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Organizers of new banks want to cater to underbanked minorities, entrepreneurs, military veterans and other specialized groups.

In the same way a card skimmer steals credentials at an ATM, gas pump or point-of-sale terminal, the Magecart malware hides beneath the surface of a website with a digital skimmer to obtain card and personal information.

Seth Frotman, whose student lending unit had been gutted in May, said the bureau's current leadership "has abandoned its duty to fairly and robustly enforce the law.”

The Congressional Budget Office has found that restructuring the mortgage market would save the government billions of dollars but may increase the cost of housing.

Security researchers have raised alarms about the vulnerabilities of fax machines (yes, many banks are still using them) and printers. It is the kind of threat companies tend to overlook.

Bank7, which aims to raise $75 million, also has extensive dealings in the hospitality industry. The company has completed two acquisitions since 2011.

The advent of Faster Payments services plus Europe’s PSD2 have heightened concerns among banks about increased fraud risks. This has created opportunities for firms such as New York/Israel’s BioCatch and San Francisco’s BehavioSec, both of which develop technology around behavioral biometrics analysis.

Legislation allowing regular bill payments to count toward credit history would solve more problems than some critics fear it would create.

To compete with fintech startups, banks need to find more ways to use the mountains of data already at their disposal.

The decision to adopt the name Axos Bank seems to put more distance between the company and its internet roots.