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The company built a patch within 24 hours of being alerted to a vulnerability in messaging software used by many banks. Fiserv is looking into how this happened while addressing speculation about whether consumer data is still threatened.
August 31 -
Digital banks dispute the notion that they can skimp on customer service because millennials are only shopping for low fees and high savings rates.
August 28 -
The decision to adopt the name Axos Bank seems to put more distance between the company and its internet roots.
August 27 -
Thieves stole more than $13 million from an Indian bank just days after an FBI warning; Fed’s special oversight restrictions from 2015 lifted.
August 17 -
It bothered Jeannie Tarkenton, founder of Funding University, that too many kids from lower-income families didn't graduate because they lacked just a few thousand dollars and couldn't get a loan.
August 13 -
Private equity firms are making loans to midsize businesses and online banks are winning deposits by paying 2% interest; Goldman hires a veteran M&A banker.
August 13 -
The Massachusetts-based CU says membership growth has accelerated to 7.4 percent.
August 9 -
The online lender’s president, Steve Allocca, shares how the company weathered scandal and hints at future plans to grow its product set.
August 9 -
BofI has agreed to buy $3 billion of deposits from Nationwide Bank as part of the insurance giant's exit from retail banking. The deal comes three years after BofI bought H&R Block Bank's deposits.
August 3 -
Chief Design Officer Meriah Garrett provides a look at the bank's efforts to make mobile app and website design more user-friendly.
August 2