In the new open banking world, banks are no longer just service providers but platform enablers that offer everything from payment processing to account verification through application programming interfaces.

Coastal Financial's Coastal Community Bank arm will instead serve as Dave's sponsor bank, including for its ExtraCash product.

The cloud-based digital banking provider signed an agreement to purchase the fintech for $400 million; the deal is expected to close by March 31.

Leslie Wims Morris, JPMorgan's former chief of corporate development, testified that she trusted Javice "100%" on her claim that the company had millions of users.

The company, whose software tests AI-based lending models for bias and fairness, is receiving $10 million.

As KeyBank grows its fintech partnership strategy, Treasury Prime is bringing KeyBank's products into its network of banks and fintechs.

The fintech, which works with and competes with banks, will now let business users book travel and manage expenses in one place.

The Consumer Financial Protection Bureau and SoLo Funds, a small-loan fintech, mutually dismissed a case regarding loan cost disclosures and state licensing.

The state legislature has passed a bill that would remove exceptions to a 12% interest rate cap that would make many alternative forms of lending infeasible. It sits on the governor's desk, awaiting signature.

The payments company, which is unifying parts of its operation to deepen its reach with consumers and businesses, saw its stock fall more than 10% after reporting mixed earnings, though analysts are more bullish on the company's future.