Technology

Brandon Krieg, the former CEO of the investing and banking app provider, will head up a new unit that focuses on employers.

Fidelity National Information Services has so far eliminated 2,600 staffers as new Chief Executive Stephanie Ferris continues her strategic review of the financial-technology giant's business.

The Federal Deposit Insurance Corp.'s Office of Inspector General found a number of weaknesses in the agency's cyber risk examination program.

While most distributed denial-of-service attacks against U.S. banks and credit unions result in little to no disruption, they can chip away at reputations if left unchecked.

The current interest rate environment advantages banks over their fintech competitors. That can't be allowed to stifle invention.

As companies downsize and restructure, American Banker is tracking these decisions to help our readers understand how their industries are adapting.

The San Mateo, California-based online consumer lender has now laid off some 500 employees in recent months. The downsizing reflects broader challenges in the tech industry, but it also comes as Upstart struggles to get enough funding for its loans.

In this month's roundup of American Banker's favorite stories: Development of central bank digital currencies gains momentum, ongoing lawsuits against JPMorgan Chase and PNC address the banks' liability and more.

Russia's aggression has brought added motivation to the team at Fuelfinance, according to founder and CEO Alonya Mysko. 

The company reported its seventh consecutive quarter of record adjusted net revenue.