Why Are Bank-Fintech Partnerships So Rare?
JPMorgan Chase made waves this week when it announced a partnership with data aggregator Plaid. The move will allow Chase ...
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Capital One Hopes to Score Big with Walmart Partnership
Walmart seems to be popular among financial services players these days. First PayPal and now Capital One have noted the ...
Zelle Outpacing Venmo in P2P Money Transfers
Two peer-to-peer payments platforms competing for market share and consumer loyalty posted big gains in their 3Q18 earnings reports. While the ...
New Lending Product Aimed at Broadening Target Audience of Barclays U.S.
If there’s one area that fintech companies are giving banks tough competition in the U.S. market, it’s the lending space. ...
As Rates Rise and Recession Threatens, Alternative Lenders Batten Down the Hatches
LAS VEGAS – The CEOs of Prosper Marketplace, Lending Club, and Social Finance Inc. all spoke to a common theme ...
The Struggles of Banks as Technology Companies
LAS VEGAS — It’s a common refrain from bank CEOs: “My bank is a technology company.” But the reality is ...
Bank of America Introduces PFM Features on Virtual Assistant Erica
Bank of America’s virtual assistant Erica is a perfect example of how the bank is using “AI to make (BofA) ...
CB Insight’s Top 250 Fintechs Made 186 Deals Worth $24B This Year
CB Insights on Monday named its 2018 Fintech 250, a list of what the research firms considers the most promising ...
Can Fintech Pave a Way for Financial Inclusion?
Federal Reserve Governor Lael Brainard addressed barriers to financial inclusion at a conference hosted by the Boston Fed and the ...
Traditional FIs Should Feel Threatened by Challenger Banks, Report Says
Thanks to a large unbanked population and growing importance of the millennial customer, the digital-first bank business model is spreading ...
