Fintech

Move over, tech. Banks must focus on their teams, values.

03/03/20

Banks are so caught up in the newest technology trends that they lose sight of the need to build a talented workforce and a purpose-driven organization.

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Bankers see payments firms as fintech enemy No. 1

03/02/20

Banks, especially smaller ones, are more worried about the competitive inroads that Apple Pay, Venmo and others have made than they are about tech companies' incursions into other financial segments, according to a new survey by Promontory Financial.

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‘Screen scraping is not evil’: Bankers, fintechs, aggregators face off

02/27/20

A CFPB event on data-sharing issues gave the parties a chance to debate the merits and risks of screen scraping, what can replace it and what consumers really want.

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State regulators look to streamline work for fintechs — and each other

02/26/20

One platform under development will let financial technology startups use a single portal to obtain licenses from multiple states, and another will let states collaborate on examinations.

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Fintechs are banking's Transformers. And banks aren’t ready.

02/26/20

Fintechs like LendingClub and Varo Money illustrate how the traditional financial system is changing. Banks that don’t rapidly evolve with technology will be obsolete.

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Nearly all age groups say they’d bank with tech giants

02/25/20

In every segment except people older than 64, a majority would consider banking with Apple, Google, Amazon or Facebook, a new survey finds.

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Changes at Mastercard; JPM gets on climate change bandwagon

02/25/20

Payments firm announces leadership changes; the bank will place restrictions on fossil fuel lending while adding to sustainable projects.

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Delaware bank's tech overhaul shifts into higher gear

02/24/20

WSFS, in an effort to catch up with bigger rivals, plans to upgrade digital channels in three years instead of five.

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Intuit, Credit Karma chiefs contend merger is good for consumers

02/24/20

Observers speculate that Intuit simply wants to enhance revenue and protect its tax software business, but the CEOs of each company say the deal would also give consumers more control of their overall finances.

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4 ways a Credit Karma deal could pay off for Intuit

02/24/20

Intuit is reportedly buying Credit Karma for $7 billion. The move is seen as a way for Intuit to get access to more consumer behavior data, generate new sources of income and potentially protect a key business.

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