Online banking

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

08/10/20

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

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Brokered deposit law is woefully outdated

08/07/20

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

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Google teams with more banks in offering digital accounts

08/03/20

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

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Kabbage launches checking account for small businesses

07/22/20

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.

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

07/08/20

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

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

06/26/20

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

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Kabbage lets Uber drivers apply for PPP loans from their phones

06/16/20

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

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

05/28/20

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.

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

04/27/20

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

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Trading desks carry big banks; mad rush for relief funds

04/16/20

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.

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