U.S. FIs Pursue Open Banking Without Europe-style Regulatory Nudge
The U.S. is making a more organic shift toward open banking concepts than what is seen in Europe, where the...
Risk & Security
Crypto Startup Offers Insurance Against Quadriga Wallet Dilemma
While users of the troubled Quadriga CX cryptocurrency exchange remain unable to retrieve millions in funds, a startup backed by...
Fintechs Do Not Fear Brexit … At Least Not, Yet
LONDON -- Brexit is an unavoidable topic in the United Kingdom these days. Unless of course, you attended Finovate Europe....
Can Banks Solve their Small-Dollar Loan Problem with Fintech Partnerships?
Aura, a San Francisco-based fintech offering affordable loans to low to moderate-income households, wants to partner with banks to offer...
Alliant Credit Union Could Become the First Digital-Only CU in the U.S.
Alliant Credit Union, one of the nation’s largest CUs, is fully digitalizing its end-to-end member application and loan process by...
Germany Bans New Wirecard Short Sales in Unprecedented Move
Germany’s financial regulator took the unprecedented step of temporarily banning short sales of Wirecard AG shares following reports of suspicious...
Apple, Amazon, Alibaba Are Coming After Banks, Regulators Say
Giant technology companies are moving inexorably into the finance business and could quickly upend the banking industry, according to the...
Banks Won’t Skimp on Technology Spend Despite Bleak Economic Predictions
Despite predictions of a bleak economy and decreasing investment spending from businesses, banks will not be cutting down their technology...
To Lure Tech Talent, Fintechs Relocate, Pull Out Wallets and Dangle Cultural Perks
Established fintechs, startups, banks and tech giants alike are pulling out all the stops to attract and retain the same...
Santander and IBM Strike $700 Million Deal to Accelerate Bank’s Digital Transformation
IBM today announced a five-year, $700 million agreement it reached with Banco Santander that will enable the Madrid, Spain-based bank...
