Will Hernandez

Donald Wetzel, the man who devised the first U.S. cash dispenser, says automated tellers will always exist — even as they evolve beyond their initial purpose.

Charging customers $40 for a $10 overdraft “makes no mathematical sense,” Chime CEO Chris Britt says in a critique of traditional banks.

NorthOne's U.S. launch joins other app providers hoping to attract entrepreneurs and freelancers with features such as real-time insights into cash flow.

AvidXchange is expanding its outreach to lenders with its purchase of BankTEL, which currently does business with 20% of U.S. banks.

The Independent Community Bankers of America provided seed funding for Teslar Software, which supplies community banks with a platform to manage data from different internal systems.

Bond Financial Technologies' platform is designed for community and regional banks seeking fintech expertise.

Its latest feature makes it one of several mobile-only challenger banks in the U.S. that charge no overdraft fees of any kind.

Blooma has developed a software product that combs databases to create property profiles for commercial real estate lenders. It can drastically cut origination costs and approval times and help banks identify safer loans, the company says.

As major U.S. cities continue to implement contactless tap-and-go acceptance to collect transit fares, at least one bank sees this trend as an opportunity to put its cards on center stage.

The LendingClubs and SoFis of the world have a big head start, but HSBC's U.S. unit says its partnership with the fintech Avant will help it close the gap in online personal loans.