Goldman Sachs is entering P2P lending. This is a major milestone for our industry since it marks the 1st bank...
Many companies are facing an uncertain future due to the current crisis but there are still many success stories in...
While America remains the richest economy in the world it is also the one where it is the most expensive...
It seems like every week there is a new entrant into the US deposit taking space. Clearly there is an...
The new express branches are meant to help customers with routine transactions like withdrawals and deposits; customers looking for further advice or a loan would be able to connect via videoconference or go to a typical branch; they are looking to serve millennials in a more efficient way and allow them to access bankers and wealth managers through a digital experience using iPads; removing some of the human intensive areas of the bank and making it more self serve will cut down on costs and help to serve the younger, digital customers. Source.
Earlier this year Frank Rotman, a partner at QED Investors, released the seminal white paper, The Hourglass Effect, focused on...
Here is a multi-track podcast player of the sessions from the track SMB Fintech: New Solutions for Lending & Banking held in New York.
Remitly is best known for their money transfer service but is now launching Passbook, a bank for immigrants that don’t...
Leveraging technology has helped the banking sector significantly, lowering the risk of physical robberies as money increasingly moves digitally as...
SWIFT says that digital heists are on the rise as hackers are becoming more sophisticated in their tactics; they are recommending that banks increase security of computers used to transfer money; a Bangladesh Bank lost $81 million back in February, 2016 and there are more recent examples of hacks; the report provides details on the new methods hackers are using. Source