Bank technology

The $3 billion sale of Financial Engines to Edelman Financial Services puts every investment adviser on notice that the future is in digital wealth management. More deals like it are expected.

As a new crypto lender, Nexo, launches Monday, the fintechs that lend money to people based on the digital currency they own say they're doing well even when cryptocurrency values plummet.

Many banks talk about the need to replace legacy core systems, but relatively few go through with it. The CEO of Mechanics Cooperative Bank in Massachusetts explains the case he made to his board that the promise outweighed the risk.

Using Orchard’s data science smarts, Kabbage intends to offer new payment products to small businesses and loan portfolio insights to financial institution partners.

Alice Milligan, its chief digital client experience officer, said the company dedicated itself to delivering what customers really want and that more features are on the way.

Banking apps now rank just after weather and social media in usage, according to Alice Milligan, chief digital client experience officer at Citi's U.S. Consumer Bank.

PayPal and Barclays have formed a strategic partnership enabling Barclays customers in the U.K. and U.S. to manage their Barclays and PayPal accounts within each app.

Nymbus is offering its bank clients a service to create a digital brand under their existing charter in as little as 90 days.

Banks using Zelle share the good, the bad and the indifferent of the person-to-person payment network.

In a survey, bankers conceded they may not be doing enough to avoid the mistakes social media giants made in the use of unverified data.