Truist unveils logo that emphasizes high-touch, high-tech focus
Truist logo
The regional bank, formed from the merger of BB&T and SunTrust, will begin marketing its new brand in conjunction with next month's Super Bowl.

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Wells Fargo loses another patent lawsuit to USAA
Wells Fargo branch
Wells was ordered to pay USAA $102.8 million for infringing on its mobile deposit patents. It follows a separate lawsuit loss in November also related to patents.

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'Extraordinarily inefficient': Scharf's blunt assessment of Wells Fargo
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The Charlie Scharf era began with the company's lowest quarterly net income in more than nine years. Culprits included falling revenue, rising salaries and yet more financial fallout from the bank's sales scandal.

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PNC learns the downside of paying cash bonuses to new customers
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CEO William Demchak said the bank has witnessed "a lot of mischief" among customers who open checking accounts to collect bonuses and then never use the accounts again.

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10 fintech forecasts for the '20s
A seasoned investor in startups offers his top predictions for the coming decade. Among them: Big tech firms will become big players in financial services.

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Inside Union Bank's development of a new core system
Pierre Habis, president of PurePoint Financial
The New York bank was burned by a core replacement project that failed in 2011. This time it's using its PurePoint unit as a test lab and co-developing the software.

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Visa's $5 billion Plaid deal takes a possible rival off the table
Al Kelly, chief executive officer of Visa.
In the battle to control consumer data, Visa has made a major score by agreeing to acquire Plaid, a technology company that it could have seen grow into a competitor.

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Can California's mini-CFPB pick up slack left by federal agency?
CFPB Director Richard Cordray
Former CFPB Director Richard Cordray and consumer advocates have designed a proposed state consumer agency that would subject more financial firms and fintechs to state oversight.

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What the Visa-Plaid merger means for banks, fintechs
A Visa credit card is arranged for a photograph with other credit cards.
Visa's deal to acquire the data aggregator Plaid is likely to have ripple effects throughout the industry, including reduced tension between banks and fintechs over data sharing.

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Regulators aren't only ones at odds over CRA reform
Representative Gregory Meeks, a Democrat from New York
As the regulatory agencies have struggled to reach a consensus, a proposal championed by Office of the Comptroller of the Currency has divided lawmakers and been assailed by community groups.

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