The service will move customers’ uninvested cash from their Robinhood accounts into existing banks, which are already insured through the Federal Deposit Insurance Corp.

Futurist Lex Sokolin believes buying banking products will be like buying generic pain relievers on Amazon.

A combination of mutual and clashing interests has driven many players — credit unions, big banks, community banks and fintechs — to offer high-interest, digital-only savings and checking.

The Wisconsin company will have 15 branches in its home state on completing the acquisition.

The company has agreed to buy a portfolio of commercial loans from Santander Bank.

Credit unions now have until Nov. 30 to apply for Community Development Financial Institution certification.

Sunil Chandra's job will be to guide the fintech's international expansion. It says 12 banks are using its small-business lending platform, including three in the United States.

Community banks will likely face questions about mortgage lending, deposit gathering and M&A during earnings calls.

Susan French, head of product at BBVA Open Platform, discussed the bank's vetting of fintech partners and how it deals with the competitive threat that their products present.

On Jun. 30, 2019. Dollars in thousands.

Ziv Biron succeeded Uri Levin, who was named CEO of Discount Bank, IDB's Israeli parent company.

On Jun. 30, 2019. Dollars in thousands.

The decision is a blow to Facebook's digital currency plans; the reduction is the bank’s “most ambitious attempt to rein in costs in years."

A combination of mutual and clashing interests has driven many players — big banks, community banks, credit unions and fintechs — to offer high-interest, digital-only savings and checking.

Many community banks are launching digital banks, more aggressively courting younger customers and abandoning the idea that only primary banking relationships are worthwhile.

FDIC Chairman Jelena McWilliams reaches out to tech pros to bring fresh ideas to the agency.

Frustrated after being overlooked by mainstream financial institutions, organizers of the proposed Pagan Federal Credit Union are hoping to be chartered by the end of the year.

Readers react to a regulator's promise to reduce regulation that hinders innovation, Sen. Elizabeth Warren's plan to impose heavier taxes on lobbying groups, Freddie Mac's exploration into AI and more.

McCrady, the driving force behind the Pittsburgh bank's $500 million investment in early childhood education and development, is the Community Impact honoree selected as part of the Most Powerful Women program.

When she was growing up, Thasunda Duckett's family used crates as furniture and struggled to buy groceries. Now she's become one of JPMorgan Chase's most visible executives, using the lessons of her past to help guide the company's massive branch expansion.