Online banking

Are banks prepared for employees to work off-site indefinitely?


Many will need to ramp up security protocols and reconsider which services require a high-tech versus human touch.


Brokered deposit law is woefully outdated


As more consumers do business online, some deposits are being unfairly categorized as brokered, inviting burdensome regulatory scrutiny.


Google teams with more banks in offering digital accounts


Five banks, including BBVA USA and BMO Harris Bank, and one credit union will begin offering Google-branded bank accounts in 2021.


Kabbage launches checking account for small businesses


The online lender has already branched out into facilitating payments and analyzing cash flow for small-business customers. Its new checking account is meant to round out those services.


CFPB’s (correct) decision to rescind payday limits comes at right time


Consumers now have more control over their own financial decisions and loan options.


With virus hastening online push, does Amazon-like future await banks?


Ezequiel Szafir, CEO of Banco Santander's digital-only Openbank, sees banks of the future looking increasingly like — with online storefronts for financial products.


Kabbage lets Uber drivers apply for PPP loans from their phones


The online lender quickly built an app for ride-share drivers with much of their information already filled in.


Goldman's mixed message; Fannie and Freddie have a tall order


COO says bank is on track to meet growth targets but expects more consumer lending losses; the mortgage agencies’ ability to raise $240 billion in capital before going private won’t be easy.


Digital banking is surging during the pandemic. Will it last?


Use of banks' mobile apps and websites has risen about a third since the coronavirus crisis began, according to J.D. Power.


Trading desks carry big banks; mad rush for relief funds


Wall Street trading arms benefited from first-quarter volatility, but it may not be enough to salvage future earnings; “unprecedented volume” of customers logging into their online bank accounts creates system overload at many banks.