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[ad_1] Royal Bank of Canada’s deal to acquire HSBC Canada for $10 billion, announced in November, is expected to close on March 28. The bank announced...
[ad_1] BMO continued to deliver on its digital-first agenda during its 2024 fiscal first quarter through innovation and new offerings. The Montreal-based bank continues to...
[ad_1] Scotiabank‘s tech spend climbed in the fourth quarter as the bank invested in digitalization and automation to keep up with client demand. The Canadian bank’s...
[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] Lloyds Bank is modernizing its technology and expects to save 1.2 billion pounds ($1.5 billion) through the efforts in 2024. Â The London-based bankâs focus...
[ad_1] Institutions approaching mergers and acquisitions must consider how to combine cultures, business models in addition to their tech stacks. Tech stack integration doesnât have to...
[ad_1] U.S. Bank is using technology company Pagaya to leverage its AI-driven underwriting for personal loans to consumers. Â Pagayaâs AI-powered credit decisioning platform will conduct...
[ad_1] HSBC plans to increase spending in 2024 as the bank invests in technology and its people. Costs are expected to grow to $31.2 billion, up...
[ad_1] Barclays is saving money and improving its customer experience through technology investments. Total operating expenses for its investing banking arm were 7.7 billion pounds ($9.4...
[ad_1] Capital One Financial Corp. agreed to buy credit-card lender Discover Financial Services in a $35 billion all-stock deal to create the largest US credit card...
[ad_1] NatWest is saving on costs and improving the customer journey through technology. âSince 2021, we have delivered run rate savings of around 250 million pounds...
[ad_1] UBS continues to integrate Credit Suisse into its operations, dealing with high general and administrative costs related to the acquisition. “There is a significant amount...
[ad_1] Bryce Elliott, former chief information officer of wholesale and enterprise functions at Truist Financial, is no longer working at the Charlotte, N.C.-based bank. Elliott’s role...
[ad_1] Major U.S. banks released fourth-quarter earnings over the past month showcasing that they looked to reduce costs – but not necessarily on tech spend as...
[ad_1] Several Wall Street banks including JPMorgan Chase & Co. and Bank of America Corp. have held talks to provide as much as $8 billion in...
[ad_1] ING Bank invested in its digital infrastructure in 2023 and expects to reap the benefits of those tech advancements in 2024 as the bank plans...
[ad_1] Financial institutions are investing in digital and mobile banking offerings, closing out 2023 with an uptick in digital adoption. This trend was prevalent in the...
[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...