For years, the argument over Federal Reserve account access has largely centered on who gets in. The latest executive and regulatory moves suggest the next...
United Kingdom neobank Starling saw revenues and profits fall last year as interest income dropped. The lender released its annual report Thursday (May 21), which...
JPMorgan Chase’s CEO envisions a day where the bank hires more artificial intelligence experts than bankers. “I think it will reduce our jobs down the...
Financial infrastructure rarely becomes visible until it breaks. At Wednesday’s (May 20) House Financial Services Committee hearing on bank-FinTech partnerships, lawmakers, banking and FinTech executives...
Banking FinTech Mercury announced it raised $200 million in a funding round that valued the company at $5.2 billion. The company’s Series D round comes as Mercury...
Federal regulators are touting their efforts to ease rules governing community lenders. Most community banks, the Office of the Comptroller of the Currency (OCC) argued in its...
Standard Chartered is undertaking sweeping job cuts as it increases its focus on AI. The global bank announced a growth plan Tuesday (May 19) that included plans for...
Most banks build an app and ask customers to come to them. BBVA is trying something different. The Spanish banking group launched a conversational app...