Bank technology

Digit, which launched as an automated savings app in 2015, has decided chatbots are a flawed interface. Now it’s redesigning its popular app to reflect its new vision.

Large banks have begun sharing their adjusted gender pay gap ratios — how much women are paid versus men for similar jobs. The trouble is, they don’t have similar jobs.

The nation’s two largest banks don't want the credit risk associated with the transactions.

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.

The bank tweeted that website and mobile app service were restored after an outage that lasted much of the day.

Digital alerts for clients aren't new, but they can still provide small banks a platform to reach new markets and appeal to younger clients.

Plans by IDT and MercuryFX to test XRP for cross-border payments are another vote of confidence for Ripple’s products.

The addition of Bob Savino as chief product officer comes as BankMobile is poised to spin off from Customers Bancorp and merge with Flagship Community Bank.

Enterprise customers will be able to send payment data to the bank through an application programming interface, rather than as XML or Swift files.

Executives point out while they are fixing the online lender's very public problems, loan originations are still in the billions and it has expanded into wealth management.

SoFi's experience shows that the most prominent names in fintech, while generating massive financial support, still operate in a very volatile world.