Technology

Trust is probably the most critical attribute of any organization that deals with a person's financial well-being. However, trust is easily lost.

With only two weeks left in his role as CEO at American Express, Kenneth Chenault is already on to a new challenge as he becomes the first black executive to become a member of the Facebook board of directors.

A group of big financial institutions wants to use the blockchain to make it easier and less costly to track home mortgages packaged into securities.

The bank’s innovation unit hopes some of the students it takes in from 12 universities including Columbia, NYU and Texas will end up working at Citi someday or creating startups it can partner with.

U2 lead singer Bono is among the latest to support the ambitious mobile-only fintech startup, which applied for a national bank charter in July.

A new alliance between CUNA and the Association for Financial Technologies is intended to ensure CUs are as competitive as possible when it comes to technology and support services.

Bank says most of the benefits from tax reform will be used for dividends and buybacks; Michael Loughlin will stay on until his replacement is named later this year.

OnPlan serves the education and health care industries, and under Flywire its services will be available for the first time outside the U.S.

The anxiety that a crook is using a lost or stolen card can be a powerful lure to mobile technology, Citigroup has learned.

The idea that all of the money in cryptocurrencies has already been made misses the point. Innovative and sustainable ideas will emerge from the market frenzy, writes Dentacoin's Mariam Nishanian.