[ad_1] London-based Zopa Bank has $95 million in Tier 2 capital to fund its growth, according to the company. The digital bank provides technology for...
[ad_1] Total credit card debt has surpassed $1 trillion for the first time ever this year, with total household debt reaching $17 trillion, according to a...
[ad_1] Citibank is investing in technology and automation to modernize its security infrastructure, enhance client experience and improve its data structuring. “We’re deep into the large...
[ad_1] Wells Fargo is leveraging technology and automating investments to streamline its operations as the $1.6 trillion bank continues to trim its workforce. “I would say...
[ad_1] JPMorgan Chase’s expenses increased in the third quarter as the bank invested in people and technology. The $3.7 trillion bank’s consumer and community banking expenses...
[ad_1] PNC Bank is looking to reduce and manage expenses and use the resulting funds to invest in technology. “We are focused on expense management, particularly...
[ad_1] Citizens Bank plans to join syndicated loan platform Versana in the first half of 2024 to expand its credit reach. Syndicated loans can range from...
[ad_1] Metro Bank is considering growth strategies and digital investment plans following a tumultuous month that nearly ended in a collapse similar to Silicon Valley Bank’s...
[ad_1] Goldman Sachs Group Inc. agreed to sell its GreenSky unit to a consortium led by Sixth Street Partners. The deal, which is expected to close...
[ad_1] Citigroup will sell its consumer wealth portfolios in China to HSBC for $3.6 billion, the bank said Monday. The sale, which includes Citi’s clients, assets...
[ad_1] As AI investment soars, financial institutions that share their AI strategies publicly are performing better than those keeping their efforts under wraps. A report released...
[ad_1] NatWest has integrated three cloud providers into its tech stack since July. As the $890 billion bank based in Edinburgh, Scotland, looks to move its...
[ad_1] American Express’ recent technology investments include product development and tech stack enhancements. In the second quarter of 2023, the financial institution increased expenses 23% year...
[ad_1] Citizens Bank has been exploring multiple uses for AI as it looks to enhance its digital channels and improve customer offerings. The $222 billion bank...
[ad_1] Power imbalances are everywhere, and they can show up in subtle ways, even during simple, initial interactions. Ever had someone say “it’s nice to see...
[ad_1] Q: I have a great idea for a service, but how do I know if people want it? – Shana, Tucson, AZ If you want...
[ad_1] Citi Ventures, the venture capital arm of $1.7 trillion Citigroup, is changing its investment strategy amid turbulent macro-economic conditions. The first half of 2023...
[ad_1] Ally Financial has developed an AI playbook to help its employees better understand the technology and take part in its innovation. “AI playbook is the...
[ad_1] Citigroup’s Treasury and Trade Solutions business is looking to hire someone to lead its global instant payments strategy amid the bank’s restructuring and efficiency efforts. ...
[ad_1] Lloyds Bank has selected payments behemoth Visa to provide a virtual card offering to its business customers. Visa Commercial Pay will give Lloyds Bank’s business...