GCB raises $93M to build digital tools for customers
Houston-based Gulf Capital Bank recently completed a capital raise of $93 million. With the funding, the bank plans to invest...
Retail Banking
With Credit Karma, Intuit to boost personalization
Intuit, the business and financial software company behind TurboTax, QuickBooks and Mint, plans to buy personal finance platform Credit Karma...
Fresh off new funding, LenderClose looks to double its team
LenderClose, a platform that consolidates data sets for loan underwriters, is using a new round of funding to more than...
RBC to launch retail bank for US customers
Royal Bank of Canada plans to launch a direct-to-consumer bank in the U.S. in hopes of reaching affluent consumers. “You'll...
Citizens looks to employees to evolve product roadmap
A “Shark Tank”-style pitch competition has been launched at Citizens Bank, allowing employees to compete for internal innovation fund dollars...
Fidelity spins off Akoya in latest data-sharing business shake-up
Fidelity spun off its data-aggregation business, Akoya, into its own company last week, giving financial institutions another tool to securely...
Brex’s Arthur Levy to speak at Bank Innovation Ignite
Arthur Levy, vice president of business development at Brex, is attending Bank Innovation Ignite in Seattle, which takes place from...
Fifth Third Bank taps Fundation to underwrite small businesses
Amidst the rise of nonbank lenders such as Kabbage, OnDeck, BlueVine and others, Fifth Third Bank is partnering with digital lender Fundation to speed up loan-approval processes for...
Earnest partners with adviser network to boost customer acquisition
Earnest, a student loan startup that was acquired by the student loan servicing company Navient in 2017, is turning to...
Envestnet executives mum on Yodlee sale, despite revenue pressure
The impact of Visa’s Plaid acquisition for $5.3 billion continues to fuel speculation about the future of data aggregator Yodlee,...
