The founder and CEO of Plinqit is one of American Banker's Innovators of the Year.

The head of commercial product and innovation at KeyBank is one of American Banker's Innovators of the Year.

The co-founder and CEO of Stratyfy is one of American Banker's 2024 Most Influential Women in Fintech.

The general counsel and chief legal officer of Plaid is one of American Banker's 2024 Most Influential Women in Fintech.

Publicly traded companies are showing signs of improvement, but it may take some time until venture capital funding for fintechs recovers.

Heightened regulatory scrutiny following Synapse Financial's bankruptcy will likely lead to stricter regulatory oversight of fintech-bank partnerships, potentially putting a damper on those collaborations in general, and Banking-as-a-Service offerings in particular.

Statewide Federal Credit Union in Flowood used its partnerships with Bankjoy and Strum Platforms to identify untapped communities in its field of membership and aggressively market its inaugural high-yield savings account.

BNY, the country's oldest bank, drops "Mellon" from its branding; Apple FCU announces plans to merge with NextMark Credit Union; Moelis probes incident after a video circulated online shows one of its senior bankers appearing to punch a woman; and more in this week's banking news roundup.

The Federal Reserve Board and the bank itself say the enforcement action is the result of a routine inspection, but it comes amid the fintech's complicated high-profile bankruptcy.

The fintech industry has introduced unprecedented new levels of competition in the financial services sector. The Consumer Financial Protection Bureau's new proposed rules would stifle it.