Bank technology

The few U.S. banks embracing data sharing say the industry is moving toward the standard.

Regulatory scrutiny of Tether and Bitfinex is spooking investors, though others argue the industry remains strong.

Bankers would like to take advantage of digital marketing tools that target customers similar to their own, but there are persistent fears that doing so could make financial institutions run afoul of regulatory restraints.

The tool runs the numbers and tells small-business people if they would qualify for an SBA loan, and if not, what they need to do to become eligible.

As it secures new funding and creates a joint venture in Japan, Moven says it is close to becoming a full-fledged U.S. “challenger” by purchasing a traditional bank.

The cloud-based vendor was formerly a division of Live Oak Bank.

The pioneering brand re-enters a market where fintechs now account for over 30% of personal loan originations.

The online lender to small businesses is expanding its business deeper into traditional banks’ territory with larger loans.

AriseBank said it was the first crypto platform to buy a traditional bank. But there’s no evidence it did anything of the kind — and its founder now says it has been raided by the FBI.

The Japanese cryptocurrency exchange Coincheck says roughly $400 million of the digital currency NEM was stolen. If banks and others are to invest in the digital-asset industry, it will have to do better.