Backed by Palmer Luckey and other founders, a new bank named Erebor has earned a preliminary government approval.

Palmer Luckey — whose fast-growing defense firm Anduril is set on revolutionizing modern warfare – is now backing an ambitious, crypto-friendly banking startup that aims to rethink the world of ...

A startup backed by Wall Street’s biggest banks is making headway in a push to bring electronic trading to one of the final ...

Palmer Luckey, CEO of defense tech giant Anduril Industries, is quietly building a new digital banking venture — and we now know more about who will be helping him. The startup, Erebor, is raising ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min M&T Bank is changing its ...

The collapse of a little-known intermediary named Synapse Financial Technologies has put a spotlight on the risk that customers face when using popular banking start-ups. By Rob Copeland If it looks ...

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Rohit Jha calls himself a "huge nerd." He developed a deep love for computers, space and ultimately science fiction in his early years. Jha spent much of his childhood and adolescence coding games on ...

Does the US need a new online bank? If that bank serves new military recruits—who are often underserved, under-educated, and under-protected by the banking industry—then, yes it does. With the ...

Fishers-based First Internet Bank plans to sell up to $869 million of its loans to New York City-based Blackstone Inc.—the largest single transaction in First Internet’s history. It is not uncommon ...