Disruptors

Will it be a bigfoot from Amazon, Google and Apple, or death by a thousand bites from niche rivals? Or can banks rally and fend off the insurgents?

The advocacy group argues that major core processors are not helping small banks keep pace with customers' technology demands.

Azlo, Bento, Bank Novo and other neobanks argue they are better at helping small businesses, giving them extra attention, technology and advice.

The challenger bank is “rebundling” banking, offering more pieces of traditional financial services for a flat monthly fee.

Käthe Anchel is expected to help push Umpqua’s recent focus on what it calls the “human-digital” banking experience.

The San Francisco challenger bank is adding 150,000 customers per month and plans to expand its financial product offerings.

Several other recent hires may have been an attempt to refute charges it can’t attract top talent; rising rates have helped banks, but a reckoning awaits.

It should come as no surprise that Meera Clark would gravitate to ventures like Morgan Stanley's Multicultural Innovation Lab, which pairs venture capital with founders from diverse backgrounds. After all, her mother, Ranjana Clark, is a disruptive trailblazer of her own at MUFG.

Facial recognition technology and a person-to-person payments app are just two innovations that have sprung from a workplace that fosters creative thinking and welcomes ideas from across the organization.

The bank seeks to answer the threat posed by disruptors with quick online loans and a card that rewards small businesses for more kinds of spending.