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[ad_1] Banks and investors are evaluating AI-driven startups for long-term growth opportunities. “Investors are keeping close tabs on AI-related innovation,” Isaiah Payne, managing director at...
[ad_1] NEW YORK — KeyBank is hesitant to join the Federal Reserve’s real-time payments network FedNow until the payments rail shows some growth. The $184 billion...
[ad_1] Fintech valuations and funding rounds had a tough year in 2023 as high interest rates pushed investors into capital conservation mode. In 2023, “VCs were...
[ad_1] Banks are looking for ways to monetize the sharing of consumer data as open banking regulations are passed across the globe. Open banking pushes banks...
[ad_1] Lloyds Bank is looking to invest in cybersecurity and technology related to insurance and regulatory monitoring in 2024 amid uncertain macroeconomic conditions. “I like regtech...
[ad_1] ING Bank’s Marco Eijsackers, is head of CIO office, where he is focused on developing and deploying emerging technologies within the $967 billion bank’s operations. ...
[ad_1] Quantum tech provider Quantum Dice has developed hardware to make financial services operations faster and more efficient. The Oxford, U.K.-based company’s hardware can increase...
[ad_1] LONDON — Will embedded finance technology usher in a new era of banking, or is the impact of the technology overblown? Bank executives from ClearBank,...
[ad_1] LONDON — ING Bank saw increased adoption of its video-based customer service options in 2023, specifically for mortgage applications. “Almost 50% of customers use digital...
[ad_1] NEW YORK — Citizens Bank will launch a virtual assistant, Digital Butler, on its commercial banking app in the next quarter, Jo Wyper, executive vice...
[ad_1] NEW YORK — Nearly 70% of Wells Fargo’s interactions with its customers are digital as it continues to invest and improve its digital banking channels,...
[ad_1] New York — Bank of Montreal’s automated savings program adoption is growing and the bank is on track for a 600% return on investment rate...
[ad_1] BNY Mellon looks to startups to address internal and client-facing technology challenges throughout the bank. The $31.9 million bank communicates with executives and clients to...
[ad_1] Regulatory technology and fraud prevention are two areas that financial institutions should be investing in now to reduce losses and overhead costs. As state and...
[ad_1] SAN FRANCISCO — JPMorgan Chase is investing in artificial intelligence to combat fraud and financial crimes as the $2.5 trillion bank looks to increase its precision and capture rate. ...
[ad_1] Open banking and authentication fintechs caught the eye of attendees at Finovate Spring 2023 this week, with several voted Best of Show by the audience....
[ad_1] SAN FRANCISCO — Regional banks and credit unions should redefine what it means to be a “community” financial institution when considering new technologies to tap...
[ad_1] SAN FRANCISCO — Community banks are looking to technology to support human interactions rather than replacing them. When it comes to technology investment, community banks...
[ad_1] Starling Bank is hiring for 1,000 tech-related positions for its newest location in Manchester, England. The $14.6 billion, London-based digital bank employs 2,500 people at...
[ad_1] LONDON — HSBC acquired Silicon Valley Bank UK earlier this week, but will those tech clients stay with HSBC or will they turn to neobanks? ...