WSFS taps blockchain firm Intain to automate capital markets transactions
WSFS Bank is working with Intain, a blockchain firm based in Chennai, India, to help automate capital markets transactions. The...
Amazon offers cashierless checkout to retailers, challenging startups
The rollout of Amazon’s cashierless checkout technology stack to other retailers could amount to a double-edged sword for payments startups...
Canadian VC Portag3 taps new partner to ‘plant flag in Silicon Valley’
Canadian venture capital firm Portag3 Ventures has appointed Chris O’Neill as partner in an effort to shore up its presence...
How Rising Bank hit $150M in deposits in one year
The inability to reach someone outside of business hours is a source of friction for some digital bank customers, but...
Embedded finance’s new frontiers: insurance, health care
SEATTLE -- Embedded finance, or the concept of payments and banking being appended to other consumer use cases, is quickly...
Bankers and aggregators disagree on data-sharing approaches
The parameters around how consumer financial information should be shared with third-party apps and platforms was the subject of debate...
Citizens looks to employees to evolve product roadmap
A “Shark Tank”-style pitch competition has been launched at Citizens Bank, allowing employees to compete for internal innovation fund dollars...
Envestnet executives mum on Yodlee sale, despite revenue pressure
The impact of Visa’s Plaid acquisition for $5.3 billion continues to fuel speculation about the future of data aggregator Yodlee,...
With CardWorks, Ally gains tools to broaden customer reach
On Tuesday, Ally Financial announced plans to acquire CardWorks, a non-prime card and consumer finance lender, for $2.65 billion, a...
Moody’s: I-Banks spend $72B annually to fend off fintechs
Global investment banks are making major digital investments to keep pace with fintechs, Moody’s Investors Service reported in a research...
