Sheila Bair Critical of Blackstone Acquisition
Former FDIC Head Sheila Bair has voiced her criticism of Blackstone’s recent multibillion-dollar acquisition of Promontory Interfinancial Network; Ms Bair tells the FT that ...
FIS President Says Innovation Takes Patience
Bruce Lowthers, President of Banking Solutions at core provider FIS, sat down with American Banker to talk about innovation at banks and how important ...
Bank-Fintech Partnerships Might Not be the Way Forward
Writing in Forbes Ron Shevlin of Cornerstone Advisors takes a close look at bank-fintech partnerships and if they are what they are all cracked ...
Revolut Seeks Debt and Equity Round Worth $1.5bn
UK based digital bank Revolut is looking to raise a fresh round of capital worth $1.5bn; the startup hired investment bank JPMorgan to help ...
New Studies Show Some Unease with Big Tech and Banking
Two new studies by the Consumer Bankers Association and Novantas and McKinsey point to some unease with consumers when it comes to big tech ...
Majority Challenger Bank Takes Aim at Immigrant Communities
U.S. based challenger bank Majority has been operating quietly in Houston, Texas helping the local Nigerian immigrant community and they now plan to launch ...
Fintechs Have Changed the Game but not as Much as Hoped so Far
While writing in Forbes Dushyant Shahrawat, Director of Rosenblatt Securities, takes stock of where fintech disruption is today versus where the fintech community hoped ...
NatWest Testing Credit Cards with Fingerprint Verification
UK based NatWest bank is running a 3 month trial, along with Mastercard and Gemalto, of a biometric credit card where you can use ...
Overall Synthetic Fraud Declines but Credit Unions are Vulnerable
According to the latest synthetic fraud study by TransUnion there has been a decline in this type of fraud but there was troubling signs ...
Key Trends and Development Seen at LendIt Fintech Europe 2019
Business Insider’s Eleni Digalaki takes a close look at some of the key takeaways from LendIt Fintech Europe which took place in London on ...