Fintechs that jump ship to more stable sponsor banks need to prove they have a solid business and take compliance seriously.

The Virginia bank is one of three that have been publicly admonished by regulators this week due to problems related to their banking-as-a-service programs.

The San Francisco technology company is partnering with Onramp Invest to offer registered investment experts tools for facilitating larger digital asset transactions.

The criminal hacking gang LockBit said it was behind a ransomware attack that shut down some of the operations of EquiLend, a financial technology firm that processes trillions of dollars of securities-lending transactions every month.  

The digital financial services firm announced layoffs Tuesday, with the goal of keeping the company steady until conditions improve for its business users.

Inter&Co, a financial superapp provider based in Brazil, has bought the naming rights of a major U.S. stadium.

The new service will allow financial institutions to streamline the process for moving accounts and verifying income.

Ukraine is the latest of more than a dozen countries where the fintech is partnering with credit bureaus to help immigrants make a fresh start in their new homes.

The digital-only bank is among the first to offer such a feature, which can make a bank and its checking account stickier. 

American Express has built platforms to help smaller brands quickly bring credit cards to market and for B2B software companies to embed virtual cards.

The software company's latest product, a private debt marketplace, is designed to connect startups with trusted, pre-vetted lenders.

Fintech founders and leaders and those who help them can qualify for this second annual award program.

The fintech made deceptive claims and charged "surprise" fees, according to the Federal Trade Commission.

Reading Cooperative Bank and Queensborough National Bank and Trust are among those that see value in being close to fintech startups.

Since first partnering with the digital banking software firm Q2 in 2019, Hoosier Hills Credit Union in Bedford has seen significant growth in new account openings and deposit balances due to stronger payroll processing capabilities.

Eugene Ludwig, former Comptroller of the Currency and current co-founder of Canapi Ventures, a fintech VC, reflects on how 2023 treated fintechs, how far the fintech movement has come and what banks and their regulators need to look out for in 2024.

A new law will make Colorado a much more difficult place for cash-strapped citizens to get credit. Other states should avoid following in its footsteps.

The fintech revolution has been more successful at working with banks than at trying to replace them, points out Gene Ludwig, former Comptroller of the Currency, chair of the Ludwig Institute for Shared Economic Prosperity, and co-founder of Canapi Ventures. Those with "must have" products will fare far better in 2024 than those with "nice to have" tools, he says.

Frank, Daylight, Greenwood, Totem and Brigit faced lawsuits, disputes and penalties.

Making it easier for consumers to switch between competing banks will increase competition, resulting in major benefits for account holders.