CFPB Warnings of Bias in AI Could Spook Lenders
(American Banker / LendItFintech) - Rohit Chopra, the director of the Consumer Financial Protection Bureau, has cautioned banks, credit unions and fintechs about fair-lending violation
Recent
UBS Re-enters Digital Wealth With $1.4bn Wealthfront Takeover
Four years after the investment bank sold off UK robo-advisor Smart Wealth, Swiss investment banking giant UBS is back in the digital wealth sector.
PayPal Changed the World. Now the World is Changing PayPal.
PayPal’s business has expanded to include payments for wide range of goods/services. Bad news: wider economy has a big impact on its business.
When Robo Advisers Struggle to Scale
While automated client service now plays a key role for many advisory firms, investors need a human adviser, especially when markets are volatile.
JPMorgan Executives Ousted in a $200 Million Probe Land New Jobs
Wall Streeters shuddered as news broke last year that U.S. regulators were examining bank employees using personal phones to text about business.
The Distribution Game Has New Rules
Transformation Is Already Here” taking a look at increased adoption of new technologies is shaking up how asset managers distribute their products.
Amazon Web Services Outage Borks the Internet Again
AWS outage marks service's third disruption this month. A frustrating reminder when a single company controls a massive amount of tech infrastructure.
