Melinda Lucy (formerly Huspen) covers financial technology for American Banker and is based in New York, NY. Previously, she was a business reporting intern with Digital Insurance via the Dow Jones News Fund. She is a graduate of Fordham University with a major in communications/journalism and a minor in business.
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The wealth management firm received its conditional approval from the OCC as it seeks to manage custody of digital asset investments for its clients.
1h ago -
The company, formerly known as LendingClub, moved from NYSE to Nasdaq as it officially launched its new name as a full-fledged digital bank.
11h ago -
The international bank software company divested the remainder of its bank core software after selling off its Phoenix core system earlier this month.
June 24 -
Kasisto developed one of the first conversational AI chatbots for banks, and the deal brings its technology to Backbase's new AI-based bank operating system.
June 23 -
A collaboration between the bank and Edward Jones was honored as American Banker's top 2026 Innovation of the Year at the Digital Banking Conference.
June 16 -
The fintech's recently installed U.S. CEO said at American Banker's Digital Banking conference that Revolut's goal is to become "the first truly global bank."
June 16 -
The digital banking fintech expects to reach profitability this year as it recovers from a post-2021 valuation drop with three consecutive years of growth.
June 15 -
The blockchain fintech acquired the real estate lender through a joint venture to tokenize housing loans and test its new AI-powered onboarding agent.
June 11 -
The digital bank released a treasury management system for its business users powered by a robo-adviser.
June 10 -
Capital Community Bank is preparing to launch its fintech-focused rebrand by the end of this month.
June 9 -
The corporate finance fintech now has a $44 billion valuation and is building out an AI token spend management offering for its 7,000-plus enterprise customers.
June 5 -
The bank tech provider sold off its U.S. mid-market banking business, including a core used by hundreds of U.S. banks, to a branch of Constellation Software.
June 4 -
The agency is in discussions with the rent-rewards fintech regarding how it handled a card changeover after Wells Fargo ended its partner bank contract early.
June 4 -
Joseph Sanberg was handed a 168-month prison sentence for two counts of wire fraud after the celebrity-backed ecofintech collapsed last year.
June 2 -
Fintechs grew four times faster than incumbent banks to generate 4% of last year's total global financial services revenue.
June 1 -
The global card network is working with cross-border fintechs like PingPong to help business customers use Visa to pay suppliers who don't accept credit cards.
May 29 -
The digital bank made its SoFiUSD stablecoin available to all members on Wednesday and plans to launch tokenized deposits in the near future.
May 28 -
The crypto exchange, which closed its original direct deposit service in late 2024, has brought it back for users to set up automated digital asset investing.
May 26 -
The business banking fintech, which recently received conditional approval for a de novo bank charter, now has a $5.2 billion valuation.
May 21 -
The White House issued an executive order Tuesday requesting that the Federal Reserve review access to payment accounts for fintechs and digital asset firms.
May 20
