Fintech

7 things that will affect next stage of banking's evolution

12/12/19

More digital competition, tougher tech choices and a completely new generation of customers are just some of the challenges facing bankers in the near future.

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Machine learning’s promises, pitfalls

12/12/19

Testing shows an overreliance on machine learning data can unfairly harm credit scores.

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Consumer credit will remain strong in 2020: TransUnion

12/12/19

Casting aside recession fears, the credit bureau predicts credit cards, mortgages, auto loans and unsecured personal loans should all perform well — including those extended by online lenders.

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BNY Mellon's tech spending will accelerate in 2020, interim CEO says

12/11/19

Todd Gibbons, who succeeded Charlie Scharf in September, said tech investments give the custody bank a competitive edge and make it more efficient.

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A new path for banks in digital marketing

12/11/19

Radius Bank is letting consumers open accounts through NerdWallet as part of its banking-as-a-service offerings to reach customers through third parties.

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Upstart to help banks pay off customers' credit card bills

12/11/19

It sounds like something that should be simple — letting a customer pay off their credit cards with a new personal loan — but it's not, according to Dave Girouard, Upstart's CEO.

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When open banking and data privacy collide

12/11/19

Banks are increasingly sharing data and must brace for new regulations protecting that data.

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Good quarter for banks?; HSBC settles U.S. tax evasion case

12/11/19

JPM’s CFO says trading, investment banking revenue better than expected; the bank will pay $192 million to settle charges it helped customers hide assets.

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One challenger’s goal: Banking that digs deeper into small-business operations

12/10/19

The startup Rho argues that small firms still have unmet needs, especially tracking cash flow in real time.

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Fighting terrorism while helping immigrants a tricky balancing act

12/10/19

The leader of a new Compliance and Payments Task Force dives into how it will address emerging issues of counterterrorism financing in the digital age.

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