Technology
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.
-
The Chicago-based institution partnered with MANTL to streamline how credit unions onboard new customers in multiple channels.
January 6 -
Nadine Chakar will take the helm at Securrency from current CEO Dan Doney, who will become chief technology officer.
January 5
-
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 -
The rate of venture funding to startups run by women continues to decline.
January 3 -
Truist CIO Ken Meyer and other bank leaders are seeing the chance to hire engineers, developers and data scientists.
December 30 -
Digital banking apps such as Daylight, Greenlight and Re:start are helping their customers do more than stash paychecks and save for the future.
December 29 -
Federal agencies' complaints against FTX's leaders have led to scrutiny of the banks it worked with. While it's unlikely the bankers will be held accountable for the cryptocurrency exchange's wrongdoing, the case could make it more difficult any bank that wants to work with crypto-related businesses.
December 28 -
The U.S. should look abroad for innovative solutions to the problem of assessing the creditworthiness of borrowers with little formal credit history.
December 26
