What Dimon had to say about fintech in his annual letter
The JPMorgan CEO detailed the bank's $9.5 billion technology budget, forthcoming upgrades, and more. ... Read full article
The JPMorgan CEO detailed the bank's $9.5 billion technology budget, forthcoming upgrades, and more. ... Read full article
The money is intended to help the North Carolina city become a fintech hub. ... Read full article
As banks work to integrate their mobile apps with their physical channels, the march toward universal cardless ATM technology continues. ... Read full article
U.S. Bank has gone from monitoring Yelp to working with the technology firm ReviewTrackers to monitor customer comments on 23 sites. ... Read full article
Bank of America views Dublin as its default destination for a new hub inside the European Union if Brexit means the U.K. loses easy access to the single market, according to one of the firm's top executives in Germany. ... Read full article
Jamie Dimon is trying to transform what has long been seen as a sleepy Washington club for CEOs into a lobbying powerhouse. ... Read full article
Bank of America is revamping its retail network and upgrading its ATMs as it rolls out a new type of branch that bridges the physical and digital worlds. ... Read full article
Capital One co-founder Nigel Morris discusses how his venture capital firm, QED Investors, helps banks and fintechs better understand each other. ... Read full article
Bank of America awarded Chief Executive Officer Brian T. Moynihan $20 million for his work last year, raising his compensation 25 percent. ... Read full article
Chatter about bank-nonbank combinations pops up frequently, as it did in a low-profile way this week, but there are reasons you should be skeptical even in these anything-could-happen times. ... Read full article
JPMorgan Chase has partnered with the fintech firm Roostify to build a digital self-service mortgage platform. ... Read full article
The American Bankers Association filed a lawsuit Thursday against the Federal Reserve and the federal government in general over a provision in the 2015 transportation bill that diverted dividend payments to Fed member banks to the highway fund. ... Read full article
In an newly created role, Deborah Guild, the bank’s current chief technology officer, will lead a revamped security unit. ... Read full article
With another $60 million in writedowns, BBVA Compass has taken $90 million in goodwill impairment charges related to its $117 million acquisition of the neobank Simple. ... Read full article
By partnering with Intuit, Wells Fargo is continuing its journey toward API-based data sharing, and away from screen scraping. ... Read full article
The deal points a way forward, not only to resolve the debate over screen scraping and ownership of customer data but to redefine banks' value proposition. ... Read full article
Customers of JPMorgan Chase will no longer have to surrender their bank credentials in order to use Intuit products like Mint, TurboTax or QuickBooks. o ... Read full article
As JPMorgan Chase and Oracle face lawsuits from the Labor Department over their allegedly discriminatory pay practices, Sallie Krawcheck talks about how the key to closing the equality gap is financial equality, and U.S. Rep. Carolyn Maloney suggests the ... Read full article
Royal Bank of Scotland is considering taking a multi-billion dollar charge in the fourth quarter for a U.S. mortgage securities probe that would give an indication of the size of the full settlement. ... Read full article
Michael Corbat told analysts Tuesday that Citi will no longer report Citi Holdings, its erstwhile "bad bank," as a separate entity. ... Read full article