Investments

Some institutions have benefited from revitalization in the Motor City but just as consumers fled for the suburbs decades ago, most CUs in the area are headquartered outside the city itself.

The system is designed to help banks deliver more personalized financial advice and is meant as a challenge to traditional bank technology vendors.

A new feature from the microinvesting app Stash allows users to accumulate free stock in the companies where they spend money.

Alex Sanchez acknowledges that the U.S. has a lot of banks and many failed in the crisis, but he says a healthy economy needs a fresh supply of community lenders to nurture entrepreneurs.

Disclosure requirements are changing all the time. Failure to stay on top of this can lead to fines or worse.

Credit union clients of CMS will be able to make securities transactions without commissions.

The rewards card offered by the fintech Stash will let users accumulate stock of companies at which they frequently shop. The company said Tuesday that it has raised $65 million from investors and will offer the card in partnership with Green Dot.

Banks once again are finding themselves in the political crosshairs over customers they finance, but this time it’s community activists, not the government, leading the charge.

Several megabanks have sued the National Credit Union Administration claiming breach of settlement in a previous case related to mortgage-backed securities, but trends may favor the agency.

Fincross, based on the island of Mauritius, is launching a regulated investment bank for digital assets. It faces tough competition.