Zelle overshadows Venmo with record payments volume
In the battle over U.S. mobile person-to-person payments, Zelle topped Venmo — at least last quarter. In the third quarter...
Aite Group ranks fintechs on commercial loan automation
Abrigo, nCino and Baker Hill are leading the field in automating commercial loan origination. The vendors notched impressive scores in...
Movers and shakers: Notable October hires in fintech and banking
October has seen many new hires in banking and technology around the industry. Big banks like Fifth Third, U.S. Bank...
New AI takes on consulting, CRM
Banks are betting on artificial intelligence to change the future of work. Image via Skan “Much of risk compliance and...
OCC to use new data to reach underbanked
The Office of the Comptroller of the Currency wants to use new data sources to determine creditworthiness and give underbanked...
Ditching the branch is a mistake, Forrester predicts
Banks that go fully digital as a result of COVID-19 could regret the move. “Banks shouldn’t abandon the branch but...
Georgia’s smallest bank has new tech and big dreams
The transformation of Barwick Bank began in 2019 with a note left in Chad Bowling’s unlocked Range Rover. Bowling, a...
Startup Promise aims to modernize municipal payments process
Promise wants to help consumers stay on the government’s good side by keeping them out of debt. The 3-year-old social...
API-based data sharing ‘ahead of the adoption curve,’ FDX’s Cardinal says
Banks and fintechs are moving away from credential-based data sharing as they migrate to API-based solutions. Don Cardinal, managing director...
BofA Zelle numbers jump $7 billion quarter over quarter
Bank of America customers sent $39 billion through Zelle during the third quarter, up from $32 billion last quarter. Image...
