Technology

Ordonez will leave her chief innovation officer job at Webster Bank.

The company, which interprets foreign credit bureau data, is opening its first outpost outside of the U.S.

Using compromised identities, fraudsters could simply skip security questions to obtain credit files loaded with sensitive information.

Neobanks and online lenders are expected to address credit concerns, product development and balance sheet resilience in upcoming reports.

Interacting with ChatGPT is like hanging out with the best-informed, brainiest acquaintance you've ever had. Surprisingly, it's that characteristic that makes it a boon to the banking industry.

The fintech is also relying more heavily on its bank charter as rising interest rates make selling loans to investors more challenging.

Online lenders say they are helping people who can't get loans elsewhere, at least without paying high overdraft, NSF or rollover fees at banks or payday lenders.

Lenders are getting creative as to what to do with the mining machines they accepted as collateral for the some $4 billion in rig-backed loans they underwrote when the rally in bitcoin seemed unstoppable.

In a recent survey, financial institutions named artificial intelligence their top priority for investments against increasingly sophisticated fraud.

Challenger banks and apps such as Zeta, Onward and Nerve are helping people manage complex financial relationships beyond simple joint accounts.