Fintech Radar
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Merger costs eat into Fifth Third’s 2Q profit
Earnings at the Cincinnati company fell 25% from the same period last year, largely due to $109 million in expenses tied to its March acquisition of MB Financial.
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How AI can advance the cause of fair lending
Policymakers should consider how new data computing can help ensure equal lending, not hinder it.
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UBS rebounds; Metro Bank looks to unload problem loans
Bank posts its best second quarter since 2010 after a disappointing Q1; Cerberus in talks to buy loans at the center of a major accounting error.
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Morgan Stanley and Box launch document sharing portal
The platform promotes communication between financial advisors and clients.
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Karen Mills and the case for open banking
The former head of the Small Business Administration and current Harvard professor says data sharing can be transformational for banks.
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NIBC deploys Torstone’s Inferno for post-trade operations
The implementation of the project began in January 2019.
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Blockchain ID management firm Trusted Key bought by Workday
Trusted Key will bring its blockchain-based, digital identity management technology to Workday.
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AT&T Fails to Win Dismissal in $24 Million Crypto SIM-Swap Lawsuit
Crypto investor Michael Terpin has won an early victory in his attempt to sue AT&T over a SIM-swapping hack that lost a claimed $24 million.