bank technology

SMBs Aren’t The Only Ones Threatening To Switch Banks: Ovum
SMBs Aren’t The Only Ones Threatening To Switch Banks: Ovum
November 13, 2018  |  B2B Payments

As Europe and the U.K. continue efforts to boost competition in the financial services (FinServ) space, much of their attention has landed on small companies’...

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Where Bank Account Data Alone Falls Short For SMB FinTech
Where Bank Account Data Alone Falls Short For SMB FinTech
November 13, 2018  |  B2B Payments

An application program interface (API) ecosystem is growing to transform the financial services (FinServ) sector, and small business (SMB) banking won’t be left out of...

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FDIC To Help Banks Embrace Tech, Innovation
FDIC To Help Banks Embrace Tech, Innovation
October 25, 2018  |  Banking

The Federal Deposit Insurance Corporation (FDIC) is setting up an office of innovation to encourage banks to adopt financial technology changes. FDIC Chairman Jelena McWilliams...

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Challenger FinTech Firms Can’t Rely On Tech Offerings Alone: ANNA
Challenger FinTech Firms Can’t Rely On Tech Offerings Alone: ANNA
October 24, 2018  |  B2B Payments

U.K. alternative financial service (FinServ) players promising a small business (SMB) banking revolution — and a challenge to the status quo established by high-street banks...

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Personetics Explores How To Make AI Banking Work For The Bank
Personetics Explores How To Make AI Banking Work For The Bank
October 01, 2018  |  B2B Payments

As financial institutions (FIs) invest in technology in an effort to position themselves more competitively against FinTech firms, the development of so-called chat bots and...

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US Bank Looking To Sell Its Payment Unit, Elan
US Bank Looking To Sell Its Payment Unit, Elan
August 09, 2018  |  Partnerships / Acquisitions

U.S. Bank is reportedly looking to sell Elan, its card processing business, reported Fintech Futures. According to the report, Finastra, FIS and Fiserv are in...

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Bad Loans Slow Banks In FinTech Race
Bad Loans Slow Banks In FinTech Race
July 04, 2018  |  Bank Regulation

FinTech startups and big tech may provide competition for established banks that have bad loans on the books, The European Banking Authority (EBA) said on...

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Finastra Acquires Mobile Banking Provider Malauzai
Finastra Acquires Mobile Banking Provider Malauzai
June 18, 2018  |  Digital Banking

Finastra, the FinTech company, announced Monday (June 18) that it has acquired Malauzai, a provider of mobile and internet banking solutions for community financial institutions...

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RBC To Spend More Than $3B On Advanced Technology
RBC To Spend More Than $3B On Advanced Technology
June 14, 2018  |  Artificial Intelligence

Royal Bank of Canada (RBC) is gearing up to spend $3.2 billion on technology with a focus on artificial intelligence, digital products and social media....

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