RBC to launch retail bank for US customers
Royal Bank of Canada plans to launch a direct-to-consumer bank in the U.S. in hopes of reaching affluent consumers. “You'll...
Banking
Citizens looks to employees to evolve product roadmap
A “Shark Tank”-style pitch competition has been launched at Citizens Bank, allowing employees to compete for internal innovation fund dollars...
Fidelity spins off Akoya in latest data-sharing business shake-up
Fidelity spun off its data-aggregation business, Akoya, into its own company last week, giving financial institutions another tool to securely...
Brex’s Arthur Levy to speak at Bank Innovation Ignite
Arthur Levy, vice president of business development at Brex, is attending Bank Innovation Ignite in Seattle, which takes place from...
Earnest partners with adviser network to boost customer acquisition
Earnest, a student loan startup that was acquired by the student loan servicing company Navient in 2017, is turning to...
Envestnet executives mum on Yodlee sale, despite revenue pressure
The impact of Visa’s Plaid acquisition for $5.3 billion continues to fuel speculation about the future of data aggregator Yodlee,...
E*Trade brings DNA of diversity to Morgan Stanley
E*Trade Financial Corp. sits at the intersection of two of the world’s most persistent boys’ clubs: Wall Street and Silicon Valley....
Intuit nears deal to buy Credit Karma for $7B: WSJ
Intuit Inc. is close to buying Credit Karma Inc. for about $7 billion in cash and stock deal, the Wall...
Weekly Wrap: Banner week for fintech acquisitions
Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, Feb. 21, 2020. In this...
With CardWorks, Ally gains tools to broaden customer reach
On Tuesday, Ally Financial announced plans to acquire CardWorks, a non-prime card and consumer finance lender, for $2.65 billion, a...
