News Topic: Fintech

Derek White, an alumnus of BBVA and Barclays, will oversee digital innovation across all lines of business at the bank. ... Read full article

New York's former banking superintendent will spend much of the next three months advising fintech startups on how to cope with regulators. ... Read full article

To generate revenue, SoLo Funds depends on consumers willing to front funds through its platform. ... Read full article

The Silicon Valley-based fintech, which recently announced a new partnership with Walmart, plans to add hundreds of new workers this year. ... Read full article

Community banks are open to working with innovative financial startups, but regulators must ensure they face the same oversight standards as traditional banks. ... Read full article

Banks of all sizes need to stick together to ward off threats from "unregulated" fintechs and other nonbanks, Bank of America Chairman and CEO Brian Moynihan said Tuesday. ... Read full article

As N26 schedules its launch for midyear, it will face off against other startups and mobile-only spinoffs from incumbent financial institutions. ... Read full article

Lining up leadership and securing staff support are important building blocks for banks eager to become more tech savvy. ... Read full article

Some fintechs have figured out how to provide international students and immigrants with credit cards and loans. Machine learning makes the underwriting possible. ... Read full article

The San Francisco-based online lender said that the departures of two prominent board members are not the result of any disagreement with the company. ... Read full article

Community and regional banks may not be able to outspend their larger rivals, but they can be more nimble in implementing the necessary culture change. ... Read full article

The internet giant's planned gaming service may create an omnichannel model for banks to emulate. ... Read full article

A new feature from the microinvesting app Stash allows users to accumulate free stock in the companies where they spend money. ... Read full article

Susan Ehrlich, the fintech lender's new chief, discusses what she learned working at Amazon and Simple and how her firm is approaching consumer loans differently. ... Read full article

Financial startups are becoming important partners for community banks and credit unions, despite lobbying efforts to limit their growth. ... Read full article

Trying to keep pace with big banks that digitize as many processes as possible will undercut community banks’ strengths, according to speakers at this year’s ICBA convention. ... Read full article

An executive at the Rhode Island company said the complexity of business lending remains an obstacle to switching to entirely automated, paperless operations. ... Read full article

The credit card network has teamed up with an ICBA unit and the fintech Urban FT to offer a payments services program tailored to community banks trying to keep pace with bigger banks. ... Read full article