How banks can balance speed and compliance
As consumers increasingly desire faster banking, more convenient access to their accounts and quicker decisions on their loan requests, financial...
Risk & Security
TurboTax maker Intuit wins U.S. antitrust nod for Credit Karma
Intuit Inc., the software company behind TurboTax, won U.S. antitrust approval for its $7.1 billion takeover of personal finance website...
Google Cloud dials up confidential computing tool
Google Cloud is ramping up production of its latest security offering, Confidential VMs, which allows users to encrypt sensitive data...
Nasdaq to buy Newfoundland’s Verafin for $2.75B in cash
Nasdaq Inc. agreed to acquire Verafin, a provider of technology that fights financial fraud and money laundering, for $2.75 billion...
BAS 2020: Wells Fargo eyes automation to speed KYC/AML processes
Wells Fargo is prioritizing automation efforts for “know your customer” (KYC) and anti-money laundering (AML) processes in 2021 as the...
Weekly Wrap: Revisiting the election implications for fintech
While election officials continue to count votes in key battleground states, Bank Innovation editors revisited the 2020 election implications on fintech...
Visa to face U.S. antitrust suit over Plaid acquisition
The U.S. Justice Department sued to block Visa Inc.’s $5.3 billion acquisition of Plaid Inc., accusing Visa of trying to...
Nasdaq futures surge with Trump odds rising in election outcome
U.S. equity tech futures surged more than 3.5% as election results pointed to a tight race in the American presidential...
Visa $5.3 billion Plaid deal triggers DOJ antitrust worries
Visa Inc.’s $5.3 billion acquisition of Plaid Inc. has raised competition concerns at the U.S. Justice Department, which is nearing...
OCC to use new data to reach underbanked
The Office of the Comptroller of the Currency wants to use new data sources to determine creditworthiness and give underbanked...
