The bank worked with TravelBank, a fintech, to offer virtual cards and an app that automatically generates expense reports.

The bank worked with TravelBank, a fintech, to offer virtual cards and an app that automatically generates expense reports.

The North Carolina bank deployed Finxact's new technology, which runs on Amazon Web Services, to make Paycheck Protection Program loans and will use it next to offer business savings accounts and CDs.

Lenders should be subjected to tough reviews of their readiness for economic threats posed by severe weather, required to disclose risks lurking in their portfolios and perhaps forced to set aside extra capital, a government study recently recommended.

The company will shutter a fifth of its locations, while reinvesting some of the savings in its digital banking platform.

A collaboration between the two industries to help voters cast absentee ballots has been approved to continue through the general election.

The competition has leading-edge technology, but consumers may be looking for more than just bells and whistles when choosing where to do their banking.

The San Diego bank first considered finding a buyer two years ago and had offers in early 2019. The price of the deal it finally reached in the throes of the pandemic was much lower than some earlier offers.

Small and midsize banks would pay for access to the Monit app and offer it to small-business clients as an add-on service.

Second-quarter figures from the credit union regulator paint a grim picture for many states across a variety of key earnings metrics.

More than 160 institutions will use the money to help members weather the coronavirus by offering new products and providing help with loan payments.

Congress should pass legislation that would allow Home Loan banks to backstop deposits by local governments at commercial banks and lower the cost of bond financing, two mayors argue.

Several companies said this week they’re slashing expenses as the economy limps along. Others would prefer to keep investing in new technologies and hold off on moves like branch closings to better gauge which changes in consumer behavior will stick.

The agency finally detailed how it may implement congressional requirements to collect information on credit to small businesses. Lenders below certain asset thresholds and that make few business loans could be off the hook.

A survey conducted by Harris Poll and commissioned by Plaid found that 60% of U.S. adults are using more apps to manage money since the onset of the pandemic.

JPMorgan Chase added a half dozen executives, including Thasunda Brown Duckett, to its operating committee in the biggest expansion of its top leadership group in years.

Banks are augmenting their use of masks, distance markers and the like with apps to notify employees of exposure to infected individuals and technology meant to make branch visits safer.

The $282 million-asset institution's new name is intended to build on its work with underserved communities around St. Louis.

“What COVID has done for us is it has showed us where to prioritize investments,” William Demchak said at an industry conference in discussing the Pittsburgh company's plans to speed up the shift to digital banking.

The company joins a growing list of banks shuttering locations as customers flock to digital channels.