Americas

Their challenge is creating a viable, profitable product that doesn't get flagged for being predatory.

An initial review determined that lax oversight at Enloe State Bank allowed for the origination of more than 100 allegedly fraudulent or fictitious loans.

The Kingston, N.Y.-based institution can now serve those who live and work in seven counties.

The Alabama-based institution has embraced recruiting younger workers as a way to introduce new lines of thinking across the organization.

TransferWise once marketed itself as Robin Hood-style rival to banks. Now it sees itself as an ally.

The once-acquisitive company is not interested in a "roll-up strategy" in Texas's biggest city, said CEO Phil Green. In a Q&A, he also explained why loan competition is intensifying and what's really keeping business customers up at night.

The Miami unit of Chile’s Banco de Credito e Inversiones is acquiring Executive National Bank. It bought Miami's TotalBank last year.

The direct threats to the Trump presidency and Boris Johnson's tenure as prime minister of the U.K. create an extra layer of uncertainty for fintechs.

Joel Slagan takes over for Carrie Wood, who resigned from the Pennsylvania-based institution.

A deal to join the Illinois- and Maine-based institutions was called off because of differences that came up during the due diligence process.