JPMorgan Chase launched Chase First Banking, a fee-free account to allow Chase customers to offer their children bank accounts.

Digital banking platform Greenwood seeks to serve communities traditionally ignored by the financial sector, particularly Black and Latinx communities.

Wells Fargo announced that it is cutting more than 700 jobs in commercial banking.

BBVA-backed digital bank Azlo launched a subscription-based service called Azlo Pro, which includes invoicing, and automated budgeting for payroll and taxes.

Harit Talwar, who has been Goldman Sachs’ global head of consumer business and the public face of its Marcus unit since 2015, is leaving his position, according to a Bloomberg report.

Wells Fargo has signed an agreement to enable API-based secure data sharing with aggregator Envestnet Yodlee, allowing customers to securely share data with 1,400 third-party financial applications

Citibank and the Citi Foundation committed $1B in funding to enhance access to financial services for communities of color.

Amid continued growth for challenger banks, digital bank One, created by former CEO of PayPal Bill Harris and former Capital One exec Brian Hamilton, launched in the U.S. this week.

Sky News reports JPMorgan Chase (JPMC) is launching a new U.K. digital bank early next year in response to new interest in digital services during the pandemic.

Amid recent scrutiny of changes to USPS operations, The Capitol Forum reports JPMorgan Chase (JPMC) spoke with the postal provider about offering banking services at post offices.

Germany-based digital bank N26, which has raised $770M to date and operates in 25 markets globally, is facing staff unrest over working conditions. Employees this week are meeting to elect a board for a body that would represent them in discussions with management.

British bank TSB is getting rid of branch cashiers next year, affecting 929 jobs.