Banks expected to increase risk technology budgets after March crisis
Regional banks will need to implement holistic, sophisticated data and risk analysis technology following last month's bank runs, experts say.
Source: americanbanker.com
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Small banks and fintechs give feedback on CFPB data-sharing rules
The cost and scope of data sharing were among bankers' top complaints, while fintechs would like fewer restrictions, a report by the Consumer Financial Protection Bureau found.
Source: americanbanker.com
Bob Lee, creator of Cash App, dies in San Francisco stabbing
The fintech founder was also Square's first chief technology officer and the chief product officer of blockchain-based payments company MobileCoin.
Source: americanbanker.com
Ransomware, AI top list of threats driving up cyber insurance costs
A consortium of financial companies said premiums are rising despite a relatively low level of overall risk, causing some banks to reconsider their policies.
Source: americanbanker.com
The banking crisis made tech startups rethink what they want in a bank
Silicon Valley Bank served about half of all startups. As fintechs seek out new bank relationships, here are some of the things they are looking for.
Source: americanbanker.com