FINTECH ARTICLES OF THE WEEK 09/10/16 I am generally gung-ho on banks and their need to embrace FinTech partners and on the need for FinTech firms to build the systems that can help smaller banks compete. The record, yet rather paltry, $185 million fine levied on Wells Fargo for fraudulently opening accounts to meet sales targets gives some support to that thesis, even though … [Read more...] about Backing Banking?
FINTECH ARTICLES OF THE WEEK 05/22/16 No surprise that much of this week's FinTech news drew this or that lesson from the difficulties at peer-to-peer lender LendingClub. The market is abuzz with possibilities of lower FinTech investment, closer regulatory scrutiny, and either the need for greater partnerships with banks or a sense that perhaps the banking industry is OK on … [Read more...] about Alternative Lending Drama
FINTECH ARTICLES OF THE WEEK 05/15/16 FinTech's spring coming out party took place last week, with two days of demonstrations of the cutting-edge of financial services technologies at Finovate. To see what innovations companies debuted, take a look at a summary of Finovate's Twitter feed and the event live blog from financial public relations firm William Mills. At the same … [Read more...] about Innovation and Misconduct