LSB’s McCrary: Speed, not fund access, challenges banks now
Despite market strains caused by the novel coronavirus, providing funds for communities shouldn’t be a major issue for banks, according...
Umpqua’s Go-To sees usage spike as customers avoid branches
Portland-based Umpqua Bank, which has almost $29 billion in assets, is seeing a significant spike in volume on its Go-To...
SMB banking startups face new challenges as clients struggle
As the novel coronavirus forces social distancing and shelter-in-place mandates, many small businesses are being bled dry as they close...
Brex: Market volatility not ‘doomsday’ for tech funding
Brex, a corporate card and financial product startup that has raised $315 million in equity and reached a reported valuation...
As branches close, mobile video chat spikes
As customers practice social distancing and financial institutions close branches, banks and credit unions are increasingly helping consumers via video...
Digital-only financial institutions avoid leveraging pandemic fears
The novel coronavirus may be closing bank branches nationwide, but some digital-only financial institutions are trying not to exploit consumer...
Chase to temporarily close 20% of branches due to pandemic
JPMorgan Chase told its employees today it will be closing about 20% of its branches starting tomorrow. A Chase spokesperson...
Former PayPal, Intuit CEO launches banking platform for middle-class families
One, a digital banking platform targeting middle-class families, launched its private beta today and announced a $17 million Series A...
Startups seeing increased digital engagement during coronavirus crisis
As the novel coronavirus continues to keep consumers inside their homes, startups that offer digital-only products are experiencing a wave...
Banks around the country respond to coronavirus
As the novel coronavirus continues to spread, rattling the economy, banks are reevaluating their business propositions to clients. WaFd, formerly...
