In Subtle Shift, Facebook Now Wants to Be the Conduit Between Bank and Customer
Facebook, in a shift that has evolved slowly over time, now sees itself as a channel between traditional financial institutions...
Capital One to Be Fully on Public Cloud by End of 2020
Capital One Financial plans to complete the exit from its data centers and to go fully into the public cloud...
Fintechs Face Difficult Regulatory Realities on Charters
WASHINGTON, D.C. — Fintechs are having trouble facing reality when it comes to obtaining bank charters, FDIC Chairman Jelena McWilliams...
Mnuchin Prefers Private Over Government Solutions to Data Collection, Use
WASHINGTON, D.C. — U.S. Secretary of the Treasury Steven Mnuchin said today that he prefers private over government solutions when...
Traditional FIs See Fintechs as ‘Significant Threat’ by 2022, Study Says
Nearly 80% of traditional financial institutions feel little or no threat from fintechs today, but 65% believe fintechs will be...
Adoption of Chatbots on the Rise, But Where to Next?
Adoption of chatbots is on the rise. So are questions about how they can do more. Bank of America reported...
Millennials Represent Nearly 3 of 5 New 1Q Account Openings at Ally
The Detroit, Mich.-based online-only bank, Ally Financial, had 120,000 new deposit customers in the first quarter on 2019, CEO Jeff...
Schack: Expanded BMO Harris Innovation Program Casts Wider Net for Ideas
BMO Harris Bank is expanding the scope of its in-house accelerator from a local to a national program. The Chicago-based...
Citizens Access Adds $1.6 Billion in Deposits in Q1
Citizens Access, the digital-only arm of Citizens Financial Group, has attracted $4.6 billion in deposits through the first quarter of...
Mobile-First Checking Account T-Mobile Money Goes Nationwide
T-Mobile Money, a mobile-first checking account, has launched nationwide, the telecom giant announced today. The company touts the app as...
