Banks are running out of time to regain public trust
The industry risks losing more business to fintech startups and facing increased attacks in Washington if they can’t shore up their reputation. ... Read full article
The industry risks losing more business to fintech startups and facing increased attacks in Washington if they can’t shore up their reputation. ... Read full article
SynapseFI is engineering banking to work as digital parts that connect so easily an amateur developer could potentially build a functioning bank. ... Read full article
Small banks and credit unions are searching for a high-tech edge over big-name financial institutions, and Amy Gililland at the technology firm Kasasa says it’s a goal that is within sight. ... Read full article
The state's banking regulator and the Conference of State Bank Supervisors are reviving litigation after the Office of the Comptroller of the Currency said it would accept charter applications. ... Read full article
Readers react to a new housing finance reform plan, weigh systemic risks posed by fintechs, debate the potential return of the Glass-Steagall Act and more. ... Read full article
The former head of the agency’s innovation initiative, Project Catalyst, argues the bureau can take several steps to update its innovation policies. ... Read full article
Early adopters took digital mortgages from concept to reality. What will it take for everyone else to catch up? ... Read full article
Applications for SourceMedia's 'Best Places To Work in Fintech 2019' list are now being accepted. To be eligible, applicants must be U.S. financial technology firms, or the technology units of diversified U.S. financial services companies. ... Read full article
A community bank in Pennsylvania made up its own holiday of sorts — including a product demonstration and a 1982 DeLorean reminiscent of "Back to the Future" — to encourage bank customers to try out new fintech features. ... Read full article
Financial firms need to focus developer teams on creating products, not fixing legacy IT issues and bad code. ... Read full article
Acquiring fintechs can be a smart way for banks to access needed tech talent, but they must be careful not to stifle innovation in the merger. ... Read full article
The head of commercial banking at Citizens Financial urged bankers and other financial professionals to step out of their traditional roles and guide clients through corporate governance, data and other challenges that they themselves have dealt with. ... Read full article
Concentration risk, threats to data privacy and the potential for discrimination are among the unintended consequences of letting fintechs and tech giants dabble in financial services without bank-like regulation, an expert says. ... Read full article
There are ways for banks to gain an edge against the likes of Google and Facebook for the best software developers. ... Read full article
To keep pace with its peers, Morgan Stanley is ramping up its online offerings in banking and wealth management. ... Read full article
The OCC required the company to raise more capital and complete a CRA plan. Varo Bank still needs FDIC and Fed approval before opening. ... Read full article
Minal Hasan, a lawyer turned prominent fintech venture capitalist, has strong views on founder dramas, cryptocurrency, and why banks need to step up their technology game. ... Read full article
Venture capitalist Spiros Margaris shares which regions are leading in fintech and AI; Byron Reese, CEO of GigaOm, talks his new book about AI. ... Read full article
Small banks and credit unions say slow responses and outdated products from the establishment tech vendor can become a drag on their innovation efforts. ... Read full article
The LendingClub founder responded to being booted from his company by starting a new one with involvement from former investors — and a loan buyer he had supposedly wronged. ... Read full article