Trust in UK startup banks growing among all age categories, data shows
The notion that customers don’t trust non-legacy banking brands is starting to fade, at least in the U.K. A study...
Risk reduction, API connectivity to gather steam in 2020, say DTCC executives
While industry players have noted the emergence of fintech "ecosystems" to lock in customer relationships, others point to embedded “experiences” based...
Rebundling of services to continue in 2020, BMO’s Ben Schack says
Ben Schack, head of U.S. digital partnerships, BMO Financial Group Throughout 2019, banks continued to partner with startups in their...
Cheatsheet: Why PayPal is suing the CFPB regarding its Prepaid Rule
PayPal this month filed a lawsuit against the Consumer Financial Protection Bureau (CFPB) regarding fee disclosure requirements, arguing that the...
BMO launches personalized account insights pilot
The Bank of Montreal this month launched BMO insights, a personal finance insights tool to help customers gain better control...
BofA’s AI-powered assistant Erica pulls in 10 million users
Half a year after Bank of America’s AI-powered digital assistant Erica reached 7 million users, Erica has surpassed 10 million...
UK startup Curve adds wearable payments as it plans US expansion
U.K.-based card startup Curve is launching payments through wearables, including on Garmin, Fitbit and Sony Wena devices. The company offers...
Alexa von Tobel’s Inspired Capital bets on business neobank Rho
Image via Rho Venture capital firm Inspired Capital, which is led by LearnVest founder Alexa von Tobel, is making a...
How Chase is fighting screen scraping through API-based data access
JPMorgan Chase has entered into a data-sharing agreement with aggregator Envestnet Yodlee in an effort to enhance customer control over...
Canada’s CWB Bank to embed ‘explainable AI’ in digital platform
Canadian business bank CWB Financial Group will roll out personalized insights within its app and online platform in 2021. Jeff...
