Charles Scharf Gets New CEO Gig | Comptroller Seeks CFPB Arbitration Delay | Urban FT CEO on iParse Buy

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Millennial Banking

For Millennials, It’s Hip To Have A Traditional Bank

Think the younger, tech-savvy Millennial is all about digital only banks? Think again, a new study confirms our own research that in addition to banking bits and bytes wending their way across devices, treading the floorboards of a bank branch has its own allure among the younger set, too. And traditional banks are the institutions they trust with their money.

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Artificial Intelligence

Online Lending’s New “Colossus”

Machine learning untethers online lenders from the credit decisioning processes of old and helps weed out potential risks — before they become a problem. Headway Capital chief, Haijian Hu, whose business deals largely with sub-prime credit, tells PYMNTS how AI, machine learning and a decisioning engine called Colossus helped change their online lending game.
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Alt-Lending

Renaud Laplanche's Second Act

After a rather high-profile departure from Lending Club — the start-up that made him a household-ish name — Renaud Laplanche is back and gaining ground with a new online lending start-up. Who says there are no second acts in FinTech? We have the details.

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Urban FT Acquires iParse To Bridge The Mobile Banking Gap

When it comes to mobile banking, there’s often a massive gap between big bank experience and what smaller regional operators and credit unions can offer. Urban FT — with its just-announced acquisition of iParse — thinks it can bridge that gap. CEO Richard Steggall tells Karen Webster why — and how they hope to make it happen.

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