CFPB warns mortgage comparison platforms against biasing results
The CFPB this week issued guidance warning mortgage comparison-shopping digital platforms that they are violating federal law if they direct ...
Tag: Technology
Adaptable fraud strategies help banks lend with confidence in a down economy
Prioritizing a smooth customer experience while protecting against attacks.
Financial services CFOs anticipate economic downturn will affect business strategies
More than one-third (37%) of financial services CFOs agreed that their institutions’ strategies would be constrained due to expectations of ...
Survey: Younger investors drawn to wealth management apps
Mobile apps and websites have become the first resources that investors consult to review their investments, make transactions and conduct ...
Survey: Bank executives optimistic about financial sector’s future
Bank leaders are “cautiously optimistic” about the future, believing that current trends such as increased digitalization and a focus on ...
Retail banking tech spending trends reflect multiple challenges
Competitive pressures and increased customer expectations are leading drivers of technology investments.
FHFA plans competitions to seek fintech housing finance solutions
The Federal Housing Finance Agency plans to hold a series of “tech sprints” to solicit input on financial technology solutions ...
ABA cautions against shifting liability for P2P scams
Any measures to shift liability to financial institutions for peer-to-peer payments that a consumer authorizes and later claims were paid ...
OCC to create Office of Financial Technology
The OCC will establish an Office of Financial Technology early next year “to bolster the agency’s expertise and ability to ...
Open banking and API security: Best practices
Adopters of open banking can more effectively harden their security stance against future attacks, protect their data and customers with ...
