Breach isn't pulling Capital One off its cloud course

Executives continue to cite the "all-in" mantra after the bank saw millions of customers' data exposed this year.

By Dan Ennis • Sept. 11, 2019

Stripe rolls out credit card for corporate clients

The launch comes just a week after the company announced it would offer lending through Stripe Capital.

By Anna Hrushka • Sept. 11, 2019

Explore the Trendline➔

Fintech disruption in the banking industry

There are as many schools of thought on how to disrupt the banking space as there are disruptors.

By Banking Dive staff

JPMorgan Chase's WePay launches same-day deposits

The free service gives Chase an edge on fintech competitors such as Stripe and Square, which both charge fees for faster processing.

By Anna Hrushka • Sept. 10, 2019

National Climate Bank could mobilize $1T, report finds

A national bank that finances clean energy tech and infrastructure could generate up to $1 trillion over 30 years with just $35 billion of federal funds.

By Jason Plautz • Sept. 9, 2019

Fintech startup Stripe launches lending arm

The company joins a burgeoning marketplace. Nearly one-third of loan applicants turned to online lenders last year, a Federal Reserve study says.

By Dan Ennis • Sept. 6, 2019

PNC launches on Ripple’s cross-border payments network

While Ripple already has a global portfolio of banks using the RippleNet network, the launch with PNC Bank marks a significant milestone for the cryptocurrency company.

By Anna Hrushka • Sept. 3, 2019

U.S. Bank launches Spanish-language option on revamped app

50% of the bank's customers now use mobile banking, compared with 44% during the same period last year, per its second-quarter earnings report.

By Anna Hrushka • Aug. 30, 2019

4 in 5 Americans have smartphones; why are less than half on mobile pay?

Consumers aren't the only slow adapters in the U.S. About 36% of retailers said they accept mobile wallet payments, according to a JPMorgan study.

By Dan Ennis • Aug. 30, 2019

Even Libra's most famous backer occasionally goes nameless

A Libra Association executive is urging partners to publicly acknowledge their ties to the project, but some may be taking a wait-and-see approach amid a flurry of government and regulator interest.

By Dan Ennis • Aug. 29, 2019

6 questions with Trustar Bank CEO Shaza Andersen

Executive launched the Great Falls, Virginia-based community bank in July, after selling WashingtonFirst Bank to Sandy Spring Bank.

By Anna Hrushka • Aug. 29, 2019

Binance launches lending business with limited high-yield perk

The exchange may use the launch to diversify its business, broaden its customer base and boost its token's slumping value.

By Dan Ennis • Aug. 28, 2019

Varo to let some banking customers go $50 into the red

Customers must make at least five debit card purchases a month and set up direct deposits of $1,000 a month. 

By Dan Ennis • Aug. 27, 2019

'Systemically important' cloud firms lack oversight, lawmakers say

A disruption to Amazon Web Services, Microsoft Azure or Google Cloud could paralyze a significant portion of several banks' business and perhaps be a national security threat, lawmakers wrote.

By Dan Ennis • Aug. 26, 2019

Advocates seek 'unified voice' from regulators on small-dollar loans

U.S. consumers borrow nearly $90 billion every year in loans between $300 and $5,000, the Office of the Comptroller of the Currency said. But few banks are moving into that market.

By Anna Hrushka • Aug. 23, 2019

JPMorgan to shutter stand-alone Chase Pay app

The platform will still be available through merchants' websites and apps, but the reversal illustrates the bank's pattern of quickly scrapping its initiatives.

By Dan Ennis • Aug. 22, 2019

Technology, reach make hot bargain chips in torrid banking M&A season

Smaller banks are finding it hard to keep up with tech costs. Larger banks want to expand their reach. That makes for a booming merger market.

By Del Dobbs • Aug. 22, 2019

HSBC hires flash mobs to hype tap-and-go tech

The bank is using New York's new cardless subway network to boost awareness that all of its cards are contactless. Other banks are moving quickly to adapt.

By Dan Ennis • Aug. 21, 2019

Apple rolls out Goldman-backed card as Mastercard touts security

Customers can opt for a tokenized version of the card that won't display a 16-digit number on the front, making for a safer user experience, a Mastercard executive said.

By Dan Ennis • Updated Aug. 22, 2019

Bank of America files patent application for crypto wallet with tiered security

The system would boost security, the bank said, by letting customers use one password to access one tier of assets, and other passwords for further levels.

By Dan Ennis • Aug. 20, 2019

Cloud security burden falls on customer, Amazon exec says

Only customers have a true sense of "what they intended with resources under their control," Amazon Web Services' chief information security officer said after a senator asked about the company's role in Capital One's data breach.

By Samantha Schwartz • Aug. 20, 2019

Crypto exchange Binance to launch Libra-like currency

CEO Changpeng Zhou tweeted Monday that his exchange is not seeking to dominate Facebook's Libra with the Venus project. "Always happy to co-exist," he wrote.

By Dan Ennis • Aug. 19, 2019

Capital One buys robo-adviser United Income

The acquisition comes a year after Capital One took a 10% stake in the wealth management platform.

By Anna Hrushka • Aug. 19, 2019

Bias from AI lending models raises questions of culpability, regulation

The number of data points used in AI lending models — and a lack of diversity among people creating them — raise red flags.

By Dan Ennis and Tim Cook • Aug. 16, 2019

Mortgage industry discovers path to back-office automation

Can mortgage processes get any easier? See how some leaders are transforming their back-office.

Aug. 15, 2019

Capital One's hacker breached more than 30 organizations, prosecutors say

The servers found in Paige Thompson's bedroom held data from the bank and other entities, though the data is not personally identifiable information.

By Samantha Schwartz • Aug. 15, 2019