The Rhode Island bank continues to build out a national consumer banking platform, while also reducing its exposure to higher-risk asset classes as the economic outlook darkens.

Sixteen bank members of the Alloy Labs Alliance have come up with a set of rules for banking as a service, and who is responsible for what.

The prepaid card and digital banking company promoted its chief financial and operating officer, George Gresham, to chief executive.

The main goal of Frsh is to help people protect their earnings from the fees of check-cashing facilities and predatory loans. 

WaFd Bank is benefiting from strong demand for real estate development loans, even in the face of rising interest rates. It's looking for ways to slow growth to maintain its capital levels, CEO Brent Beardall says.

The partners aim to lend $150 million in the next three years to sellers from "socially and economically distressed communities."

The claim that these arrangements are unregulated is inaccurate, and instead, more oversight would destroy the benefits of banks working with fintechs on consumer products.

JPMorgan Chase's U.K. digital lender has attracted 1 million customers in its first year of operation, making it one of the U.K.'s most popular neobanks.

A deluge of password resets in 2021 led the bank to rethink its digital banking authentication process.

Reports of the death of branch banking have been greatly exaggerated.