Technology

The federal Project Fortress initiative provides defensive tools for banks. Community banking groups and regulators' associations say small banks in particular need the free and accessible help.

The cybersecurity company promised more rigorous tests for software updates after a widespread IT outage last month.

But the business unit of Intercontinental Exchange lost money on an operating basis for the eighth time in the last nine quarters.

A fintech leader says his blockchain tech could help stakeholders buying and selling loans gain trust in one another.

The lender denied its software uses artificial intelligence in fighting a 'digital redlining' case.

Michigan-based University Bancorp is paying $30 million for a 50.5% stake in a business Voxtur acquired for $101 million in 2022.

Four conceptual applications were chosen that address pain points in single and multifamily housing.

While the federal banking agencies are not changing any current rules, they issued a joint statement Thursday cautioning banks about risks in third-party deposit partnerships. They are also seeking public input on bank-fintech partnerships more generally.

In considering the purchase of new digital mortgage tools, look at technology through the eyes of borrowers and how it can help ease their anxiety, originators say.

Sluggish gain-on-sale margins however were the result of competitive pricing in the market, the company said.