During an FDIC conference in Arlington, Va., today, Treasury Secretary Steven Mnuchin offered his thoughts on consumers’ ability to share their financial data with third parties and data aggregators.
As part of its efforts to help bankers understand and leverage the benefits of fintech, ABA has updated its white paper on application program interfaces, or APIs.
At a recent meeting in Bristol, Va., several banking industry leaders offered their thoughts on a wide range of issues facing the banking sector, from attracting millennials to bank consolidation.
Federal Reserve Governor Michelle Bowman today expressed concern that regulatory complexities and compliance issues could be hindering community banks’ approach to innovation.
By Lisa Gold Schier and Hoa Nguyen