Citi is integrating AI-driven automations into its digital business banking platform with the goal of greater efficiency. CitiDirect Commercial Banking aims to bring all banking functions, including foreign…
Read more Citi upgrades business banking with AIUnited Kingdom-based digital bank OakNorth was granted regulatory approval by the Federal Reserve and the New York State Department of Financial Services on Aug. 26 to market its…
Read more UK digital bank OakNorth approved to market products, services in the US | Bank Automation NewsTD Bank has been investing in innovation through patent filings, AI and generative AI efforts in recent months. As the bank invests in technology internally, its innovation with…
Read more TD accepting applications for 2024 TD Ready Challenge | Bank Automation NewsJPMorgan Chase will expand the accessibility of its data-driven business intelligence platform, Chase Customer Insights, to meet the demands of business clients. “Customer Insights is currently available to…
Read more Chase Customer Insights tool expanding for businesses | Bank Automation NewsTD Bank will launch a data-driven small-business insights dashboard in October. Built with insights engine Monit, the dashboard will enable small-business customers to connect their accounting platforms within…
Read more TD to launch SMB dashboard in October | Bank Automation NewsAlly Financial continues to invest in its digital capabilities as clients gravitate toward its online channels. “We’ve made significant investments to modernize our technology platform, including the core…
Read more Ally invests in data, analytics in Q2 | Bank Automation NewsU.S. Bank expects revenues from its payments segment to continue to climb as it develops and deploys technology for small- and medium-sized businesses. The $669 billion bank reported…
Read more U.S. Bank developing payments tech for SMBs | Bank Automation NewsU.S. Bank is looking to fintechs to provide back-office management for its small-business clients. The $669 billion bank listens to feedback from business clients to understand what they…
Read more U.S. Bank’s SMB fintech strategy | Bank Automation NewsFintech funding has hit a four-year low, but venture capitalists believe that it will slowly return to a pre-pandemic normal, Carey Ransom, managing director of venture capital firm…
Read more BankTech Ventures invests in 3 fintechs|Bank Automation NewsLondon-based B2B core banking platform XYB named Derek Joyce as its chief executive on May 30. Joyce previously worked at American Express, Klarna, Bread and Alloy and brings…
Read more XYB names Joyce as CEO | Bank Automation NewsInvestment firm FTV Capital is expanding its European presence with a London office. The London team of six, led by Richard Earnshaw, will “work on deals in collaboration…
Read more FTV Capital deepens European business | Bank Automation NewsU.S. Bank is working on AI-driven solutions for its small and medium-sized business clients to improve their operations. “By no means is it as easy as just deploying…
Read more U.S. Bank deploying AI for SMBs | Bank Automation NewsManaging cash flow, tapping into data-driven insights and accessing capital: Small businesses are looking to their bank partners to provide digital solutions to streamline access to data, insights…
Read more Banks are setting SMBs up for success with new tech | Bank Automation NewsCitizens Bank is looking to add new digital banking solutions for small- and medium-sized businesses to its new Cash Flow Forecasting platform. To keep up with SMB demand…
Read more Citizens to launch an ERP tool | Bank Automation NewsStarling Bank reported its third annual profit after higher interest rates helped boost revenue, as the British mobile lender seeks to roll out its banking software globally. The…
Read more Starling Bank earnings lifted by higher interest rates | Bank Automation NewsDigital bank and fintech Green Dot has appointed Renata Caine as the general manager of its banking-as-a-service division. “BaaS will continue to be an important enabler for companies…
Read more Green Dot appoints Caine to head BaaS | Bank Automation NewsSmall business clients looking to make data-driven business decisions within their operations don’t always know how to tap into their data, but JPMorgan Chase has created a solution…
Read more Small business clients look to Chase for data insights | Bank Automation NewsFinancial institutions that think about efficiency and growth when considering tech spend can respond quickly to merger and acquisition opportunities, Danny Baker, vice president of market strategy at…
Read more Banks positioned for M&A wave | Bank Automation NewsSmall businesses demand efficient access to capital and Grasshopper Bank is meeting the needs of its small business clients through its latest digital lending solutions. The New York-based…
Read more Grasshopper begins rollout of SBA lending strategy | Bank Automation NewsUplinq, a credit decisioning support platform for small business lenders, named former Wells Fargo leader Derek Ellington as its strategic adviser. “Most recently, [in] my role running small…
Read more Ex-Wells leader Ellington joins Uplinq| Bank Automation News
