News Topic: Fintech

Nearly one in four bankers said that the tech giants pose the biggest competitive threat in the long term. But are those fears warranted? ... Read full article

The CFPB has promised an equal-access rule for small-business lending for nearly a decade. But Apple’s recent discrimination inquiry into its credit card could force the agency’s hand. ... Read full article

The online lender said it applied insights from its partnership with Fifth Third Bancorp in developing a new digital platform it’s marketing to other large financial services companies. ... Read full article

The startup — whose backers include CitiVentures, SVB Capital and Microsoft's venture fund — says it's building an end-to-end platform for small businesses that integrates loans, checking, payments and other services. ... Read full article

Former Comptroller Thomas Curry, who initially proposed the special charter now blocked by a judge, calls on policymakers to find another way to regulate financial tech startups. ... Read full article

Earnings hit could be avoided if BB&T and SunTrust complete deal by 2020; Fannie and Freddie will likely exit conservatorship by 2024, Calabria says; tired of paying 'ransom' to core vendors, two small banks fund new one; and more from this ... Read full article

Consumer demand for digital financial services will inspire a wave of new partnerships. ... Read full article

The tech giant’s plan to offer checking raises concerns about how it will use customer data; third quarter loan originations were the second most on record. ... Read full article

The State Bank Group and The Provident Bank are backing Neocova, which focuses on community banks. ... Read full article

Congress can help create a more uniform federal regulatory testing ground to foster innovation. ... Read full article

The Clearing House is pushing contract terms that would give fintechs quicker access to consumers' financial information, but one large upstart has taken issue with the proposal's language. ... Read full article

New data analytics could help provide more comfort to banks in doing business with the cannabis industry, despite restrictive federal laws. ... Read full article

Community bank leaders at an ABA-hosted meeting questioned the timing for a new accounting standard for loan losses and discussed their struggles to keep pace with new technology. ... Read full article

The tech company’s card seems to be raising consumers’ expectations that they should be able to get and use a card instantly and receive useful notifications. ... Read full article

China dominates the business. Facebook's proposed cryptocurrency could help alter the balance of power. ... Read full article

HMBradley will assign interest rates according to how much customers set aside from direct deposits each month. ... Read full article

Banks should stop competing on volume with large techs and start competing on added-value services to win over customers. ... Read full article

Readers react to Sen. Warren calling for banks to fund her Medicare plan, a proposal requiring big-bank CEOs to testify before Congress, federal regulators missing Trump-appointees on their board and more. ... Read full article