Mark Schwanhausser says a bank could use its digital interaction with customers to encourage them to build a rainy day fund, and when that is done, think about investing. Chase Finn and Wells Fargo’s Greenhouse provide ways, virtual envelopes, to create savings goals such as a vacation or a house.

When banks and tech vendors talk about marketing, they rarely mention comparison sites. Which is odd when you look at the numbers. Credit Karma claims 85 million members in the U.S. and Canada and almost half of all millennials. NerdWallet has three million members and 100 million visitors a year. There are many others, including MagnifyMoney and Bankrate.

We don’t issue buy or sell ratings on companies, but if we did, conventional equity ratings wouldn't suffice to describe just how and why we think Facebook is the most overvalued stock since eToys.

There’s often M&A among the smaller fintechs, but sometimes giants want to get together, too. Big news broke this week that entrenched financial technology vendor Fiserv is purchasing e-commerce payments powerhouse First Data in a $22-billion, all-stock deal.

There’s often M&A among the smaller fintechs, but sometimes giants want to get together, too. Big news broke this week that entrenched financial technology vendor Fiserv is purchasing e-commerce payments powerhouse First Data in a $22-billion, all-stock deal.

The idea of fintechs becoming full-service banks is one that’s been long debated, and it’s come to the forefront since the Office of the Comptroller of the Currency last year began taking applications for a national bank charter from fintech companies. Since that time, there has been much debate on the nature of the charter or whether it’s even necessary. But comments this week from the Federal Reserve may scupper the dreams of fintechs becoming banks.