Arc hires former FRB, SVB employees
Former Silicon Valley Bank and First Republic Bank employees are knocking on the door of digital bank Arc to fill...
Integrating First Republic Bank, JPM tech stacks
JPMorgan Chase acquired First Republic Bank this morning after regulators stepped in over the weekend to facilitate the sale of...
AWS customers optimize cloud spend in Q1
Amazon Web Services customers looked to cost savings within their cloud spending amid economic turbulence in the first quarter. “Our...
SVB, Fed guilty of poor management
Silicon Valley Bank and federal regulators alike let poor management slide for several years — leading to the largest banking...
Q&A with Lee Wetherington, senior director of corporate strategy at Jack Henry
Financial services technology provider Jack Henry is looking to technology to address changes in today’s payments landscape and client concerns...
Banks prioritize tech spend in Q1
Tech spend remained strong overall in the first quarter as the industry prepped for an economic downturn, and turbulence swept...
Google invests in AI, cloud in Q1
Google focused on three areas of AI in the first quarter: developing large language models, empowering developers with Google tools...
Transactions: Santander offers early paydays via DailyPay
Santander Bank tapped earned wage access fintech DailyPay to offer its commercial banking clients an on-demand payment method. Earned wage...
Fiserv preps clients for FedNow launch in Q1
Tech provider Fiserv started prepping select clients for the July launch of the Federal Reserve’s real-time payment network, FedNow, in...
Wire fraud up 18% since SVB collapse
The collapse of Silicon Valley Bank opened a door of opportunity for fraudsters to take advantage of bank clients who...
