Has banking become too political?
Large banks are increasingly taking stands on social issues like gun rights and climate change. Some see this as a troubling development. ... Read full article
Large banks are increasingly taking stands on social issues like gun rights and climate change. Some see this as a troubling development. ... Read full article
The service will move customers’ uninvested cash from their Robinhood accounts into existing banks, which are already insured through the Federal Deposit Insurance Corp. ... Read full article
Futurist Lex Sokolin believes buying banking products will be like buying generic pain relievers on Amazon. ... Read full article
Sunil Chandra's job will be to guide the fintech's international expansion. It says 12 banks are using its small-business lending platform, including three in the United States. ... Read full article
Susan French, head of product at BBVA Open Platform, discussed the bank's vetting of fintech partners and how it deals with the competitive threat that their products present. ... Read full article
FDIC Chairman Jelena McWilliams reaches out to tech pros to bring fresh ideas to the agency. ... Read full article
Readers react to a regulator's promise to reduce regulation that hinders innovation, Sen. Elizabeth Warren's plan to impose heavier taxes on lobby groups, Freddie Mac's exploration into AI and more. ... Read full article
Good customer service, layered with new technology, gives community banks an advantage over big banks. ... Read full article
It's the latest move by Radius to extend its banking-as-a-service offering to fintech partners. ... Read full article
Facebook calls an emergency meeting about its planned payments network; Well Fargo report says 200,000 jobs will be lost to robots and technology. ... Read full article
She turned around troubled business units, rebounded after a demotion and beat cancer. Now Bank of America’s chief operations and technology officer is taking on her biggest challenge yet: ensuring AI is used responsibly. ... Read full article
Cathy Bessant, BofA’s chief operations officer, is the Most Powerful Woman in Banking; 6 standout fintechs at Finovate 2019; the Citi CEO says gender pay gap is ‘a challenge we need to tackle together’; and more from this week’s most-read stories. ... Read full article
In the payments world, Scharf is best known as the CEO of Visa Inc. from 2012 to 2016, where his strategies for faster payments, fintech partnerships and other key issues may shed light on what Scharf has planned when he becomes CEO of Wells Fargo. ... Read full article
Elder financial exploitation is a vast and growing problem in the U.S., and one that presents difficult policy challenges for law enforcement and banks. ... Read full article
Here are companies whose strong visions and timely ideas commanded attention at the technology conference in New York this week. ... Read full article
JPMorgan, which led the offering, may have “enabled” the startup’s questionable behavior; the system may enable more people to get approved for mortgages. ... Read full article
It is the bank’s second big gift to the nonprofit Financial Health Network in recent years, with this one earmarked for a financial solutions lab. ... Read full article
The app, which started with mobile gaming, will now integrate itself with some of the most popular video games on the market such as Fortnite. ... Read full article
The bank has developed APIs to feed customer data directly to seven fintechs and data aggregators, including MX and Finicity. ... Read full article
The San Francisco startup plans to use the fresh funding to hire employees in its engineering team and to expand the number of platforms it works with. ... Read full article