nCino reports 29% YOY revenue growth
Cloud banking and loan automation company nCino last week reported third-quarter revenues of $70 million, a 29% year-over-year increase, credited...
BMO: Digital adoption climbs to 61% in Canada, 52% in US
The Bank of Montreal (BMO) reported its digital self-serve transactions reached 91.8% in 2021, compared with 89.8% in 2021. Photographer:...
4 risks new tech creates for banks
While some banks are beginning to embrace cryptocurrency and other innovations in the decentralized finance space, financial institutions should be...
CIBC cites digital, cloud as key to 7% YOY growth
Canadian Imperial Bank of Commerce (CIBC) credits digital investments and a cloud-first strategy with its 2021 growth, which saw adjusted...
Goldman Sachs launches Amazon-backed financial cloud service
Goldman Sachs announced Tuesday it is partnering with Amazon Web Services (AWS) on a cloud-based solution that helps financial services...
Scotiabank’s growing digital engagement, process automation led to branch, staff reductions
Accelerated customer adoption of digital channels and internal processes automation at Scotiabank this year led to an increase in efficiencies,...
FDITECH Sprint attracts AWS, Google and fintechs to solve financial system challenges
The Federal Deposit Insurance Commission (FDIC) recently made available the demos of its first FDITECH Sprint, a contest held in...
MSU Financial Credit Union plans automation expansion through chatbot
The MSU Financial Credit Union (MSUFCU) launched an artificial intelligence (AI)-powered external chatbot this year, but already the $6.6 billion...
Listen: Finastra’s head of cloud, core and digital talks banking strategy
Banks should look to expand their product portfolios and incorporate more services such as payments while embracing new technology, including...
OCC: Banks must prove they can manage stablecoin, crypto risk
The Office of the Comptroller of the Currency today published a legal interpretation of letters issued in July and October...
