Netflix to deposit $100M in Black-owned banks; OCC warns on compliance risks


The company seeks to help funnel more loans to minority businesses and consumers; the regulator says short-staffed banks are having trouble handling new government programs.


Netflix to shift $100 million into Black-run banks, credit unions


The online TV giant will start by moving $25 million to a fund that invests in minority-run financial institutions that serve low-income communities and depositing $10 million into Hope Credit Union in Jackson, Miss.


Amazon, Google forays into banking seen as threat by RBC's CEO


Royal Bank of Canada's Dave McKay told investors on Tuesday that he's increasingly worried about the so-called FANG companies — Facebook,, Netflix and Google parent Alphabet — getting into banking.


Rethinking bill pay when there isn’t a bill


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.