The Dutch fintech company's hiring plans stand out amid a wave of tech industry layoffs as funding slows.

Fierce, which Rob Cornish launched Wednesday, offers a high-yield cash account and the ability to buy securities, including fractional shares.

The Federal Deposit Insurance Corp. has lowered the Utah bank's CRA score to "needs to improve," putting other banks that work with high-rate lenders on notice. 

Mike Cagney, the former chief executive of the lending giant SoFi, is searching for investors for his latest startup, Figure Technologies. The company, which builds financial products on a blockchain, is also seeking to spin off some product lines as it navigates a dramatic industry downturn.

Brandon Krieg, the former CEO of the investing and banking app provider, will head up a new unit that focuses on employers.

Fidelity National Information Services has so far eliminated 2,600 staffers as new Chief Executive Stephanie Ferris continues her strategic review of the financial-technology giant's business.

The current interest rate environment advantages banks over their fintech competitors. That can't be allowed to stifle invention.

As companies downsize and restructure, American Banker is tracking these decisions to help our readers understand how their industries are adapting.

The San Mateo, California-based online consumer lender has now laid off some 500 employees in recent months. The downsizing reflects broader challenges in the tech industry, but it also comes as Upstart struggles to get enough funding for its loans.

In this month's roundup of American Banker's favorite stories: Development of central bank digital currencies gains momentum, ongoing lawsuits against JPMorgan Chase and PNC address the banks' liability and more.

Russia's aggression has brought added motivation to the team at Fuelfinance, according to founder and CEO Alonya Mysko. 

The company reported its seventh consecutive quarter of record adjusted net revenue.

From BNY Mellon to the mutual fund giant Fidelity Investments, BlackRock and Nomura Holdings, members of the Wall Street establishment are planning for a future in digital assets.

JPMorgan Chase alleges in a lawsuit that the college-planning website Frank provided misleading information before the bank bought it. Experts say there were plenty of red flags from the beginning.

JPMorgan Chase has a head start when it comes to developing and deploying artificial intelligence in banking, according to a new study. 

The company will also slow investments in new products this year as it copes with economic uncertainty.

The challenger bank will run a co-marketing campaign with the Eastern Shawnee Tribe of Oklahoma when it launches this spring and share interchange revenue with the tribe.

COVID-19 accelerated the adoption of more digital options for helping members. Now more credit unions are hoping that artificial intelligence can help reduce stress on frontline staff.

Thieves are getting more organized and aggressive in how they steal from shelves to fund bigger schemes. Emerging checkout systems that track shoppers can deter some of this activity, but not enough to address the full scope of the risk.

Alongside the merger, Orrick is launching a unit focused on regulatory advice.