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[ad_1] U.S. Bank technology leaders attend the Consumer Electronics Show every year to spark innovation ideas for the bank’s research and development team; this year the...
[ad_1] Opinions expressed by Entrepreneur contributors are their own. A client of mine, let’s call her Sandra, came to me for help to handle high levels...
[ad_1] Huntington Bancshares Chief Technology and Operations Officer Paul Heller is set to retire March 1. Heller has built the technology operations throughout the $187 billion,...
[ad_1] Fifth Third Bank expects to increase noninterest expenses slightly in 2024 as technology investment ticks up at the bank. Noninterest expenses in the fourth quarter...
[ad_1] Ally Financial today agreed to sell its point-of-sale financing business along with its loan books to Synchrony Financial for an undisclosed price. The $196 billion...
[ad_1] KeyBank prioritized its investment in technology during the fourth quarter as it looks to build the bank’s franchise to ensure competitiveness. “Our first investments are...
[ad_1] Truist Financial is simplifying its operations through ongoing restructuring efforts, affecting headcount, footprint and innovation. Costs associated with the restructuring are expected to reach $225...
[ad_1] Discover Financial Services invested in its integrated digital banking model, risk management, analytics and compliance initiatives in 2023 and expects to continue those efforts this...
[ad_1] Citizens Bank is looking toward AI and generative AI technology to improve operational efficiency and client experience. The $222 billion bank has “many exciting things...
[ad_1] U.S. Bank made digital and operational investments during the fourth quarter as it focused on modernizing payments and technology. The $668 billion, Minneapolis, Minn....
[ad_1] In 2023, financial institutions continued to look to third-party vendors for innovative solutions to enhance their offerings. A December report by Scottdale, Ariz.-based bank and...
[ad_1] Opinions expressed by Entrepreneur contributors are their own. I bet “better brand recognition” is already on your list of New Year resolutions. That’s if you...
[ad_1] PNC Financial plans to spend $425 million this year on its ongoing improvement plan, which funds business and technology investments. As the Pittsburgh-based bank looks...
[ad_1] Investment banking behemoth Goldman Sachs ramped up technology investment while pulling back on retail banking operations during the fourth quarter. The $538 billion bank’s communication...
[ad_1] Citigroup’s restructuring efforts, investment in technology and reduction of overhead costs will result in a loss of 20,000 jobs, or 10% of its workforce, through...
[ad_1] Implementation of AI could reduce turnover at Bank of America, Chief Executive Brian Moynihan said during today’s fourth-quarter earnings call. “We can always hire a...
[ad_1] Wells Fargo clients are migrating to lower-cost channels, resulting in reduced call volume and teller transactions for the bank. “We’ve been focusing on controlling...
[ad_1] BNY Mellon’s technology spend accounted for nearly 30% of noninterest expenses in 2023 as the bank embraced new technology during the year. The bank spent...
[ad_1] JPMorgan Chase increased technology spend during the fourth quarter of 2023 as all lines of business across the bank invested in new products, features, customer...
[ad_1] Many execs or small business owners think social media is complete fluff — and for most businesses, it is. And when they say fluff, they...