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[ad_1] Financial institutions that think about efficiency and growth when considering tech spend can respond quickly to merger and acquisition opportunities, Danny Baker, vice president of...
[ad_1] Online lender Upstart automated 90% of its unsecured loans in the first quarter of 2024 as automation remained at the forefront of efforts to streamline...
[ad_1] Wealth-tech giant Envestnet is ramping up its investment in data and analytics to increase subscription-based revenue and create new products. The data and analytics business...
[ad_1] Global Payments has received EU regulatory approval and is launching a joint venture with CommerzBank — Commerz Global Pay — this month. CommerzBank, based in...
[ad_1] NEW YORK — Tech provider FIS debuted its embedded finance platform, Atelio, in its Investor Day presentation today as its tech leaders discussed growth strategies....
[ad_1] Chime Financial was fined $3.25 million by the Consumer Financial Protection Bureau today as the digital bank has failed to give timely consumer refunds. According...
[ad_1] Small businesses demand efficient access to capital and Grasshopper Bank is meeting the needs of its small business clients through its latest digital lending solutions. ...
[ad_1] The Clearing House’s Real Time Payments’ network is gaining mid-market companies as businesses gravitate toward real-time payments. Businesses prefer The Clearing House’s RTP solution because...
[ad_1] Block’s Cash App profit and number of users grew in the first quarter as the payments provider integrated buy now, pay later provider Afterpay. Block,...
[ad_1] Tech giant Apple reported record revenue from its services businesses, which include payments and iCloud, and is going knee-deep in its generative AI foray. “We...
[ad_1] Financial institutions that have gained agility through long-term technology investments are better prepared to complete mergers and acquisitions with limited client disruption. Technology integration during...
[ad_1] ING Bank is improving its digital capabilities and offerings as it posted growing mobile banking adoption in the first quarter. The bank is prioritizing delivering...
[ad_1] Card giants Mastercard and Visa leaned into AI and generative AI for fraud detection in the first quarter. “We continue to enhance our solutions with...
[ad_1] EverBank has selected payment and financial solutions provider Finzly to update its payment processing system, according to an April 18 release. The $34.6 billion, Jacksonville,...
[ad_1] Tech giants across the board are looking to monetize AI as they continue to pour funds into developing technology and cloud services. “We have clear...
[ad_1] HSBC is restructuring the organization by leaving some geographic territories, investing in tech and — most recently — undergoing a leadership change. The bank is...
[ad_1] Santander Bank saved 50 million euros ($53.6 million) in the first quarter as the bank leaned into its tech investments for added efficiency. “Our proprietary...
[ad_1] Fintech funding hit a four-year low in the first quarter of 2024, partly driven by the higher cost of capital and a change in priorities...
[ad_1] European banks BNP Paribas and Deutsche Bank plan to pull back on expenses this year as they lean into their tech investments. “We are maintaining...
[ad_1] NatWest is driving its costs down by reducing branches, trimming headcount and simplifying operations. “We incurred higher severance, branch and property exit costs in...