To boost credit scores, FICO, Experian, Finicity want bank data

10/22/18

In a move designed to improve access to financial products for consumers with low credit scores and short credit histories, Experian, FICO and Finicity are developing an "UltraFICO" score that lets individuals share checking and savings account data and help lenders better assess risk.

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JPMorgan Chase inks fourth data aggregator deal

10/22/18

Plaid will be able to access the bank’s customer information through a secure API. JPMorgan has similar agreements with three other fintechs.

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New ABA chair: Tailor regs to business models, modernize CRA

10/22/18

Jeff Szyperski wants regulators to update the definitions of assessment areas under the Community Reinvestment Act, and remove 'arbitrary' asset thresholds from bank regulation in general.

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Umpqua sells unit behind creation of its app for choosing personal bankers

10/22/18

The bank will still use GoTo, an app consumers can use to communicate with a personal banker, but no longer own the Pivotus subsidiary that created it.

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CFPB's real power player; FICO's push to help loan approval

10/22/18

Brian Johnson, the agency’s second-in-command, wields much power; Fair Isaac is planning changes to credit scoring to boost approvals.

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PNC to debut entirely digital small-business loans

10/22/18

The $380-billion asset company will soon join the parade of big banks and tech companies that are migrating online to meet the demands of business owners.

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PFM, AI and more: Startups compete for Barclays funding

10/21/18

At Barclays' fintech accelerator, this year's class has fresh takes on personal financial management, recruiting and trade finance.

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Regional banks' reg relief triumph gives way to new battle

10/21/18

Banks technically relieved of the “systemically important” label in last spring’s legislative package are lobbying regulators hard over concerns that they could still face tough standards.

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Ex-ABA employee sues group, alleging discrimination

10/21/18

A former employee of the banking trade group is accusing some of its executives of allegedly creating a “boy’s club” atmosphere that discriminated against women and minorities on staff.

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JPMorgan to build a Silicon Valley campus for 1,000 employees

10/19/18

JPMorgan Chase plans to open a fintech campus in Palo Alto, California, part of the bank's efforts to attract more Silicon Valley talent.

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