Financial Services

Lloyds’ retail loyalty deal may help engagement: The UK bank teamed up with and invested in fintech Bink, which connects people’s payment cards to retail loyalty programs.

The CEO of M&T Bank urged US industry watchdogs to hold alternative lenders to the same regulatory standards as traditional banks.

Even JPMorgan needs to assuage crypto fears: The banking giant invested in TRM Labs, which provides anti-money laundering compliance and security services to banks, crypto firms, and law enforcement.

Verizon banks on private 5G for business: The carrier’s service in BlackRock’s offices will showcase an opportunity for 5G to shine while challenging Wi-Fi’s dominance in office, enterprise, and government use.

Crypto mortgages will be niche loans without regulators’ OK: Milo lets wealthy investors buy homes with mortgages fully backed by Bitcoin, but it likely won’t gain traction without regulation.

TD could enhance US growth with First Horizon: The Canada-based banking giant’s proposed tie-up gives it a sizable footprint in a fast-growing part of the US—but it faces a tougher regulatory climate first.

The bank will combine all of its product lines into one app to boost digital engagement.