Fintech

The Unsinkable Cathy Bessant: Bank of America's top tech exec takes on AI

09/29/19

She turned around troubled business units, rebounded after a demotion and beat cancer. Now Bank of America’s chief operations and technology officer is taking on her biggest challenge yet: ensuring AI is used responsibly.

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Most Powerful Women in Banking, standout fintechs, Corbat on gender pay gap: Top stories of the week

09/27/19

Cathy Bessant, BofA’s chief operations officer, is the Most Powerful Woman in Banking; 6 standout fintechs at Finovate 2019; the Citi CEO says gender pay gap is ‘a challenge we need to tackle together’; and more from this week’s most-read stories.

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What Charles Scharf’s Visa years say about his plan for payments at Wells

09/27/19

In the payments world, Scharf is best known as the CEO of Visa Inc. from 2012 to 2016, where his strategies for faster payments, fintech partnerships and other key issues may shed light on what Scharf has planned when he becomes CEO of Wells Fargo.

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Financial abuse of elders is getting worse

09/25/19

Elder financial exploitation is a vast and growing problem in the U.S., and one that presents difficult policy challenges for law enforcement and banks.

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Six standout fintechs at Finovate 2019

09/25/19

Here are companies whose strong visions and timely ideas commanded attention at the technology conference in New York this week.

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Dimon’s role in WeWork IPO fiasco; Freddie tests underwriting software

09/25/19

JPMorgan, which led the offering, may have “enabled” the startup’s questionable behavior; the system may enable more people to get approved for mortgages.

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JPMorgan donates $25M to get fintech in hands of underbanked

09/24/19

It is the bank’s second big gift to the nonprofit Financial Health Network in recent years, with this one earmarked for a financial solutions lab.

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Savings app Blast has new target market — PC gamers

09/24/19

The app, which started with mobile gaming, will now integrate itself with some of the most popular video games on the market such as Fortnite.

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U.S. Bank embraces open banking with data-sharing agreements

09/24/19

The bank has developed APIs to feed customer data directly to seven fintechs and data aggregators, including MX and Finicity.

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Fintech Fundbox raises $176 million to lend to business using AI

09/24/19

The San Francisco startup plans to use the fresh funding to hire employees in its engineering team and to expand the number of platforms it works with.

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