Fintech

John Ciulla, one year in as CEO of Webster Financial, discusses how he is preparing for the next downturn, picking his spots in tech spending, and remaining cautious about M&A.

A man entered a SunTrust branch in Sebring, Fla., and shot and killed five women, four of whom were bank employees; 24 million mortgage documents exposed in data security lapse; the battle for deposits is like "a steel-cage" match; and more from this week's most-read stories.

Few investors will have heard of Earthport Plc. But the company has just become the target in a bidding war between Mastercard Inc. and Visa Inc.

Florida’s Tropicana Field has eliminated cash from all concessions, ticket sales and parking, requiring Tampa Bay’s baseball fans to pay with credit, debit or gift cards at terminals that are also equipped with NFC for mobile and contactless payments.

Discover leaned heavily on rewards to drive new card acquisitions and sales growth in the fourth quarter, but suffered a double whammy of rising reward costs and higher charge-offs, causing it to miss analyst earnings expectations.

Proposals that would have financial firms monitor or refuse to finance certain firearms purchases are misguided, putting the onus on unelected corporations.

Delinquencies, which are on the rise across financial services, clouded an otherwise solid quarter for Discover Financial Services.

Spring Labs is spearheading a group of prominent fintech lenders to use a blockchain-based, peer-to-peer network to share consumer information to help with ID verification on loan applications.

Samsung’s been pushing for government support for its blockchain and cryptocurrency technology for much of the past year, and early Galaxy S10 leaks suggest a built-in crypto wallet will be among the handset's planned features.

The bank-led P2P network Zelle saw its strongest quarterly growth during the fourth quarter of 2018, as payment volume rose nearly 60 percent to $119 billion for the year. But large banks such as Bank of America are seemingly driving the lion’s share of its volume.