Monzo lands another £60m from new backers – FinTech Futures

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Monzo has landed £60 million in funding from a host of new...

Top 20 banks struggle with mobile account opening

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Not everyone can open a bank account on their phone just yet. According to recent data from the biometric technology...

International Trade Balance Widened in October | ABA Banking Journal

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The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $63.1 billion in October,...

LendUp overcharged military borrowers, CFPB says in lawsuit

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The Consumer Financial Protection Bureau has filed a lawsuit against the online lender LendUp for allegedly making loans to service members that exceeded a...

NAB poaches outgoing RBS exec Matheson as new COO – FinTech Futures

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National Australia Bank (NAB) has appointed former RBS chief executive, Les Matheson,...

Factory Orders Rise 1.0% in October | ABA Banking Journal

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New orders for manufactured goods in October, up sixth consecutive months, increased 1.0% to $480.8 billion, according to the U.S. Census Bureau. New orders for...

Treasury Department FCU gets field-of-membership expansion

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Treasury Department Federal Credit Union in Washington, D.C., could see its membership grow by as much as 72% after a recent extention of its...

Payment Systems Regulator names Ruth Wandhöfer as new chair – FinTech Futures

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The UK’s Payment Systems Regulator (PSR) has announced the appointment of Dr...

First Mid in Illinois discloses plan to close branches

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First Mid Bancshares in Mattoon, Ill., is the latest banking company to announce plans to close branches.The $4.5 billion-asset company said in a press...

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