Ally Bank news and trends

CE 100 Index Climbs 4.2% as Banking Names Rally on Possible Rate Cuts 
IPO // December 18, 2023

A broad stock market rally was the hallmark of last week’s trading action. The Federal Reserve signaled a pause on interest rate hikes and three possible rate cuts next year. To that end, the CE 100 Index was swept up in the optimism and was...

AI-Focused Names Lead CE 100 Index 2.3% Higher 
Commerce Connected // May 22, 2023

The CE 100 Index gained 2.3% as artificial intelligence (AI) sparked investor enthusiasm and the earnings season continued to wind down for the March quarter. This past week’s performance brought the Index to a positive 14.2% return as measured year to date. C3.ai shares soared...

Chime, Nubank and Revolut Tie for No. 1 in Digital Banking Apps Provider Ranking
Digital Banking // April 20, 2023

People can’t seem to decide which digital banking experience they like best, which would explain the tangle of tied scores and new or returning names to PYMNTS’ Provider Ranking of Digital Banking Apps. It would also explain why there are currently 16 apps in a Top...

SVB Shutters and Banks Drag CE 100 Index 6.7% Lower
Connected Economy // March 13, 2023

The CE 100 Stock Index lost 6.7% as Silicon Valley Bank collapsed during a dramatic week that raises questions about FinTechs and startup funding. It remains unclear what the ripple effects will be from SVB’s failure — and how widespread they will be. All pillars tracked by...

Interviews & Exclusives
CE 100 Index: AI, Banks and BNPL Names Were Standouts During 2023’s 42% Rally 

January 04, 2024
The CE 100 Index soared in 2023, largely on the wings of widespread rallies among banking and buy now, pay later (BNPL) names, up double digit and, in some cases, triple digit percentage points. The key themes?  Consumer spending has remained resilient. Interest rates have likely peaked. The banking runs of earlier this year are […]

CE 100 Index Climbs 4.2% as Banking Names Rally on Possible Rate Cuts 

December 18, 2023
A broad stock market rally was the hallmark of last week’s trading action. The Federal Reserve signaled a pause on interest rate hikes and three possible rate cuts next year....

AI-Focused Names Lead CE 100 Index 2.3% Higher 

May 22, 2023
The CE 100 Index gained 2.3% as artificial intelligence (AI) sparked investor enthusiasm and the earnings season continued to wind down for the March quarter. This past week’s performance brought...

SVB Shutters and Banks Drag CE 100 Index 6.7% Lower

March 13, 2023
The CE 100 Stock Index lost 6.7% as Silicon Valley Bank collapsed during a dramatic week that raises questions about FinTechs and startup funding. It remains unclear what the ripple...

Quick Reads
Ally Now Provides Financing On Sezzle’s Platform

May 18, 2021
Ally Bank’s personal lending division, Ally Lending, has brought its financing services to retail payments platform Sezzle, according to a Tuesday (May 18) announcement. “People expect to be able to pay over time when they check out,” Hans Zandhuis, head of Ally Lending, said in the announcement. “By blending our FinTech platform with the strong […]

Ally Bank Takes Banking To Alexa

November 15, 2017
Ally Bank announced Tuesday (Nov. 14) that it is launching a new service that enables customers to conduct banking activities via voice. In a press release, Ally Bank announced Ally...