Banking
First Citizens, SVB taking integration slowly
[ad_1] First Citizens Bank and Silicon Valley Bank are slowly integrating their tech stacks while keeping their individual digital road maps relatively separate. “There…
Tag: svb
Banking
AI, tech advancements at Brex | Bank Automation News
[ad_1] Expense management solutions provider fintech Brex is saving an average enterprise customer up to 300 hours per month in employee expense compliance efforts…
Banking
Podcast: 6 criteria for choosing a backup loan servicer | Bank Automation News
[ad_1] The 2023 collapse of Silicon Valley Bank reminded fintechs and financial institutions of the importance of having a backup loan servicer in the…
Technology
Startups Yearly: The biggest startup stories from 2023 | TechCrunch
[ad_1] Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. Thank you for subscribing to Startups Weekly. This…
Business
Bond-market crash leaves big banks with $650 billion of unrealized losses as the ghost of SVB continues to haunt Wall Street
[ad_1] Bank of America shares have fallen 14% this year.Spencer Platt/Getty Images Big banks are sitting on $650 billion of unrealized losses, Moody’s has…
Banking
What is SVB like under Raleigh’s First Citizens Bank? We asked NC Triangle startups.
[ad_1] First Citizens Bank headquarters in Raleigh, N.C. on Monday, March 27, 2023. Kaitlin McKeown kmckeown@newsobserver.com On March 27, Raleigh’s First Citizens Bank transformed…
Banking
Metro Bank’s rescue, digital plans | Bank Automation News
[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…
Banking
SVB merger going ‘better than expected’|Bank Automation News
[ad_1] Silicon Valley Bank’s integration with First Citizens Bank is going “better than expected.” Acquiring Silicon Valley Bank (SVB) in March was an…
Banking
New roles for Murrell, Santiago at SVB| Bank Automation News
[ad_1] Silicon Valley Bank, a division of First Citizens Bank, named Martin Murrell the new head of global payments and Milton Santiago the new…
Banking
Podcast: Payments innovation post-SVB | Bank Automation News
[ad_1] The collapse of Silicon Valley Bank, First Republic Bank and Signature Bank has companies looking to technology providers to ensure they have the…
Banking
Podcast: Preventing wire fraud with automation | Bank Automation News
[ad_1] Fraudsters found new opportunities in business email compromise scams as bank clients moved assets following the collapse of Silicon Valley Bank in March…
Banking
How Wilmington’s top bank has navigated the U.S. banking crisis
[ad_1] Live Oak Bank in Wilmington, NC is the fourth largest state-chartered bank in North Carolina and a national leader for funding small businesses.…
Banking
First Citizens to capitalize on SVB tech | Bank Automation News
[ad_1] First Citizens Bank today announced plans to up its tech focus by leveraging capabilities acquired from its March purchase of the failed Silicon…
Banking
Cross River Bank faces reg scrutiny | Bank Automation News
[ad_1] Tech-forward Cross River Bank reached a consent agreement with the Federal Deposit Insurance Corp. in March following a cease-and-desist order from a standard…
Banking
Mitigating risk post SVB, FRB collapse | Bank Automation News
[ad_1] Financial institutions are looking to risk mitigation and regulatory compliance technology following the industry turbulence brought on by the recent collapses of Silicon…
Banking
The Fed raises US rates by a quarter point, signaling possible pause | Bank Automation News
[ad_1] The Federal Reserve raised interest rates by a quarter percentage point and hinted it may be the final move in the most aggressive…
Banking
Arc hires former FRB, SVB employees | Bank Automation News
[ad_1] Former Silicon Valley Bank and First Republic Bank employees are knocking on the door of digital bank Arc to fill positions in relationship…
Banking
SVB, Fed guilty of poor management | Bank Automation News
[ad_1] Silicon Valley Bank and federal regulators alike let poor management slide for several years — leading to the largest banking failure since 2008.…
Banking
Wire fraud up 18% since SVB collapse | Bank Automation News
[ad_1] The collapse of Silicon Valley Bank opened a door of opportunity for fraudsters to take advantage of bank clients who have recently moved…
Banking
SVB collapse spurs demand for new solutions | Bank Automation News
[ad_1] Financial institutions are working to fill the gaps brought to light by the failure of Silicon Valley Bank, bringing to market new deposit…