How JPMorgan is using blockchain to make B2B payments ‘programmable’
The technology, which has its roots in cryptocurrency, could make corporate transactions more flexible.
Fiserv tests a hub approach to embedded finance
Building on technology it acquired with cloud-banking fintech Finxact, Fiserv aims to play matchmaker between its bank partners and merchants.
The next wave of fintech should focus on human relationships
As we look ahead to fresh innovations in fintech, we should try to reconnect with a deeper, more intentional set of human relationships foundational to our experience of money.
5 things to expect at American Banker’s Small Biz Banking 2023 conference
Banks across the spectrum of size and location serve small businesses — but they all do it differently. At American Banker’s Small Biz Banking 2023 conference in Nashville from November 13-15, banks of all sizes will come together to share ideas, learn from experts and hear from bankers in the field who are doing it […]
Home Loan bank reforms could raise bank funding costs — if they happen
Changes being considered by the Federal Housing Finance Agency would make liquidity more expensive and complicated to obtain. But first, those reforms will have to overcome the political power of a wide range of financial institutions that benefit from the status quo.
Sunshine Act Notice: FDIC Board of Directors Meeting
SUNSHINE ACT NOTICE | NOVEMBER 9, 2023 FDIC Board of Directors Meeting The FDIC Board of Directors will meet in open session: Time and Date: 10:00 a.m. on Thursday, November 16, 2023. Place: This Board meeting will be open to public observation only by webcast. Visit https://www.fdic.gov/news/board-matters/video.html for a link to the webcast. FDIC Board Members and staff will […]
Fifth Third faces state inquiries over solar panel financing
The Cincinnati-based bank, which purchased a solar lender last year, is facing an investigation from 17 state attorneys general over the acquired company’s lending practices and contractor network. One solar panel installer has gone bankrupt and faced complaints across the country.
African American-led fintech rides SBA’s minority-lending wave
Los Angeles-based Lendistry in less than two years became the largest Black-run 7(a) lender. Its CEO credits a concerted effort by the Small Business Administration to reach out to minority lenders and businesses, whose participation in the lending program is growing.
How regulators can foster competition and bolster AI innovation
Speakers at DC Fintech Week highlighted ways forward for regulators to keep pace with artificial intelligence, such as by setting up “guardrails” before guidelines.
Fed repo facility sinks below $1 trillion as bills stand out
The amount of money that investors are parking at a major Federal Reserve facility dropped below $1 trillion for the first time in more than two years.