Coronavirus put Truist's innovation plans on fast track


The company, the product of a big merger shortly before the outbreak, had to build portals on the fly, help many customers shift to mobile and accomplish in days tasks that once took months, its digital chief says.


The API race, CFPB vs. Citizens, Varo's bank charter: Top stories of the week


Wells Fargo appears to be outpacing its rivals in the API race; CFPB's unexpected showdown with Citizens; Varo gets vital FDIC OK for bank charter; and more from this week's most-read stories.


Wells Fargo escalates the API race


When it comes to customers using application programming interfaces, the bank appears to be outpacing its rivals.


Europe’s new API rules lay groundwork for regulating open banking


Banks in the U.S. should take note of these requirements before opening their systems to third-party developers.


What the Visa-Plaid merger means for banks, fintechs


Visa's deal to acquire the data aggregator Plaid is likely to have ripple effects throughout the industry, including less fintech-tech tension over sharing data.


Visa's $5 billion Plaid deal takes a possible rival off the table


In the battle to control consumer data, Visa has made a major score by agreeing to acquire Plaid, a technology company that it could have seen grow into a competitor.


How tech — and free publicity — helped this small bank double its deposits


Quontic Bank is offering high-interest, digital-only savings like others, but it says its secret sauce is homegrown technology that optimizes deposit prices. Financial bloggers have taken notice.


The rise of the invisible bank


Digital banking will become less visible because it will be embedded in other daily activities with the help of AI, voice interfaces and other emerging technologies.


JPMorgan Chase moves to block fintechs from screen scraping


The bank is leaning on its direct API relationships with the major data aggregators rather than letting third parties ask customers for usernames and passwords to access account information.


It's time to go all-in on open banking


Still trying to figure out whether to build gateways to your bank's data and systems? Here’s why you should transition.