American Banker has put together a slideshow describing the various ways AI will change how banking is done; bank executives...
Alloy Labs Alliance is a new innovation lab and accelerator that addresses the innovation needs of regional and community banks;...
The desire for increased financial inclusion is a primary driver behind the increased use of alternative data in lending decisions, a new report from LexisNexis Risk Solutions finds.
CNBC shares just how Western Union has transformed since it started out in 1851 as the New York and Mississippi...
These tech titans still depend on banks to back their payment cards and loans. But their vast audiences mean any financial product they offer is a competitive threat.
Lesson One: Don't be an ivory tower of digital banking tech. Lesson Two: Don't be afraid to partner with a leader instead of butting heads.
The Ant Group is slated to go public with a valuation around $200bn, which makes it the world’s highest valued...
Apple Pay Later doesn’t cannibalize the Apple Card and “sideline” Goldman Sachs—it’s a stepping stone to a credit card relationship that benefits both Apple and Goldman Sachs.
Understanding how asset allocators view the space is something a lot of online lenders and fintech companies want to grasp; the panel at LendIt USA 2017 with asset allocators discussed their thoughts on fintech generally and the alternative yield market; traditional fixed income has become less attractive and so more investors are looking at where they can get greater yield for their investment; there is a thought that normalization of interest rate policy globally will ultimately resolve itself in an unpleasant way; alternative yield is a new asset class so selling to the big institutions has been a challenge; it really comes down to finding the right group within the institution and selling it as the right type of asset; knowing your market appetite is also key, such as in Europe where their are negative yields and public markets have been overbought by central banks; vigilance of recent lessons learned and beginning to fully understand this new asset class are two key takeaways as asset allocators begin taking a closer look toward this market. Source
Bank of the West’s Hisham Salama was hired in 2018 as Head of Digital Channels to help the bank reshape...