College Ave Student Loans, an online lender in Wilmington, Del., announced Thursday that it has raised $20 million in equity financing.

Bank of America announced Thursday that it customers can now suspend their debit cards temporarily; it is the first of several new features the bank has planned for 2016 after it tripled its digital banking budget.

By selling its community banking products to Fiserv, ACI has signaled it is no longer interested is no longer interested in that space. Fiserv, meanwhile, is beefing up its small-institution offerings.

Unless banks devote the same amount of investment as standalone incubators, the innovation labs launched by financial institutions will be a short-term fad.

Moven, the digital-only "neobank," is partnering with online lenders as part of an effort to differentiate its services and become its users' go-to app for financial transactions of all sorts. Banks ought to pay close attention to this rebundling effort.

JPMorgan Chase customers will soon be able to withdraw cash using their mobile phones at the company’s ATMs.

Fintech is a chic topic at Davos, but it's barely a blip on the radar of analysts who lock in on hard numbers during earnings calls. Yet with tech taking a bigger role in financial services, mobile banking or the blockchain might soon become as topical as efficiency ratios or net interest margins.

PNC Financial Services Group in Pittsburgh has tapped Karen Larrimer to lead its retail banking division.

Calls with analysts to discuss the fourth-quarter results were dominated by questions about energy exposure, efficiency and the growing worry about when the next credit cycle may begin. Still, some banks managed to get in a few thoughts about how technology is reshaping their businesses.

There have been many reports of bitcoin's demise, but the fate of one currency doesn't eliminate the many use cases that virtual currency could still address in payments, according to Evan Duffield, a Phoenix-based developer and founder of the virtual currency Dash.