Small banks ‘feel like hostages’ to their core systems: OCC’s Hsu
A set of panels discussing minority depository institutions and digitization found that cost is a significant challenge to minority depository institutions, especially in the core processing space.
Executive who helped lead reorganization at Citi is leaving
Titi Cole, CEO of legacy franchises at Citigroup, is stepping down in June to pursue opportunities outside of the financial services industry.
Banking-as-a-service middleware is going ‘direct.’ What does that mean?
Companies such as Synctera, Treasury Prime and Unit are diversifying their services or enabling more direct contracts between banks and fintechs to survive in an evolving regulatory environment.
VantageScore debuts model that can consider bank account data
The VantageScore 4plus product pulls in standard credit file information while also analyzing bank account balance and other transactional data to create an adjusted score