Some institutions say the combination of chatbots and social media could entice new borrowers, but burdensome legacy systems may limit their effectiveness.

The company will nearly double the amount of marine loans on its books after buying a division from People's United.

The challenge for other fintechs will be to find banks that are as compatible as Radius Bank, an online-only lender, is for LendingClub.

The Western Michigan city has been a hotbed of credit union activity given its low unemployment rate.

The game has changed and bank executives will have to do more homework before striking a deal.

Clearer standards make it easier for shareholders to boost their stakes in banks without having to file for bank holding company status.

The bank still plans to open branches on the West Coast even as it trims its overall U.S. footprint by 30%.

The deal for Boston-based Radius would be the first in history in which an online lender buys a mainstream bank.

Consumer advocates and policymakers are railing against use of the technology by government, universities and others. Banks using it for authentication need to tread cautiously, experts say.

Alexander most recently headed up mortgage lending and before that co-led the integration of Key's acquisition of First Niagara. He replaces Dennis Devine, who recently left the company.