bank technology

Fifth Third Debuts Tools to Ease Bank-Switching
Fifth Third Debuts Tools to Ease Bank-Switching
July 11, 2024  |  Banking

Fifth Third Bank says it has introduced tools to make changing financial institutions easier. “Switching banks has historically been stressful — scheduling an appointment at a bank to...

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Regulators Wary of Banks Outsourcing to Tech Firms
Regulators Wary of Banks Outsourcing to Tech Firms
July 09, 2024  |  Bank Regulation

A top global banking regulator wants financial institutions to take more responsibility in outsourcing services. “Ongoing digitalisation has led to rapid adoption of innovative approaches...

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Traditional Banks Must Innovate Their B2B Solutions to Stay Competitive
Traditional Banks Must Innovate Their B2B Solutions to Stay Competitive
June 21, 2024  |  B2B Payments

Both the banking and business landscape are being reshaped by next-generation behavioral expectations. In order to meet these emerging end-user expectations, which tend to center...

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JPMorgan Names PayPal Vet Shivananda as New Tech Chief
JPMorgan Names PayPal Vet Shivananda as New Tech Chief
June 10, 2024  |  Personnel

JPMorgan Chase has reportedly named former PayPal executive Sri Shivananda as its chief technology officer. Shivananda will take up the CTO post later this month and succeed A.J....

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BMO’s Digital-First Transformation Unlocks Operational Efficiencies
BMO’s Digital-First Transformation Unlocks Operational Efficiencies
January 30, 2020  |  Digital Banking

Bank customers increasingly prefer self-service transactions over branch visits, and financial institutions (FIs) are meeting them where there. Investments in features — such as remote...

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BMO On Taking A Digital-First Approach To Retail Banking
BMO On Taking A Digital-First Approach To Retail Banking
January 29, 2020  |  Digital Banking

In-branch banking still plays an important role in customers’ financial lives, despite the growing popularity of mobile and online banking. A recent study found that...

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US Banks Expected To Lose 200K Jobs To Technology
US Banks Expected To Lose 200K Jobs To Technology
October 01, 2019  |  Banking

In the next 10 years, as robots and other tech bring about the “greatest transfer from labour to capital” the industry has witnessed, per a...

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Microsoft Helps UAE Trade Finance Bank Digitize
Microsoft Helps UAE Trade Finance Bank Digitize
July 31, 2019  |  B2B Payments

Microsoft is collaborating on a digital overhaul of a United Arab Emirates-based trade finance bank, Anglo-Gulf Trade Bank, a press release announced Tuesday (July 30)....

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UK Banks Turn To Trust As FinTech Competitive Foil
UK Banks Turn To Trust As FinTech Competitive Foil
July 03, 2019  |  B2B Payments

With challenger banking revving up in the U.K. market, High Street challenger banks are looking for ways to continue to set themselves apart with consumer...

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