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The addition of Bob Savino as chief product officer comes as BankMobile is poised to spin off from Customers Bancorp and merge with Flagship Community Bank.
January 24 -
Both proposals aim to establish institutions that would be modeled after Bank of North Dakota, the nation's only public bank.
January 24 -
Net interest income has surged thanks to rising rates, but noninterest income has lagged as trading revenue has weakened, refi demand has softened and fees from deposit service charges have barely budged. Is this the new normal?
January 24 -
Now that bitcoin's market spike has made the alternative currency a household name, it's linked to wild market swings, bubble-level valuations and onerous fees, with the most obvious fixes likely furthering bitcoin's problems rather than solving them.
January 24 -
Bank of America Merrill Lynch has launched an application programming interface (API) gateway available to third-party fintech providers, as part of preparations for Europe’s PSD2 regulations that went into effect this month.
January 24 -
Enterprise customers will be able to send payment data to the bank through an application programming interface, rather than as XML or Swift files.
January 24 -
The Las Vegas-based credit union returned $3.3 million to its members amid balloons, donuts, movie tickets and more.
January 24 -
Burned by a 2007 deal in Florida, Park National in Ohio had several years to reflect on lessons learned before agreeing to buy NewDominion Bank in Charlotte, N.C.
January 24 -
Executives point out while they are fixing the online lender's very public problems, loan originations are still in the billions and it has expanded into wealth management.
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