Vaidik Trivedi

Banks with more than $1 trillion in total assets are developing and deploying AI and generative AI at twice the...

Transactions: Fiserv teams up with DoorDash for embedded financing

October 23, 2024

E-commerce giant DoorDash has teamed up with fintech Fiserv for embedded finance services. “This solution enables DoorDash to offer its...

Fiserv expands digital banking offerings to meet growing demand

byVaidik Trivedi

October 22, 2024

Banks are investing in their digital banking offerings and Fiserv has launched a new platform to meet those needs. Fiserv...

Commonwealth automates majority of underwriting with AI

byVaidik Trivedi

October 21, 2024

Commonwealth Credit Union is using Zest AI’s underwriting solution to speed up customer service and improve risk modeling and accuracy...

Ally focuses on digital experience in face of outflows

byVaidik Trivedi

October 18, 2024

Ally Financial expects deposits to flow out as interest rates go down, but it is looking to digital tools and...

A Toronto-Dominion (TD) bank in downtown Montreal, Quebec, Canada, on Thursday, April 28, 2022. Five Canadian banks had their price targets cut an average of 6% at RBC Capital Markets on prospects that escalating macro risks could weigh on profits.

TD invests in leadership, data to improve AML compliance

byVaidik Trivedi

October 17, 2024

TD Bank is bolstering its anti-money-laundering practices with leadership changes and investment in data and technology following regulatory scrutiny resulting...

Signage is displayed inside the American Express Co. Centurion Lounge during a media preview event at Los Angeles International Airport (LAX) in Los Angeles, California, U.S., on Thursday, March 5, 2020. AmEx has told shareholders that spending on membership services, which includes its lounge collection, will be its fastest-growing expense this yearcost decisions that came prior to the current crimp on global travel due to coronavirus. Photographer: Patrick T. Fallon/Bloomberg

Revolut Business, Amex team up for payments acceptance

byVaidik Trivedi

October 16, 2024

London-based Revolut Business is accepting American Express cards to boost revenue. Revolut clients can accept American Express card payments via...

Goldman Sachs Group Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, June 28, 2024. Wall Street traders sent stocks toward fresh all-time highs as signs of inflation cooling reinforced bets the Federal Reserve will be able to start cutting interest rates this year. Photographer: Michael Nagle/Bloomberg

Goldman narrows consumer footprint

byVaidik Trivedi

October 15, 2024

Goldman Sachs is trimming its consumer business in the third quarter, turning its attention to bread-and-butter segments including wealth management,...