Digital transformation for banks and credit unions in the U.S. is ripe with opportunities, some of which can strengthen customer relationships in ways that only a few years ago would have been scarcely imaginable. With the help of artificial intelligence (AI), direct connections and instant...
It was former Intel CEO Andy Grove who once said, “How well we communicate is determined not by how well we say things, but how well we are understood.” And according to Visa’s 2024-2025 Growth Corporates Working Capital Index, CFOs and treasurers want to be...
Digital transformation holds promise for banks, but it could also give them pause. The traditional route, upgrading legacy systems and on-premise technology — going it alone, so to speak — is rife with friction and heavy upfront investment. There’s a long runway in tailoring online...
IBC Bank has launched a partnership with commercial lending FinTech Finanta. “By integrating Finanta’s advanced commercial lending platform, IBC Bank will accelerate its digital transformation in commercial lending and unleash incremental business value,” the companies said in a news release Tuesday (Nov. 5). As part of the partnership, Finanta...
November 06, 2024
Digital transformation for banks and credit unions in the U.S. is ripe with opportunities, some of which can strengthen customer relationships in ways that only a few years ago would have been scarcely imaginable. With the help of artificial intelligence (AI), direct connections and instant payments technology is moving banks closer than ever to end […]
November 06, 2024
It was former Intel CEO Andy Grove who once said, “How well we communicate is determined not by how well we say things, but how well we are understood.” And...
November 05, 2024
Bigger doesn’t always mean better across financial services — especially when it comes to innovation. And as financial technology reshapes the payments industry, even smaller, regional credit unions are finding...
November 05, 2024
The Consumer Financial Protection Bureau’s finalized rule on data sharing has its share of supporters and detractors. Those in favor of the new mandates — and as described by the...
November 06, 2024
J.P. Morgan has announced a significant enhancement to its blockchain platform, recently rebranded from Onyx to Kinexys. The bank will integrate Kinexys Digital Payments with J.P. Morgan FX Services, enabling on-chain FX settlement. This move positions Kinexys as a key player in the landscape of digital cross-border payments and foreign exchange. Initially supporting USD and […]
November 05, 2024
IBC Bank has launched a partnership with commercial lending FinTech Finanta. “By integrating Finanta’s advanced commercial lending platform, IBC Bank will accelerate its digital transformation in commercial lending and unleash incremental business...
November 04, 2024
Singapore’s banking regulator announced plans to promote tokenization in the financial services industry. The Monetary Authority of Singapore (MAS) said the effort will include deepening the liquidity of tokenized assets...
November 03, 2024
Last month, the Justice Department settled an anti-money laundering probe into TD Bank. But according to U.S. Sen. Elizabeth Warren, D-Mass., the $3 billion the government received from the Canadian...
