singh, a senior vice president at Oracle. ... Read full article

A seasoned investor in startups offers his top predictions for the coming decade. Among them: Big tech firms will become big players in financial services. ... Read full article

An examination of potential sources of upheaval for the financial industry and ideas on how to adapt. ... Read full article

Bank employees need to stop seeing new technology as a threat. ... Read full article

In trying to adapt and survive in an increasingly tech-dominated world, banks may unintentionally give up their most valuable commodity — their relationship with the consumer, and the data that comes with it. ... Read full article

Research shows most consumers would prefer more options to pay down their debt early. Here’s why it would also help banks. ... Read full article

Banks will have plenty of developments to follow this year, from Big Tech's evolving foray into the industry to data disputes and increased competition from digital-first challengers. ... Read full article

Some banks and fintechs have already introduced pet-friendly policies in the office. Here are five reasons why it works. ... Read full article

Goldman Sachs plans to offer details into its workings to boost its stock value; while challenger banks are prospering, traditional banks still rule the roost. ... Read full article

Granting a third party access to a bank's systems in exchange for more advanced technology can help prevent fraud, but it can also attract cyberattacks. ... Read full article

The current climate is akin to the Wild West, with little protection for the consumer, and new regulations are needed if the technology is to continue to expand in a safe and sustainable way, argues Mitek's Stephen Ritter. ... Read full article

The bank is leaning on its direct API relationships with the major data aggregators rather than letting third parties ask customers for usernames and passwords to access account information. ... Read full article

The decision by the state’s Department of Business Oversight on an application for a lending license by Sezzle could guide fintechs and others seeking to make loans to consumers at the time of purchase. ... Read full article

Jason Gardner, founder and CEO of the card issuer Marqeta, discusses his experiences in starting up multiple fintechs and makes predictions for the new year. ... Read full article

Still trying to figure out whether to build gateways to your bank's data and systems? Here’s why you should transition. ... Read full article

The prepaid card pioneer's banking-as-a-service platform might make it an attractive acquisition for an enterprise technology giant or bank, analysts say. ... Read full article

Some legislators and consumer groups want federal regulators to block such alliances. Here’s why that’s a bad idea. ... Read full article