JPMorgan Chase plans to block fintechs from screen scraping as they believe the practice is putting the bank at greater...
U.S. Bank launches app to take pain out of filing expenses Bankers Expect AI To Make Your Financial Life More...
The discussion at American Banker’s annual Digital Banking Conference in Austin last week revolved around new technologies like AI and...
In a new Wall Street Journal feature, called Back in Business, Jason Zweig provides some detail into the origins of...
Bank of America, JPMorgan Chase and Wells Fargo have agreed to waive ATM fees for Californians who receive public benefits;...
Banks and fintech firms are in competition over payments systems and each thinks real-time payments should be run differently; Bank...
JPMorgan Chase, Wells Fargo and now Ally Bank have all outsourced a part of their home lending process to fintech...
Bank of America CEO Brian Moynihan says that the big bank point of view of Dodd-Frank is that the law is fine; he explained that none of the big banks are trying to touch the law and it has made the financial system safer; small banks have been pushing to roll back some of the regulations associated with Dodd-Frank because they feel it is too burdensome; the interview at the Economic Club of Washington also touches on fintech, blockchain and other bank related issues. Source.
P2P payments app Zelle saw a 60 percent jump in volume during the 4th quarter, 40 percent of which came...
Bank of America’s digital investment product, Merrill Edge, has seen their assets under management grow with the help of branches to serve clients; Merrill Lynch has plans to add 600 new investment centers within Bank of America branches to help with this strategy; the combination of using technology and human advice for high net worth clients is a growing trend among bigger banks as they compete with new robo entrants. Source.