RBC to save $541M with HSBC integration
Royal Bank of Canada is on target to fully integrate HSBC Canada into its operations within the next two years. ...
Transactions: Cache Valley Bank selects Finastra for core and digital banking
Cache Valley Bank has selected fintech Finastra for its core banking and digital banking offerings. The Logan, Utah-based bank will...
Scotiabank reports rising digital banking adoption in Q2
Scotiabank saw digital adoption among customers and its tech spend tick up during its fiscal second quarter 2024. The Toronto-based...
FedNow, RTP interoperability is inevitable — down the line
The Clearing House’s Real Time Payments network and The Federal Reserve’s FedNow network are prepared to tackle interoperability eventually —...
Nvidia Q1 data center revenue up 427%
Nvidia’s data center revenue skyrocketed during its fiscal first quarter 2025 as companies look to the chip-making giant for AI...
Transactions: Fintech Lili teams up with AWS for gen AI chatbot
Fintech Lili, which provides a business platform for small and medium-sized businesses, has teamed up with Amazon Web Services to...
JPMorgan identifies 3 gen AI uses
JPMorgan Chase has identified three uses for generative AI to boost efficiency. “AI, and particularly large language models, will be...
JPMorgan KYC operations up to 90% more productive with AI
JPMorgan Chase is reaping rewards in know-your-customer operations from deployment of AI. The bank processed 155,000 know-your-customer (KYC) files in...
SEC plans to tighten data breach regulation
The Securities Exchange Commission has proposed stricter regulations on how financial institutions deal with data breaches as cyberattacks climb. The...
75% of global banks unprepared for open banking
Most financial institutions are not ready for open banking, but the tedious task of prepping bank platforms can be streamlined...
