Disruptors

When BankMobile, the brainchild of Jay Sidhu and his daughter Luvleen, relaunches on a new platform in January, security — especially for the onboarding process — will be completely redesigned.

Cross River Bank, which processes payments and funds loans for fintech startups, says that if such firms got a federal charter, it could help them another way: teaching them compliance.

A preview of the next version of Moven's personal financial management app finds a new direction — helping people understand the trade-offs they make between short-term and long-term financial goals.

Whether banks view them as rivals or partners, fintech firms' rising influence is prompting banks to make a host of welcome changes, including heavy recruitment of young, tech-savvy professionals, according to heads of several major U.S. banks.

Refusing to let innovators experiment in a permissive environment keeps regulators in the dark, and ultimately, prevents progress in financial services.

Serial fintech entrepreneur Chris Larsen plans to take a breather. In January, Larsen will hand the reins and the CEO title at Ripple over to Brad Garlinghouse, who is currently the company's president and chief operating officer.

The investment bank will take "a very deliberate and methodical approach" to building its online lending platform, Chief Financial Officer Harvey Schwartz told investors Tuesday, implicitly drawing a contrast to once-highflying startups like Lending Club and Propser.

When retailers first started developing mobile wallet apps, they did so to fight back against Apple Pay and the banks. Today, they are working against a bigger threat: Amazon.com.

Goldman Sachs' newly launched consumer lending website is aimed at some of the very same customers that big banks and marketplace lenders covet, yet there are plenty of questions about its business plan, its ability to manage credit risk and the prospects of online lenders in general.

It's official: Goldman Sachs, the Wall Street investment banking titan, now offers consumer loans.

When eBay and PayPal purchased Braintree for $800 million in 2013, it was seen as an immediate fix for PayPal's troubled relationship with the developer community. Today, that transaction is showing a long-term benefit as well.

Thomas Depping, who quit banking out of frustration with regulators five years ago, says Warburg Pincus' deep pockets will help him make Ascentium Capital a household name among small-business borrowers.

Funding of startups will cool overall, but venture capitalists anticipate growth in new areas of financial services that are ripe for innovation, including wealth management, insurance and back-office operations.

Google is placing more emphasis on hardware and voice-controlled assistance, and its payment technology is coming along for the ride. Here's a look at Google's history in mobile payments—what worked, and what got cut over time.

Facebook officially launched Marketplace today to make it easier for its users to buy and sell stuff with others near them. But for the time being, Facebook is keeping the payments aspect of this project at arm's length.

Financial institutions must act on the "urgent and fundamental" need to transform the correspondent banking system, the consulting firm said in an annual report on global payments.

Subway is learning that to get people into its stores, its mobile app has to be every bit as compelling as its menu.

Mixed messaging on fin tech doesn't just emanate from the halls of Congress. It can also be found at the regulatory level as well.

As banks start giving work formerly done by humans to artificial intelligence programs, questions about legal and ethical implications arise. The time to impose values on, and set limits for, the technology is now.

Banks are playing a more active role in the next phase of fintech, both as investors and partners, says David Sica, partner at venture capital firm Nyca. That change is shaping how the firm looks at new investments.