News Topic: Online banking

Customers reported being unable to access online banking, mobile banking or their debit cards. ... Read full article

Chime, a financial technology startup that offers online banking services, is close to raising $300 million at a $1.5 billion valuation, according to two people familiar with the matter. ... Read full article

Gatsby, which has built an app to let novice investors buy puts or calls, has received funding from Barclays, Radius Bank and others. Radius is considering offering the service to its customers. ... Read full article

Small businesses short on cash can use advances from Fundbox to buy products from online suppliers. ... Read full article

Timothy Mayopoulos is back in the mortgage industry, becoming the new president of the digital mortgage technology developer Blend, months after leaving his post as Fannie Mae’s CEO. ... Read full article

The online student lender said it is reallocating some jobs and "sunsetting" others. ... Read full article

PNC chief Bill Demchak says he's pretty sure the U.S. isn’t heading into recession, but asset quality is so strong that the regional bank is giving itself a wide berth in forecasting its loan-loss provision in case of the unexpected. ... Read full article

The U.S. online lender provides credit lines of up to $150,000 to small businesses that shop at Alibaba.com. ... Read full article

As consumers continue to migrate to banking apps, lenders may be tempted to focus solely on improving that channel. But new data suggests consumers aren't abandoning other platforms just yet. ... Read full article

Santander taps JPMorgan Chase exec Colleen Canny to lead retail network; can Trump actually fire Fed's Powell?; will 2019 bring long-awaited reform of Fannie Mae, Freddie Mac?; and more from the past two week's most-read stories. ... Read full article

Bank technologists see the potential for AI in lending, money laundering detection, fraud and other areas. Regulators and bank executives insist on “explainability.” ... Read full article

Among the most innovative CEOs of his generation, the former Umpqua chief and Pivotus founder is taking some of his best ideas to a new fintech as an adviser. ... Read full article

The idea that deposit brokers are trying to game the deposit insurance system and could contribute to another crisis is outdated. ... Read full article

In a world where most financial matters can be handled with a few taps on an app, debt collection appears stuck in the last century. ... Read full article

Date, now a venture capitalist, worked with the lending software company's CEO, Dan O'Malley, at Capital One in the 2000s. ... Read full article

Minorities are still charged more for mortgages when all other applicable credit factors are equal — both in-person and online, according to a new study by the University of California, Berkeley. ... Read full article

Neobanks create lots of buzz — and command the attention of venture capital firms — but there are questions about how big of a threat they pose. ... Read full article

The new ad illustrates how banks are going beyond traditional promotions to try and find something that customers will share on their own. ... Read full article