JPMorgan Chase increased technology spend during the fourth quarter of 2023 as all lines of business across the bank invested...

Citigroup’s restructuring efforts, investment in technology and reduction of overhead costs will result in a loss of 20,000 jobs, or...

Wells Fargo clients are migrating to lower-cost channels, resulting in reduced call volume and teller transactions for the bank.  ...

BNY Mellon’s technology spend accounted for nearly 30% of noninterest expenses in 2023 as the bank embraced new technology during...

Grasshopper Bank is working with account origination solution provider Mantl to make credit more easily available to the bank’s small...

Naveed Anwar, managing director and global head of digital and data platforms at Citi Treasury and Trade Solutions, will be...

Grasshopper Bank is looking to AI for internal and external uses as the technology is expected to streamline manual employee...

Bank of America added data insights to its CashPro platform as corporate and commercial clients asked for real-time treasury management...

Citizens Financial Group’s Citizens Pay is developing a new product offering to further enhance the platform’s ability to facilitate secure...

Citi plans to invest in payments, liquidity, trade finance and security services fintechs in 2024 despite ongoing changing macroeconomic conditions,...