BankMobile, a digital banking startup for millennials and the underbanked, is being sold by parent Customers Bank to Florida-based Flagship Community Bank for $175 million in cash.
US fintech startup Current has raised $3.6 million as it prepares to roll out an app and card-based allowance management service for parents and their kids.
Engineers at app-only bank Monzo are back on the fire-fighting front line for the second time in a week as they grapple to fix issues relating to incorrect payment displays with the startup's mobile app.
State Street has placed a bronze statue of a daring young girl staring down Wall Street's iconic raging bull to celebrate International Women's Day.
Core banking vendor Misys is embedding a gamification engine from Australia's Moroku directly into its FusionBanking Essence Digital platform, providing banks with a means to inject some fun into personal financial management (PFM) and help consumers achieve their savings goals.
Acadian Asset Management is set to start using a Microsoft prediction engine which draws on data from social media and Web searches to guide investment decisions.
Royal Bank of Canada customers can now use Apple's Siri assistant to send Interac money transfers with simple voice commands.