Why this bank ventured into the landlord-tenant war zone
Leader Bank says it can land property managers as commercial clients by helping them handle tenant deposits — and possibly create opportunities to boost CRE lending. ... Read full article
Leader Bank says it can land property managers as commercial clients by helping them handle tenant deposits — and possibly create opportunities to boost CRE lending. ... Read full article
The fintech wants to facilitate loans for elective surgeries, auto repairs and jewelry purchases, but regulatory uncertainty — at the state and federal levels — casts a cloud over its business model. ... Read full article
Fresh off landing JPMorgan Chase as a client, the digital payments firm is counting on tech veterans Yael Zheng and Vinay Pai to help accelerate its growth through additional partnerships with banks and accounting firms. ... Read full article
The Michigan bank hopes conversational technology can get customers to talk more freely about their financial health. ... Read full article
Readers weigh in on the action at Wells Fargo’s annual meeting, debate the idea of changing the Consumer Financial Protection Bureau’s name, chime in on a postal banking proposal and more. ... Read full article
Although there's often a tension between regulation and innovation, the sandbox concept can help startups, regulators and incumbent banks better navigate experimental financial technologies. ... Read full article
Nymbus is offering its bank clients a service to create a digital brand under their existing charter in as little as 90 days. ... Read full article
Established banks and financial startups bring different perspectives to the negotiating table. Better understanding those differences can make the sale of a fintech go more smoothly. ... Read full article
Its decision to hire a consultant to trim expenses highlights the difficulty regionals face in making long-term technology investments in a low-growth era. ... Read full article
Citibank finds people need people (at least in a branch). Santander launches a new consumer app, which makes money transfers using blockchain technology. JPMorgan Chase can be an intimidating partner for fintech startups. Plus, Elizabeth Warren’s new ... Read full article
The issues at Wells Fargo extend beyond the fines; Ally Financial's auto finance chief departs; ICBA chief Cam Fine signs off; and more from this week's most-read stories. ... Read full article
Consumers around the world are increasingly accessing banking solely through digital means, according to new global studies by Oracle and the World Bank. ... Read full article
The Wall Street giant's acquisition of the app maker Clarity Money is only one part of a long-term strategy to build a digital retail bank from the ground up. ... Read full article
New York Attorney General Eric Schneiderman asked 13 cryptocurrency exchanges for detailed information about their operations as part of a "fact-finding inquiry." ... Read full article
Chris Marshall, a former CFO at Capital Bank Financial, will help Tax Guard recruit bank and nonbank clients. The firm uses technology to let lenders know if potential clients owe money to the IRS. ... Read full article
New Resource Bank and P2Bi are splitting the risk and revenue associated with asset-based loans. ... Read full article
Banks should rethink even existing services, such as the branch experience, said top executives at the Oracle Industry Connect conference. ... Read full article
As upstart companies mature, they face pressure to develop deeper relationships with their customers. That is leading some to offer to a wider range of products, including deposit accounts. ... Read full article
The announcement is an example of how Green Dot, which swung from a loss to a profit in the fourth quarter, is focusing on technology partnerships with Intuit, Uber and others to boost its bottom line. ... Read full article
The bank says its partnership with Lender Price will help streamline and simplify its home loan process. ... Read full article