Plus: New faces at Merchants Mortgage, and First Republic expands wealth management division

Promontory MortgagePath has decided to shut its doors to new business due to difficult market conditions

The banking industry has bought into the negative narrative that, in order to survive, traditional banks need to replicate the experience offered by fintechs

According to Sam Yen, most residences today state that the reason they still have a checkbook is to simply pay the rent

America’s gross domestic product rose 2.6% in the third quarter

The payments company is running a pilot project with blockchain group Paxos

Finastra and Larky have agreed to a partnership in order to provide enhanced mobile banking solutions for its customers

The markets have spiked from Friday through Tuesday

New research indicates significant rapid growth in the BaaS sector as new entrants and partnerships continue to be announced

Several new research papers have set out the expected growth of online, digital and other alternative payment methods