June 30, 2017
Via: Banking ExchangeNot so long ago, banks used the word “legacy” as a positive—heritage, staying power. Now, when “banks” and “legacy” appear in the same sentence, it’s more in the sense of watching someone trying to run the 50-yard dash standing in […]
April 5, 2017
Via: FinextraA Brazilian bank had its entire IT operations taken over by hackers in a ‘stunning compromise’ that saw each of its 36 domains, corporate email and DNS under the attacker’s control. The three-month long heist was uncovered last October when […]
December 19, 2016
Via: Banking ExchangeTechnology has changed the ways in which consumers demand credit and lenders supply it. One of the more noteworthy shifts has been the emergence of fintech consumer lenders, generally characterized by no branches, an emphasis on agile and sophisticated use […]
December 8, 2016
Via: Banking TechnologyThe Office of the Comptroller of the Currency (OCC) in the US intends to grant federal bank charters to fintechs. These will be limited/special purpose only, and the companies will still have to comply with an array of other regulations such […]
June 2, 2016
Via: Banking ExchangeWhile seven in ten U.S. adults own smartphones, less than half have ever made any kind of payment with them, according to research issued by the Pew Charitable Trusts. “Our research shows is that safety is still a concern. This […]