News Topic: Fintech

Käthe Anchel is expected to help push Umpqua’s recent focus on what it calls the “human-digital” banking experience. ... Read full article

A $245 million funding round for the payments processor Stripe contributed to heavy venture capital investment in the third quarter. ... Read full article

The banking agencies should expand the use of regulatory sandboxes to keep pace with international counterparts. ... Read full article

Readers react to an argument about reining in banker pay, weigh the push for raising the minimum wage, respond to Wells Fargo getting back into the private-label securities market and more. ... Read full article

The groups argue the proposal, which would provide certain legal safe harbors to participating companies, exceeds the CFPB’s statutory authority and would put consumers at greater risk. ... Read full article

The Federal Reserve System is trying to be proactive in these and other high-profile areas, offering educational materials and coaching to bank execs and directors, according to supervision officials at the St. Louis and Richmond Fed banks. ... Read full article

The San Francisco challenger bank is adding 150,000 customers per month and plans to expand its financial product offerings. ... Read full article

Mike Cagney’s current venture, Figure Technologies, is offering consumers the ability to apply online for home equity loans and get funding in as little as five days. ... Read full article

Promoting diversity must go beyond putting women in the C-suite. It’s about creating products and practices that help support and elevate those who tend to be overlooked. ... Read full article

Slower-than-expected lending and "lackluster" trading could be concerns; new CEO David Solomon sets his sights on fixed income. ... Read full article

Bank Novo isn't a business lender (lots of firms already do that) or an account provider (it has a bank partner for that). Instead, it provides small businesses tools to track and analyze their banking activities. ... Read full article

They are good at helping track savings, spending and debt, but they do not always provide consumers with a complete picture of their financial health. ... Read full article

Speaking at an industry conference Thursday, two tech executives and a community banker said that community banks should be allowed to experiment with new products without worrying about running afoul of regulators. ... Read full article

A paper released by the agency’s Center for Financial Research says aspects of someone’s digital footprint — including whether they use Apple or Android — help predict likelihood of default. ... Read full article

In seeking to make make ING the most digitally advanced lender in Europe, CEO Ralph Hamers' motto has been to "disrupt yourself before a competitor does it first." It's safe to say the tumult at the company during the last few weeks ... Read full article

The economy could “positively slow down in mid-2019” and consumer debt levels are a huge concern, but technology and lessons learned from the crisis could still create opportunity for small banks, says Beneficial’s Gerry Cuddy ahead of a big speech on ... Read full article

With startups eating away at bank offerings, Oracle’s enterprise management platform is rolling out a new feature to streamline product development for business clients. ... Read full article

Truebill, which started as a subscription management app and grew into one targeting bank fees, is now offering automated savings and financial management. ... Read full article