MoneyLion to use $160m funding to add savings, stock trading products
Personal finance app turned challenger bank MoneyLion, which has more than 5 million users, is seeking to lock in customers...
Retail Banking
Citizens boosts tech spend, attacking back office and point-of-sale lending
Citizens Bank is accelerating its tech investments to speed up migration to the cloud, as well as to support new...
TD Ameritrade launches in-car investment ‘experiences’ using voice, AI
With average commutes in the U.S. lasting around 27 minutes and with millions commuting for at least an hour per...
Capital One: Pressure from non-banks is hurting commercial lending
Capital One‘s commercial lending business is facing price pressure from a saturated market of lenders, including non-banks, that are pushing...
Bankers prepare for GDPR-type regulations to take hold in the US
The GDPR bogeyman is now preoccupying bankers in the U.S. The EU's General Data Protection Regulation (GDPR), which took effect...
Truist, the combined BB&T-SunTrust bank, looks to defend its turf
BB&T isn’t worried about losing market share during its pending merger with SunTrust Banks to form Truist Financial, nor is...
Varo files FDIC application, announces $100m Series C funding
Varo Money, the 4-year-old digital banking startup with 750,000 users and $600 million in deposits, has applied for a banking...
BofA: Zelle peer-to-peer transaction volume grows by 79%
Consumers who send money to family and friends are converting to digital peer-to-peer payments in droves, if Bank of America's...
JPMorgan Chase’s Dimon: Finn app was not a failure
JPMorgan Chase's now-defunct millennial-focused banking app, Finn, was not a failure, CEO Jamie Dimon said Tuesday during the bank’s second-quarter...
Goldman invests $28m in German savings and investments firm Raisin
Berlin-based savings and investment startup Raisin landed a $28 million investment from Goldman Sachs on Tuesday to fuel its expansion...
