Browsing: Technology

Newsbytes

Mobile apps and websites have become the first resources that investors consult to review their investments, make transactions and conduct research, with apps particularly popular among younger generations, according to a new survey by J.D. Power.

Newsbytes

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

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Any measures to shift liability to financial institutions for peer-to-peer payments that a consumer authorizes and later claims were paid to a scammer will harm consumers by diminishing the availability and value of P2P payments, increasing consumers’ costs, reducing competition, and enriching and encouraging criminals, the American Bankers Association said today in a letter to the Consumer Financial Protection Bureau.

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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.

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