Digital banking
Digital banking
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Sens. Elizabeth Warren, D-Mass., and Doug Jones, D-Ala., cited research that found algorithmic lending can lead to higher interest rates for minority borrowers.
June 12 -
The investment firm is launching a company called Akoya that it says will help ease the technical aspects of data sharing, as well as disputes and liability issues, for banks, fintechs and data aggregators.
June 11 -
Jeremy Balkin, head of innovation at HSBC Bank USA, shares how the bank is investing in retail innovation, including a $350 million core system.
June 11 -
Alkami Technology said it would use its latest round of funding to expand its white-label services for small banks and credit unions.
June 10 -
The digital bank is a whole new line of business for Goldman, meaning there's no risk that it is cannibalizing from the main institution, said Omer Ismail, the head of the bank's U.S. consumer business.
June 10 -
Enloe State Bank in Texas becomes the first bank to fail in 17 months; BB&T dangles promise of bonus payments to top executives if they stay; where JPMorgan Chase’s Finn experiment went wrong; and more from this week’s most-read stories.
June 7 -
The bank launched Finn in an effort to attract millennials. But there were problems with how it implemented the digital-only brand, experts said.
June 6 -
Boston-based Trio is openly offering its cash management account as capital at risk, offering big incentives if consumers agree to sign up for an uninsured account.
June 6 -
With big banks investing heavily in IT, credit unions will have to be nimble and streamlined if they hope to compete.
June 6 -
A year after launching the digital bank, JPMorgan Chase has concluded that the millennials it targeted don't need a separate brand.
June 6