#fintech-competition

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Real estate
fromwww.housingwire.com
11 hours ago

Willamette Valley Bank exits residential mortgage lending

Willamette Bank's mortgage originations dropped 49% to $233 million in 12 months, reflecting broader industry pullback as banks exit or reduce mortgage lending operations.
fromBusiness Insider
1 day ago

Visa is winning the AI race in payments, but the question is whether it will pay off

With relatively nascent industry players like Stripe and Block performing well - and showing their AI potential reflected in their valuations - the Index leaders cannot afford to drop off the pace. Payment companies - which move money around between banks, businesses, and consumers - run on technology. Evident's new industry ranking reveals how the companies we interact with every day are using AI, from deciding whether a transaction goes through to detecting fraud.
Artificial intelligence
#paypal
fromFortune
2 months ago
Cryptocurrency

PayPal CEO Alex Chriss says stablecoins will be key as his company navigates the 'classic innovator's dilemma' | Fortune

fromFortune
2 months ago
Cryptocurrency

PayPal CEO Alex Chriss says stablecoins will be key as his company navigates the 'classic innovator's dilemma' | Fortune

Business
fromFortune
1 month ago

The rise of on-demand leadership in the AI economy | Fortune

Jamie Dimon says inertia and slow decision-making are unforgivable as AI reshapes JPMorgan; the bank integrates AI across operations to compete with fintechs.
#jpmorgan
Business
fromFortune
2 months ago

Coinbase just announced stock trading and new Kalshi-based prediction markets | Fortune

Coinbase will offer stock trading and prediction markets through Kalshi, expand into broader financial services, and directly compete with fintech firms like Robinhood.
Miscellaneous
fromComputerWeekly.com
3 months ago

Tech central to swingeing job cuts at ABN Amro | Computer Weekly

ABN Amro will remove 5,200 roles (nearly a quarter of staff) by 2028, using IT, AI, APIs and process simplification to digitise operations and reduce costs.
Canada news
fromwww.cbc.ca
3 months ago

Questrade secures approval to launch a bank in Canada | CBC News

Questrade received OSFI approval to launch Questbank, a Schedule I domestic bank in Canada, expanding its services and competing with major banks and fintechs.
fromBusiness Insider
5 months ago

Robinhood CEO shares how he's better-positioned than big banks - and where he struggles

access to traditional checking and savings accounts with luxury benefits,
Startup companies
#ux-strategy
Privacy professionals
fromwww.housingwire.com
6 months ago

Open banking under pressure: What new data access models could mean for mortgage verification

Open banking empowers consumer-controlled data access, but evolving access policies and infrastructure costs risk fees or restrictions that could hinder fintechs and mortgage verification processes.
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