Breaking Banks: Blockchain’s strides hearten bankers, frustrate purists
Banks have signaled bullishness for blockchain tech. But some say ignorance is leading to ill-informed choices. American Banker: Feed
Banks have signaled bullishness for blockchain tech. But some say ignorance is leading to ill-informed choices. American Banker: Feed
Trust and transparency can be strengthened and like-minded borrowers and banks can be brought together if transactions are “tagged” and investments are explained, argues Bruce Cahan, adjunct professor at Stanford University. American Banker: Feed
Hong Kong and Singapore have long been economic crossroads. China and India are economies with vast populations. And Shenzhen is bursting with innovative creativity. All of these contribute to the Asian fintech market being far ahead in adoption and ecosystem creation. American Banker: Feed
Facebook now lets users log in using a physical token. If banks gave consumers this option, it would strengthen the security of online accounts — or at least bolster their image. American Banker: Feed
The growth of digital channels is bound to have an impact on bank M&A values. That means astute buyers will need to focus less on the number of branches they are getting then and more on the volume of customer data. Experts say it’s not a question of if, but when. American Banker
The Federal Housing Finance Agency is making it easier for Federal Home Loan banks to expand the kinds of collateral they can accept for advances. American Banker
Shiv Govindan at Pilgrims & Indians Capital has kept a relatively low profile as a bank investor. But two key board appointments at struggling community banks promise to make him a more visible player in the industry. American Banker
Following industry objections to how the Federal Deposit Insurance Corp. defines brokered deposits, a House panel heard testimony Tuesday on a series of bills that would amend the definition. American Banker
Nearly six months into its partnership with TD Bank in Canada, Moven is on the hunt for additional partners as it looks to take its real-time spending insights to the masses. American Banker
The era of banks and fintech companies cozying up to each other is in full bloom. Fintechs realize they can better disrupt the industry from within, while banks are looking for partners to help them navigate the digital world. Here’s a look at how banks worldwide are buying, investing in and in some cases lending