CEO Jeffrey Brown spent much of the firm's quarterly earnings call Tuesday responding to the demands of shareholders who are unhappy with Ally's weak stock price.

Goldman Sachs Group Inc. and IBM are the latest firms to invest in Digital Asset Holdings, the startup led by former JPMorgan Chase & Co. banker Blythe Masters that aims to adapt blockchain technology to financial markets.

The largest institutions moved to the top of J.D. Power's rankings, thanks largely to the popularity of their digital offerings and high scores among young adults.

Bank of America has nearly three dozen patents pending related to blockchains. More banks are expected to seek patents as the technology associated with cryptocurrencies creeps closer to widespread use.

Bank of America is preparing to submit 20 blockchain-related patents any day now to the U.S. Patent and Trademark Office, CNBC reported last week, citing a company spokesperson.

OnDeck Capital, an online small-business lender in New York, has added a former E-Trade Financial executive to its board, as another director plans to leave.

On the surface, traditional bankers and third-party disruptors may not always have the same approaches in mind, but the gap between their goals and how to go about it is increasingly getting smaller.

Bank of America is preparing to submit 20 blockchain-related patents any day now to the U.S. Patent and Trademark Office, CNBC reported this week, citing a company spokesperson.

Federal and state banking regulators are still struggling with how to come to grips with banks whose clients are heavily involved in digital currencies like bitcoin — and that may be curbing interest from many in the financial industry.

The potential for more convergence between financial products and physical products raises a whole host of data and privacy issues that banks must deal with proactively.