Harnessing financial data to modernize banking and mortgage products
A customer-first approach has the potential to unlock serious growth.
A customer-first approach has the potential to unlock serious growth.
The Federal Reserve Bank of New York today published research demonstrating how a wholesale central bank digital currency could deliver significantly faster cross-border transactions.
The illicit finance risks posed by digital assets can be most effectively managed by regulating nonbank cryptocurrency companies while allowing banks to engage more fully in digital asset activities, where they will be subject to comprehensive regulation and Bank Secrecy Act requirements, ABA said today in a letter to the U.S. Treasury Department.
The American Bankers Association and management consulting firm Oliver Wyman today released a new report that provides a framework for bankers to fight fraud by improving their customer identity management.
Only two in five people see the U.S. lagging behind other countries in creating a regulatory environment that makes it easy or safe to buy or trade cryptocurrency, although a majority also believe there should be clearer industry regulation, according to a new survey by digital currency investment adviser Grayscale.
The Federal Housing Finance Agency plans to hold a series of “tech sprints” to solicit input on financial technology solutions that could benefit the housing market, but will first seek public comment on maximizing the information gleaned from the events, according to a public notice
Mobile apps remain the most popular choice for most consumers when banking, according to a new survey commissioned by the American Bankers Association.
The OCC will establish an Office of Financial Technology early next year “to bolster the agency’s expertise and ability to adapt to a rapidly changing banking landscape,” the agency announced today.
Adopters of open banking can more effectively harden their security stance against future attacks, protect their data and customers with a holistic approach to API.
Banks of all sizes access the innovation ecosystem through in-house development, fintech partnerships, acquisitions and venture investment. Huntington Bank does all four.