Fintechs that simply offer cosmetic upgrades to the cumbersome American banking system won't survive.

A new registry aims to make it easier for credit unions to set up voice banking capabilities, but it remains to be see if consumer demand is there for this service.

With more players joining the lending industry, it's becoming a more crowded space, and business owners weighing their options are a bit overwhelmed, says Luke Intuit's Luke Voiles.

Mission Lane, which was spun off from LendUp in December, said Monday that Shane Holdaway took the helm in August after roughly a year serving as CEO of Barclays' U.S. consumer bank. The upstart lender also announced that it has raised $200 million in equity funding.

Hackers go in for the kill when challenger banks and others launch retail products. So the companies are forced to step up their defenses — fast.

The West Virginia company, which invests heavily in fintech firms, bought Chartwell Compliance in Maryland.

A federal judge blocked state regulators from suing the agency over its new charter, but it’s still unclear whether fintechs would even apply.

Hawaii State FCU has a dedicated branch for testing new products. It's a format that other institutions could follow.

The online lender’s name will go on a glitzy new stadium scheduled to open next year in Inglewood, Calif. The big question is whether the 20-year deal will contribute to profitability, which SoFi has yet to achieve on a consistent basis.

The bank's innovation arm is developing a mobile-only account for gig-economy workers, and a real estate service to help companies analyze the long-term viability of properties.

Readers react to the Trump administration's release of a housing finance reform plan, a proposal by HUD to redefine "disparate impact" and a challenger bank's claims that it can end bank fees for good.

The most widely referenced interest rate benchmark will cease to function after 2021, and the financial system is still coming to grips with that complicated reality.

Changes in consumer behavior patterns will force banks to reassess the information they use to attract customers.

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

A new kind of institution wants to make the interest rate the Federal Reserve pays to its member institutions more widely available, but that could have big implications for monetary policy.

The bank helped raise $25 million for the fintech because of its potential to bring banks and nonbanks together in a virtual marketplace.

Goldman Sachs Group Inc. is making another bet on a Latin American financial-technology startup, providing a secured credit facility of as much as $100 million to Mexico’s Konfio Ltd.

Although those fintech companies whose primary service is the provision of faster payments may face a future threat for the proposed FedNow Service, fintech companies may also benefit from the availability of a Fed-led real-time payments network, Jeffrey Alberts and Dustin Nofziger of Pryor Cashman write.

Readers strongly react to whether the CFPB should have a say on bank mergers and if tribal areas should have special CRA credit, debate whether banks are embracing enough technology and more.

The company sees increasing consumer demand for cryptocurrency, especially in Asia, and gradual acceptance among financial institutions.