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SAN JOSE, Calif.—A federal judge has rejected a $1.71-billion claim against the FDIC by the successor to Silicon Valley Bank’s former parent, finding that negligent decisions by the holding company’s officers caused at least $5.4 billion in damage to the failed bank—more than offsetting the disputed deposit, The Wall Street Journal reported.

DALLAS— As banks and fintechs race to turn financial services into subscription businesses, promising everything from premium checking and insurance discounts to travel perks and buy-now-pay-later benefits for a monthly fee, Brian Scott sees a fundamental question many institutions have yet to answer: Would members actually pay for the privilege of banking with them?