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From cnbc.com

'I have no money': Thousands of Americans see their savings vanish in Synapse fintech crisis

12 45

CNBC spoke to a dozen customers caught in the Synapse fintech predicament, people who are owed sums ranging from $7,000 to well over $200,000.

#fintech #synapse #Technology

on Fri, 3PM

From cnbc.com

Visa debuts a new product designed to make it safer to pay directly from your bank account

4 6

Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit process.

#banks #fintech #visa_inc #Technology #ycombinator #金融科技 #business_news #mastercard_inc #breaking_news_technology

on Sep 5

From paymentsdive.com

Richmond Fed seeks more CapOne-Discover input

2 2

The regional Fed bank, which has purview for the proposed merger, demanded more information from the bank as it considers whether to approve the deal.

#banking #finserv #fintech

19h ago

From fintechplaylist.com

Fintech Playlist 💿 Week 145

1 1

You might be looking forward to turkey 🦃 or Black Friday 📅 but if you are looking for the best fintech-to-song pairings out there, look no further 👇 Steven Ramirez Steven Ramirez on LinkedIn: #banking #fintech #ai #complianceGreat panel on Compliance in the Age of Digital Transformation at CRA...

#fintech #fintechplaylist

4h ago

From paymentsdive.com

Real-time payments scams rise

1 1

More people are falling for real-time payment scams as the use of such speedy systems increases, a FICO survey showed. 

#banking #finserv #fintech #paytech #Payments

5h ago

From americanbanker.com

Fed's Bowman: Regulators 'must have an openness' to AI

1 1

While the risks, benefits and magnitude of artificial intelligence's impact on financial services remain unclear, agencies should keep an open mind toward the technology and avoid reflexive risk aversion in bank supervision, Federal Reserve Gov. Michelle Bowman said.

#AI #banking #finserv #fintech

5h ago

From express.co.uk

Chase launches first-ever credit card offer to ‘put pressure’ on UK banks

1 1

JP Morgan's digital bank will be offering their new staggering deal to 25,000 customers only

#banking #finserv #fintech

8h ago

From lowyat.net

GXBank Lowers Interest Rate To 2% Starting October - Lowyat.NET

1 1

It has been nearly a year since GXBank, a fully digital bank led by Grab, was launched to the public and similar to its rival AEON Bank, it is in the process

#bank #gxbank #banking #finance #fintech #digitalbank #interestrate

on Sep 6

From bankingdive.com

REV Credit Union to buy West Virginia bank

1 1

The South Carolina-based credit union’s proposed acquisition of First Neighborhood Bank is the 15th announced whole-bank purchase by a credit union this year — one off 2022’s record of 16.

#banking #finserv #fintech

on Sep 5

From bankingdive.com

Old National names CFO amid predecessor’s child molestation case

1 1

Brendon Falconer, who was put on administrative leave, left the bank Aug. 31 with a $2.6 million payout. John Moran, the now-permanent CFO, has filled the post on an interim basis since April.

#banking #finserv #fintech

on Sep 5

From americanbanker.com

Credit unions rarely engage in BaaS. North Bay is an exception

1 1

Membership requirements, expense and the nonprofit ethos largely keep credit unions from participating in the banking-as-a-service space. But a few, such as North Bay Credit Union in California, have carved out a niche.

#banking #finserv #fintech

on Sep 5