Whether to approve the $8 billion deal will fall to the Fed, whose board may be reshaped by President Biden in the coming months. The White House recently called for more robust scrutiny of bank acquisitions.

The companies each recently rolled out new contactless checkout technology as they attempt to turn Amazon Prime and Square Cash into platforms that let consumers pay for goods, save money, take out loans at the point of sale and conduct other financial services all in one place.

JPMorgan Chase will launch a digital retail bank in the U.K. next week, the first step in the firm’s plans to expand its consumer business overseas.

As the need for easy-yet-secure mobile banking authentication escalates and consumers become used to logging in by looking into a camera, banks are taking the technology more seriously.

The myWalgreens app functions as a hub for the retailer's growing range of financial products. It's designed to encourage consumers to use their Walgreens card accounts for deposits and payments.

Monzo Bank is planning to launch a buy now/pay later service, entering the growing online market for short-term consumer loans, according to a person familiar with the matter.

The revenue that banks earn from these loyalty programs provides a substantial offset to potentially shrinking interchange fees.

The North Carolina bank says the new system, which took one year to implement, will make it easier to compete with challenger banks and customize digital banking services for doctors' offices, dental practices and other small businesses.

Join researcher Kerry Gross for insight into why some brands lead and others lag in delivering a humanized customer experience.

The creators hope CU Offers, which lists discounts at local and national businesses, will attract new members and strengthen ties with existing ones. But observers are skeptical that it will drive real growth or inspire frequent use.