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Corporate Banks Need Radical Tech Shift, Say Analysts

PYMNTS

And while partnerships, collaboration and internal product development have helped banks to improve their reputations for innovation among their corporate clients, a new report from Boston Consulting Group says it’s not enough. Baumgärtner also coauthored the report. ” Positive Developments, New Opportunities.

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How can bank boards respond to increased regulatory scrutiny?

Abrigo

McGrane and Hilsenrath also noted that following the push for higher capital cushions, “regulators are now focusing on corporate governance and the role of directors to ensure banks have the right culture and controls to prevent excessive risk taking.” How complex is the bank’s operating model?

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Why One Startup Is Desperately Seeking Regulation

PYMNTS

These days, however, Uber is spending its time, increasingly, in court and has even managed to allow things to break down completely in Austin such that it doesn’t operate there anymore. Said charter will mean that Circle will face tighter scrutiny but great ease operating on a national scale. Kennedy School of Government.

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Quantopian Adds Chief Investment, Compliance Officers Ahead of Opening Fund to Public

Fintech Labs Insights

Quantopian announced on Friday that Derek Meisner (pictured) had joined the company as General Counsel and Chief Compliance Officer, to help build what Quantopian CEO John Fawcett called a “compliance and operational infrastructure” as the company prepares to take its hedge fund to the public. The company has raised $23.8

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20 Alums Make the First Forbes Fintech 50

Fintech Labs Insights

To make the cut, companies were required to have operations in the U.S. Exit: Purchased by PayPal in 2013 for $800 million. FinovateSpring 2013 demo. Founded: 2013. FinovateFall 2013 demo. Personal Capital. HQ: Boston. FinovateSpring 2013 demo. FinovateEurope 2013 demo. Founded: 2013.

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Sizzle Or Fizzle: Uber, Bitcoin, Botnets, SWIFT – And The Wells Wallets

PYMNTS

The weather in Boston – and it’s about darn time. Consumers can look forward to soon saying goodbye to the min-6-to-8-characters-with-a-capital- letter-and-number ritual for logging into a website. You want to know what really sizzled this week? As for payments, here are this week’s picks and pans.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. Table of contents. STAYING PRIVATE.