NatWest is driving its costs down by reducing branches, trimming headcount and simplifying operations.   “We incurred higher severance, branch...

IBM plans to acquire cloud services provider HashiCorp for $6.4 billion in cash.  HashiCorp has expertise in deploying multi- and...

Barclays is looking to cut costs through structural changes as it seeks efficiencies in the face of falling profits.  “We...

Lloyds Bank reported an increase in operating costs in the first quarter driven by higher inflation and increased investment in...

Navy Federal Credit Union selected SaaS core modernization provider Zafin to update its core and move away from its legacy...

Financial services technology provider Fiserv is deploying AI to drive productivity and sees growth opportunities in the point-of-sale and real-time...

Truist Bank expects to continue investing in technology to save money as it restructures.  “We continue to see improvements in...

Fifth Third Bank saved $15 million in the first quarter, partly driven by deploying automation throughout its operations.  “Expenses are...

KeyBank is using robotic process automation to boost efficiency without hiring more people.   The $189 billion bank has about 300...

BNY Mellon has selected technology services provider Accenture to enhance the bank’s data and analytics services.  The bank will use...