Movers and shakers: Notable October hires in fintech and banking
October has seen many new hires in banking and technology around the industry. Big banks like Fifth Third, U.S. Bank ...
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New AI takes on consulting, CRM
Banks are betting on artificial intelligence to change the future of work. “Much of risk compliance and control depends on ...
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 ...
Top fintech funding rounds of Q3
Despite economic headwinds from the COVID-19 pandemic, fintech funding volumes continued to move in a positive direction in the third ...
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 ...
Jack Ma’s Ant set to raise $35 billion in biggest-ever IPO
Jack Ma’s Ant Group Co. is set to raise about $34.5 billion through initial public offerings in Shanghai and Hong ...
Jack Ma blasts global financial regulators’ curbs on innovation
Alibaba Group founder Jack Ma criticized global financial regulations for stifling innovation and urged China to seek a system that ...
HSBC leans into APIs to expand Cash Flow Forecasting tool
HSBC is expanding its Cash Flow Forecasting tool across its global footprint, and leveraging APIs to do so with minimal ...
Ditching the branch is a mistake, Forrester predicts
Banks that go fully digital as a result of COVID-19 could regret the move. “Banks shouldn’t abandon the branch but ...
Weekly Wrap: API-based data sharing and bank spending take center stage
This week, FinAi News sat down with Don Cardinal, managing director of the Financial Data Exchange, to talk about the adoption ...
