Technology
Technology
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Community banks and credit unions have pooled their resources and ideas to develop a bilingual challenger bank, banking-as-a-service playbook, cheaper alternative to Zelle and other innovations.
January 13 -
The fintech is also relying more heavily on its bank charter as rising interest rates make selling loans to investors more challenging.
January 13 -
Online lenders say they are helping people who can't get loans elsewhere, at least without paying high overdraft, NSF or rollover fees at banks or payday lenders.
January 12 -
Matthew Quale was formerly the president of Bask Bank, a standalone digital brand under Texas Capital Bancshares.
January 11 -
In a recent survey, financial institutions named artificial intelligence their top priority for investments against increasingly sophisticated fraud.
January 11 -
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The San Francisco bank is concentrating its efforts in Denver, Los Angeles and San Francisco.
January 10 -
Challenger banks and apps such as Zeta, Onward and Nerve are helping people manage complex financial relationships beyond simple joint accounts.
January 10 -
The New York City firm will wrap up its relationships with four institutional crypto-asset clients this year.
January 9 -
Big banks are aiming to bring their existing technologists up to speed with cloud certification and other modern architecture training.
January 9 -
Smaller credit unions' focus on interest rates and service may not be enough to overcome a lack of tech resources. All categories below $1 billion of assets lost members in the third quarter compared to a year earlier, despite a 4.4% rise in membership industrywide.
January 9 -
The plaintiffs allege that the banks did not catch obvious red flags or implement proper safeguards such as requiring two employees to approve each transaction.
January 6 -
The Chicago-based institution partnered with MANTL to streamline how credit unions onboard new customers in multiple channels.
January 6 -
About half of small businesses nationwide are now classified as financially unhealthy: They have difficulty paying bills on time, inadequate cash reserves or insufficient insurance. Eytan Bensoussan, founder and CEO of NorthOne, a neobank for small businesses, shares his thoughts on how banks and fintechs can help these customers survive.
January 5 -
Nadine Chakar will take the helm at Securrency from current CEO Dan Doney, who will become chief technology officer.
January 5 -
The fintech says its users took out 70 million cash advances in 2022, and many grew their paychecks along the way.
January 5 -
JPMorgan Chase Bank NA will have to face a lawsuit by a unit of the French maker of Ray-Ban glasses that claims the bank ignored suspicious transactions as cybercriminals drained $272 million from its New York bank account.
January 5 -
The Virginia bank, which engages in banking-as-a-service partnerships with fintech companies, has run into trouble with the OCC in 2021 and 2022.
January 4 -
Minority depository institutions have limited budgets and staff to upgrade their technology. Some are turning to secondment programs and like-minded fintechs to tackle these problems.
January 4 -
A new app for people with a criminal past and a challenger bank "of immigrants for immigrants" are among the neobanks forging their own path in the banking world.
January 4




















