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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 -
AWS's recent tech summit, with strobe lights and throbbing sound system may have felt more like a music festival than a conference, but one thing was clear: the symbiotic relationship between the online juggernaut and financial services runs deep.
July 27 -
Yet margin improvement proved to be the decisive factor in a strong quarter in which total lending was flat.
July 20 -
Executives at the recent In|Vest conference discussed ways to make banks more competitive in the world of financial advice.
July 15 -
The challenge in automating cross-selling to customers online is figuring out how to integrate with the core banking platform.
July 11 -
A new survey from J.D. Power shows that customers of digital-only banks, such as Capital One 360 and Ally Bank, are less satisfied with their banks' mobile channels than they were a year ago. Declining satisfaction among younger consumers is driving that trend.
June 28 -
Banks and startups compete for the same clients, as customers want one source for online checking and investment accounts.
June 12 -
The internet-only bank plans to offer businesses a way to quickly open accounts online.
June 12 -
First Internet Bancorp in Fishers, Ind., which went public in 2013, could also use the capital for acquisitions and other investments.
June 7 -
At American Banker’s Digital Banking conference in Austin, industry leaders wrestled with philosophical questions about artificial intelligence and the rapidly evolving expectations of customers.
June 6 -
Fill a room with bankers and you'll hear a wide range of views on technology's role in their business.
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