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CFPB seeking to hire technologists

CFPB Monitor

The CFPB is seeking experts in data science, software engineering, product design, product management, and user experience (UX). Design & UX: Use expertise to help the CFPB understand how certain UX techniques can be harmful to consumers.

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The BaaS Gold Rush is On

Gonzobanker

As an example, PNC closed shop on its BBVA Open after acquiring BBVA’s U.S. While effective risk management requires close coordination among the bank, the BaaS tech-stack provider, and the fintech, regulators expect to see strong controls throughout the bank’s operations and customer experience channels. assets, citing high NIE.

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Innovating in the open: How the changing GRC landscape inspired IBM GRC’s latest releases in 2018

Insights on Business

Stories of improper conduct, and new regulations on data protection and privacy such as GDPR, continued to dominate the business headlines, moving from water-cooler conversation to “what about us?” For example, we have created options for even deeper levels of granularity (definitions, sub requirements, exceptions, conditions, etc.),

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Banks On Notice: Fintechs Are Coming For Checking Accounts & Debit Cards

CB Insights

SoFi, for example, allows users to see all their assets and liabilities in one place, while Square uses vendor partnerships to offer credit card-like rewards for its debit card. This backdoor around banking regulations could prove to be extremely fruitful for fintechs in the future. ux to help target existing clients.

Cards 71
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1M Users & Growing: 20+ Fintech Startups That Have Crossed The 1 Million Account Mark — And How They Got There

CB Insights

Product engagement and maintaining a clean UX/UI. For example, they reduce the friction of having to show up physically to open an account. Coinbase and Circle , for example, were 2 of the earliest players to capitalize. SoFi , for example, initially launched offering alternative student loans with lower interest rates.

Fintech 64
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Bright Paths Students Demonstrate New Skills with Incredible Variety of Apps

Perficient

With so many amazing examples of ingenuity, we are breaking our Bright Paths student profiles into two posts. Technology Stack: Flask, SQLAlchemy, Bootstrap, ForeignKeys, Jinja | APIs Used: Used data from “California regulations of possibly harmful products”, which was a CSV file.

Milwaukee 348
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Digital Banking Commandment: Respect Your Customers’ Data!

FICO

Remember that trust is the #1 thing banks have that many FinTechs don’t have, because we feel secure knowing that long-standing, regulated financial institutions will be around for a while. What incentives (e.g., cash, gift card, instant funding) are you giving them?