In today’s top news in digital-first banking, Mizuho Bank, JCB and Fujitsu will pilot a blockchain-based identification system, while BBVA participated in an instant payments...
Call it silver linings — maybe not yet green shoots. But bank earnings are showing that loan loss reserves were more conservative than needed (at...
Truist Financial Corporation reported on Thursday (Oct. 15) strong noninterest-bearing deposit growth and the completion its first major client-facing conversion, Truist Securities, in Q3 2020....
Goldman Sachs’ latest results showed continued traction in its digital, consumer banking efforts even as its core trading and asset management segments soared. Get the...
Despite reporting rough overall Q3 results Wednesday (Oct. 14), Wells Fargo called out strong mortgage banking fees, higher equity markets and declining sequential charge-offs as...
Bank of America (BofA) said on Wednesday (Oct. 14) that it is seeing a full restoration of customer spending, along with declines in delinquencies on...
Citigroup’s Q3 earnings report on Tuesday (Oct. 13) indicated that things are looking a bit stronger than expected in the results department, as the firm...
In today’s top news, Revolut is reportedly close to applying for a U.S. banking license, and a central bank digital currency would exist alongside cash....
We haven’t turned the corner quite yet – but at least we haven’t hit the wall. Get the Full Story Complete the form to unlock...