Tag: Banks
Wells Fargo and Finicity sign data aggregation partnership
Finicity has inked a major data aggregation deal with Wells Fargo that will enable its customers’ data to be shared by financial apps and services. Read more: finovate.com
The FinTech files: three truths and two myths
Neal Cross, the chief innovation officer of DBS, shares his unique perspective on FinTech. Read more: www.cityam.com
The role VCs can play in pairing banks and FinTech
Banks typically don't share a language with the FinTechs in which he now invests and this difference lies at the heart of the disconnect. Read more: www.americanbanker.com
Dutch banks face online security questions
The vast majority of Dutch banks are failing to protect their .nl domain names with the latest security protocol, according to a report. Read more: www.finextra.com
When customers regulate banks
Trendsetters and other customers previously shunned by banks, have moved closer to “non-banks”, where customer focus is more up to date and authentic. Read more: www.crowdfundinsider.com
Robo advisors push wealth management into 21st century
Algorithm-based advice appeals to mature users as well as younger customers Wealth management, the hot ticket in recent years for banks. Read more: www.bankingexchange.com
Banks play growing role in funding FinTech
Banks have found a novel way to fend off FinTechs plans to take them down: they are funding it. Read more: www.americanbanker.com
UK counts on FinTech for banking reform
British banks will from 2018 have to share customers' data with third parties who can then show how much could be saved by using other lenders. Read more: au.finance.yahoo.com
FinTech B2B lending marketplace Bigstone raises $3m
Small business lending marketplace Bigstone has raised funds to offer an alternative to the big banks. Read more: www.afr.com
Big banks turn Silicon Valley competition into profit
This year, Jamie Dimon was upbeat, describing payment systems and partnerships his bank set up to compete. Read more: www.bloomberg.com