Stepping in after co-founder Mike Cagney's resignation, Anthony Noto needs to overhaul the firm's corporate culture, lay the groundwork for an IPO and determine whether to renew SoFi's pursuit of a bank charter.
Few fees, automated savings and social media engagement all reel in the 23- to 37-year-old set and present a competitive threat to big, traditional banks, according to CEO Chris Britt.
The online lender is integrating itself with several popular software programs to provide lending as a service. It’s an open-banking road map for skeptical banks.
Fears about regulators coming down on digital currency trading caused an epic crash in the market this week. But reining in this evolving asset class won't be easy.
The bank’s innovation unit hopes some of the students it takes in from 12 universities including Columbia, NYU and Texas will end up working at Citi someday or creating startups it can partner with.
Providing the default card in digital subscription services is one way banks can win back bill-pay business, save customers time and help them manage their data.
In a move rare for the industry, the bank bought a team of data scientists to bolster its artificial intelligence efforts in areas including product recommendations and fraud prevention.