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The news may seem overdue, but this isn't a story of two Goliaths battling it out. It's a tale of one Goliath beating multiple Davids — slowly, methodically, and one at a time.

Timothy Mayopoulos is back in the mortgage industry, becoming the new president of the digital mortgage technology developer Blend, months after leaving his post as Fannie Mae’s CEO.

The low-cost deposits it gained in its purchase of 52 Wells Fargo branches, combined with higher interest rates, lifted Flagstar's net interest margin.

Large financial institutions need to adopt a new mindset to compete with tech startups, one that allows them to take risks and put aside legacy systems.

The company will pay $93 million for Kinderhook Bank, which has a concentration of branches around Albany.

Data scientists from NASA, Google and hundreds of other places are working for financial firms in their spare time. Is this a good idea?

The question for lawmakers is how to work together to make sure as many people as possible are able to take advantage of the opportunities provided by innovation, writes Brian Tate, president and CEO of the Innovative Payments Association.

Brian Knight at George Mason University says fintechs will be held accountable for legal violations in sandboxes — and banks can use sandboxes, too.

Most bigger banks aren't interested in buying out their smaller counterparts, but these institutions are of interest to credit unions looking to grow.

"I don't and I never would discount the European banks," Citigroup Chief Executive Officer Michael Corbat said in an interview at the World Economic Forum in Davos. "Don't overestimate the U.S. banks' position, and don't underestimate the European banks' position."