Alkami, a 12-year-old Texas-based banking technology startup with a cloud-based platform for banks and credit unions, announced an initial public offering (IPO) at a $2B valuation.

Q2, an Austin-based publicly-traded company that specializes in banking and lending technology solutions, has acquired ClickSWITCH, a 7-year-old Minneapolis-based fintech that developed a patent account-switching solution.

With more than 9,000 stores across the U.S. and interactions with 8 million customers in-store and online, pharmacy retailer Walgreens is now betting on financial services in a tie-up with card issuer MetaBank and payments provider InComm Payments.

Greenwood, a digital banking platform aimed at Black and Latinx communities, has secured $40M in Series A funding after securing a $3M seed round in October.

With the approval of the coronavirus relief package, consumers anxiously await their stimulus deposits, an area where digital-only banking startups are pulling ahead of incumbent players.

Starling Bank, a 7-year-old U.K. neobank, crossed 2 million accounts on the heels of its biggest fund raise yet: $376M, led by Fidelity investments.

Square wants to be a one-stop shop for small businesses, and with the launch of industrial bank Square Financial Services, the new bank will offer businesses deposits and loans.

Although its pre-tax profit fell 34% in 2020 compared to the year prior, HSBC’s annual earnings beat expectations despite a tough year due to the coronavirus pandemic.

Standard Chartered Bank India is rolling out a video KYC (know your customer) process for account onboarding, eliminating the need for customers to go to physical branches to validate documents.

With the rush to automate banking transactions during the coronavirus pandemic, companies offering banks the tools to create their own bots and automated spending analyzers are getting a boost.

U.K. challenger bank Monzo is putting its eggs into the competitive U.S. market. In pursuit of that goal, it appointed Carol Nelson, former CEO of Cascade Bank and senior vice president of Bank of America, as the company’s new U.S. CEO.

Goldman Sachs has hired Swati Bhatia, who was most recently chief of risk operations at payments giant Stripe, to head up the bank’s consumer banking business.

MoneyLion, a digital banking startup whose platform also offers lending and investing, is reportedly in talks to go public by merging with Fusion Acquisition, a special purpose acquisition company (SPAC).

Goldman Sachs, which reported that profits more than doubled year-over-year (YoY) in the fourth quarter of 2020, is reportedly on the hunt for an acquisition to strengthen its Marcus consumer banking unit.