Finance

The New York-based online lender plans to spend an additional $15 million next year, largely on bank partnerships and international expansion.

Cryptocurrency venture Bitfury raised $80 million from investors including the merchant bank founded by billionaire ex-Goldman Sachs Group Inc. partner Mike Novogratz.

American Express' VC wing is taking efforts to solidify its position in two sectors that are quickly maturing: APIs for small businesses and digital travel concierge services.

The decision by Citigroup’s board to name an independent director as its next chairman — and not elevate CEO Michael Corbat to the post — is seen as good governance, but it’s also a sign that the company’s recovery from the financial crisis remains a work in progress.

Retailers and restaurants have vigorously supported the ability to pay anywhere from any device, but that technology has not taken hold in more institutional businesses such as health care. It's not for lack of trying from developers.

The unique approach Fannie Mae and Freddie Mac are each taking with their credit-risk transfer products is quickly becoming a key point of differentiation that's rekindling competition between the government-sponsored enterprises.

Apple’s decision to stop disclosing its mobile device sales — along with reports that the company's newest iPhone didn't draw the huge crowds Apple is known for — signal that it may lose the clout that allowed it to collect fees for Apple Pay.

The Missouri company will pay $213 million for the largest bank in Los Alamos, N.M.

Jelena McWilliams has signaled a thaw in the agency’s approach to industrial loan companies, but she said tech firms and other nonbanks seeking charters should face the same level of regulatory scrutiny as more traditional banks.

The advocacy group argues that major core processors are not helping small banks keep pace with customers' technology demands.