Wealthfront is the first of the tech-powered financial advisers to offer securities-based lending. It will compete with the likes of Wells Fargo and Morgan Stanley. ... Read full article
For all the talk of co-optation and partnerships with banks, financial services startups are doing well in underserved niche markets such as actors and musicians. ... Read full article
A freewheeling discussion (over beers) about the future of branches with Tom Brown of Second Curve Capital and Dave Martin of BankMechanics at the Trump National Doral hotel in Miami during American Banker’s Retail Banking 2017 conference. ... Read full article
The fiasco may hold a valuable lesson for fintechs and banks alike about the need for closer integration. ... Read full article
At last week's conference in London, host Brett King took time away from speaking and judging startup pitches to talk to some of the main presenters, including Ruth Wandhöfer, Citi's global head of regulatory and market strategy. ... Read full article
Digit's decision to charge a monthly fee for its savings help speaks to the challenge of making fintech profitable. ... Read full article
Fintech companies can help consumers and small businesses obtain credit at lower costs, but it is critical to ensure that these innovative companies do not harm borrowers with predatory or discriminatory lending practices. ... Read full article
"Virtually evert venture capitalist I know is excited about insurance as the next big thing in fintech," says Sam Hodges, co-founder and U.S. managing director at Funding Circle. ... Read full article
The hype surrounding voice technology, bots and machine learning suggests that artificial intelligence is increasingly common in financial services. But that is not the purist’s view of what AI represents. ... Read full article
First Data is teaming up with the bank to deepen the pool of knowledge and connections from which startups in the program can benefit. ... Read full article
A new company, bridge21, says it is using bitcoin to allow users to send money from the United States to Mexico at better rates than traditional payments companies. ... Read full article
Starling Bank in the U.K. is building from scratch. Unlike other neobanks, Starling sees its future as a hub of financial products, not necessarily the generator of every product. CEO Anne Boden explains. ... Read full article
Genpact's new platform promises to reduce the number of past-due invoices to less than 3% in most companies. ... Read full article
Big banks may have scoffed when a gaggle of financial technology upstarts promised to reinvent their business. Now they want to buy them. ... Read full article
The neobank Compte-Nickel has opened more than 540,000 accounts since its launch three years ago. ... Read full article
The battle over screen scraping seems to be subsiding into a series of agreements between banks and fintechs using open APIs. ... Read full article
The JPMorgan CEO detailed the bank's $9.5 billion technology budget, forthcoming upgrades, and more. ... Read full article
Derek Corcoran of Avoka discusses how banks have embraced digital marketing but still struggle with digital sales. Author Randy Pennington talks about building corporate cultures that adapt and foster innovation. ... Read full article
The money is intended to help the North Carolina city become a fintech hub. ... Read full article
Technology innovation and the level of consumer understanding about fintech options are critical missing pieces of Community Reinvestment Act policy. ... Read full article
