The Latest

Numerated Growth Technologies has a platform that lets banks make lending decisions in as little as five minutes. The spinoff will be run by Dan O'Malley, Eastern's former chief digital officer.

As financial institutions look closer at the increasingly detailed consumer credit data available, they are learning consumers are more apt to pay off personal loans before mortgages, auto loans and credit cards.

Royal Bank of Canada is applying blockchain technology to its loyalty program, in an effort to make its rewards more tangible and accessible.

Authorities are said to be investigating whether market makers — including three U.S. banks — suppressed prices to get higher yields on the bonds.

Dakotas group elects new leadership, Altura promotes new chiefs and other new hires, promotions and appointments.

In an extensive interview, Philadelphia Fed President Patrick Harker talks about the challenges facing community banks, the biggest threat to the financial system and the possibility of interest rate hikes later this year.

Treasury Secretary Steven Mnuchin is expected to face tough questions on the OCC, Glass-Steagall and housing finance reform when he testifies on Thursday.

Steve Allocca is expected to play a key role in the online lender’s efforts to restart loan growth.

Bank of America is giving its "erica" chatbot more time to learn the nuances of language and banking basics. A profanity filter is one recent addition.

American Express Co. is the latest to add voice controls for card services via the Amazon Alexa digital assistant.