Venture funding fell in 2023 as investors took uncertain macroeconomic conditions into account and doubled down on due diligence.  Global...

Financial institutions are investing in digital and mobile banking offerings, closing out 2023 with an uptick in digital adoption.  This...

Expense management company and neobank Brex announced today it will lay off 282 employees, roughly 20% of its workforce.  The...

Bill Crager will step down as chief executive of wealth tech company Envestnet on March 31.  Crager served as CEO...

Huntington Bancshares Chief Technology and Operations Officer Paul Heller is set to retire March 1.  Heller has built the technology...

Fifth Third Bank expects to increase noninterest expenses slightly in 2024 as technology investment ticks up at the bank. Noninterest...

Ally Financial today agreed to sell its point-of-sale financing business along with its loan books to Synchrony Financial for an...

KeyBank prioritized its investment in technology during the fourth quarter as it looks to build the bank’s franchise to ensure...

Truist Financial is simplifying its operations through ongoing restructuring efforts, affecting headcount, footprint and innovation.   Costs associated with the restructuring...

Discover Financial Services invested in its integrated digital banking model, risk management, analytics and compliance initiatives in 2023 and expects...