The fintech Chime plans to cut 10% of its workforce, or about 150 employees, to take advantage of artificial intelligence efficiencies and innovate using smaller teams. “The world is changing quickly ...

Andrea Gacki, the director of the Financial Crimes Enforcement Network since 2023, will become global head of sanctions at the New York City-based lender.

An Idaho-based teller embezzled $8,000 from First Interstate’s cash recycler, the central bank said. A Florida-based Regions relationship banker allegedly withdrew roughly $203,000 from a customer ...

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Midwest regional Associated Bank appointed Brianna Elsass as chief digital officer, the bank said Monday. Elsass joins Associated after a decade at BMO, where she held multiple digital servicing ...

The bank issued a report last month on progress related to the $265 billion it had committed to invest as part of its bid to ...

After acquiring a small Longview, Washington lender, a former Stripe employee has added bank charter capabilities to his fintech Increase, aiming to be a “regulated banking partner” for fellow fintech ...

The Los Angeles lender repositioned securities into shorter-duration, higher-yielding products. It also launched the sale of ...

Down Range Capital Opportunity Fund is urging the board of $2.3 billion-asset Cashmere Valley Bank to find a buyer, saying its value “can only be unlocked” through a sale. Cashmere Valley’s board ...

Dan Allred previously spent 20-plus years climbing the ranks at Silicon Valley Bank, eventually as a senior market manager on its national fintech team.

FirstBank veteran Christian Winward was named PNC’s next chief information security officer Monday, roughly seven months after the Pittsburgh-based lender closed on its $4.1 billion acquisition of ...

Rent fintech Flex has applied with the Federal Deposit Insurance Corp. and Utah Department of Financial Institutions to become an industrial bank, the company announced Friday. “A bank charter allows ...