Bank technology

Fintech challenger banks like Simple, Moven, Varo and Chime have faced separate headwinds in recent years. Here's how they’re taking up the charge again.

Fintechs attending Consensus 2018, the annual cryptocurrency event, said they found promise for a market still trying to find a path to unified operations and wider acceptance within financial services.

"It was a difficult decision, but we’re at a good spot to do this,” Finch, 55, said in an interview.

There's no reason that today's millennial-friendly microinvesting apps can't switch focus from spare change to real assets, industry executives warn.

Bank executives embrace the idea of artificial intelligence and say it will create jobs, while analysts say it will reduce jobs. Employees are anxious about AI but willing to try to work with it. All agree AI is already making an impact.