Contributor : TimMelvin
FinXTech contributor Tim Melvin argues that fintech companies need banks just as much, if not more, than banks need them.
Community bank investor Tim Melvin shares some insights he gained from Bank Director's Acquire or Be Acquired Conference.
Tim Melvin discusses how regulatory agencies are reacting and gives possible solutions for fintechs.
Fintech firms that prosper under a Trump Administration will be those that can partner with a bank to offer financial products and services to bank customers in a more efficient and profitable manner.
Project Catalyst is a program in which the CFPB works with fintech firms to encourage the development of new consumer-friendly products.
IBM is now focusing Watson’s considerable talents on bank regulatory compliance.
Other countires have developed ’sandboxes’ to encourage and accelerate the development of new ideas and products for the financial services industry.
The use of robots’or at least the technology that powers them’is coming to banking.
How are the best banks using financial technology to make themselves even better?
The cost of compliance is excessive for many financial institutions and, for some, place their very survival into question.