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Project Catalyst is a program in which the CFPB works with fintech firms to encourage the development of new consumer-friendly products.
Companies are hitting the marketplace with technology-only solutions that help banks help their business customers succeed.
Fintechs are working with banks to create unique and more personal relationships with customers.
Advances in data storage and analytics can drive revenue and lead to better credit decisions. And in this game, traditional banks actually have an advantage.
Lack of innovation is never listed as a cause of death in banking, but there is an unmistakable commonality among the leaders today.
The world is moving to digital identity systems. What will this mean for your bank?
The OCC has announced that it will support fintech innovations from neobanks to special banks, and creating breakthrough possibilities for firms in digital currencies like bitcoin.
If banks want to preserve their customer base and continue to grow, they will have to adapt to what’s happening in the financial technology space.
Live Oak Bank represents the convergence between traditional banking and fintech.
Banks are now being challenged to offer the services customers want with the specialization fintechs are able to deliver across multiple channels.
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