PostsPosts

• 7/25/2019

Originally published as part of the "On the Economy Blog". This post is part of a blog series titled “Supervising Our Nation’s Financial Institutions."

This blog post is the fifth and final in a series about fintech and how it is affecting the banking industry. Last month, we looked at how digital, or mobile, wallets work. This month, we examine distributed ledger technology.

It has been a decade since the digital currency called Bitcoin was introduced. At the time, the concept of a virtual medium of exchange was largely unknown—and even frightening—to many in the general public.

Read More about Beyond Bitcoin: A Look at Distributed Ledger Technology (Blog)

• 6/25/2019

This blog post is the fourth in a series about fintech and how it is affecting the banking industry. Last month, we looked at technology-enabled lending, or marketplace lending. This month, we examine digital wallets.

New payment options made possible by financial technology are changing the way we transact with friends, family and businesses. Digital wallets—called mobile wallets when associated with a cell phone—allow purchases and money transfers without the physical use of cash, checks or credit/debit cards.

Read More about Fintech: How Digital Wallets Work (Blog)

• 5/23/2019

Originally published as part of the "On the Economy Blog". This post is part of a blog series titled “Supervising Our Nation’s Financial Institutions."

This blog post, written by Julie Stackhouse, executive vice president of the St. Louis Fed's Supervision division, is the third in a series about fintech and how it is affecting the banking industry. This post examines technology-enabled lending, also known as marketplace lending, and how it has branched far beyond its initial beginnings as person-to-person (P2P) lending.

Read More about Fintech: How Technology Is Changing Consumer and Small Business Lending (Blog)

• 4/29/2019

Originally published as part of the "On the Economy Blog". This post is part of a blog series titled “Supervising Our Nation’s Financial Institutions."

This blog post, written by Julie Stackhouse, executive vice president of the St. Louis Fed's Supervision division, is the second in a series about fintech and how it is affecting the banking industry. In this post, Stackhouse discusses how artificial intelligence, along with machine learning and natural language processing, are being increasingly used by banks and nonbanks.

Read More about Fintech: Understanding AI Use in Financial Services (Blog)

• 4/11/2019

Originally published in the Regional Economist.

By

 Andrew P. Meyer Thursday, April 11, 2019 Historically, the vast majority of credit unions expanding via acquisition have done so by buying other credit unions. In the last few years, however, there has been an increase in the incidence of credit unions buying banks. In this recent Regional Economist article, Andy Meyer, senior economist with the Supervision division's Community Bank Research and Outreach unit, explores if this is a growing trend. 

Read More about Why Are More Credit Unions Buying Community Banks? (Regional Economist)