U.S. Bank hires its first chief digital officer
Derek White, an alumnus of BBVA and Barclays, will oversee digital innovation across all lines of business at the bank. ... Read full article
Derek White, an alumnus of BBVA and Barclays, will oversee digital innovation across all lines of business at the bank. ... Read full article
The New Jersey company agreed to buy BoeFly, which connects franchisors, small businesses, lenders and loan brokers. ... Read full article
JPMorgan Chase's banner quarter didn't stop executives from warning that the pause in rate hikes could crimp profits, or from hinting that the bank might downsize its mammoth mortgage operation. ... Read full article
Readers respond to this week's big-bank CEO hearing before the House, weigh the debate over Community Reinvestment Act reform, consider whether Wells Fargo needs a new brand and more. ... Read full article
The technology provider to financial advisers is partnering with Advisor Credit Exchange to help them connect their clients with banks and nonbanks for consumer and business loans. ... Read full article
Gateway Mortgage Group’s dream of being a national, diversified financial services player will hinge on its effort to turn a community bank into an online-only platform. ... Read full article
To generate revenue, SoLo Funds depends on consumers willing to front funds through its platform. ... Read full article
The Earnin app appears designed to look like other early wage access programs, but critics say it’s actually a payday lender and New York regulators have taken notice. ... Read full article
The loan origination fintech is offering the product in a stand-alone format and as part of the workflow for its mortgage and home equity loan products. ... Read full article
The executive is leaving after two years of coast-to-coast commuting; the interest rate on the loan declines as the borrower achieves technology goals. ... Read full article
Customers are starting to reveal more to private bankers when they use GoTo, the bank's strategy chief Rilla Delorier says. ... Read full article
Community and regional banks may not be able to outspend their larger rivals, but they can be more nimble in implementing the necessary culture change. ... Read full article
The internet giant's planned gaming service may create an omnichannel model for banks to emulate. ... Read full article
StreetShares will add to its line of financing products with a credit card specifically for small-business owners with a military background. ... Read full article
The system is designed to help banks deliver more personalized financial advice and is meant as a challenge to traditional bank technology vendors. ... Read full article
As banks push customers to digital channels, they are losing opportunities to help and connect with consumers, according to Rilla Delorier, an executive vice president at the Oregon bank. ... Read full article
Varo Money might become the first challenger bank to get a national bank charter. CEO and co-founder Colin Walsh explains why he wants Varo to become a bank. ... Read full article
AI-driven customer insights, mortgages and small-business loans are among the features in the app, which the bank is rolling out Monday. ... Read full article
Alongside identity-document scanning and other ID verification, the two companies are offering real-time checks of lists of suspicious persons. The goal: keep money launderers out of the banking system. ... Read full article
Susan Ehrlich, the fintech lender's new chief, discusses what she learned working at Amazon and Simple and how her firm is approaching consumer loans differently. ... Read full article