Ripple's bank creep, LendUp's new CEO, regulatory competition: Top stories of the week


One bank's push to use Ripple's XRP in cross-border payments; LendUp spins off credit card business, names new CEO; a worrisome resurgence of rivalry among the banking agencies; and more from this week's most-read stories.


Add BMO Harris to list of banks aligning with auto fintechs


The Chicago bank's new partnership with AutoGravity mirrors others struck this year by JPMorgan Chase and U.S. Bank with providers of mobile apps that bundle the car-buying and lending processes.


Startups' new approach to PFM: Sit back, let us handle it


The latest personal financial management tools provide a more passive approach for customers that analyzes patterns and suggest ways to fix issues.


Even in the cloud, banking is tied to legacy tech


Serverless computing has its proponents — Capital One and BBVA among them — but the service hasn’t yet proven it can fulfill general systems needs in banking.


Umpqua Bank names first head of innovation


Käthe Anchel is expected to help push Umpqua’s recent focus on what it calls the “human-digital” banking experience.


Where banks can boost transparency in payments


At this year’s Swift Business Forum in New York, executives said banks can build "more intelligent routing" to speed up payments and reduce the cost of processing and delivery.


Banks won't 'like' this offer from Facebook


Facebook is seeking customer data from big banks. Executives say it's not clear what the benefit would be, but the drawbacks are easy to tally.


Fintech vendors keep reinventing themselves, and banks struggle to keep up


Vendors keep merging, and new ones keep forming. For banks, the change brings access to more options, but shorter relationships.


App gap poses threat to community banks


Small banks are being warned to slow down mobile tool development and check vendor arrangements, as researchers repeatedly find vulnerabilities that can be exploited by cybercriminals.


Under new CEO, full speed ahead for Goldman's consumer push


The appointment of David Solomon, who will take over for retiring CEO Lloyd Blankfein, has not altered the bank's aggressive plan to build a mobile phone-based bank for consumers in the U.S. and beyond.