Deals and Dollars: Thought Machine secures $200M in funding, raises valuation to $1B
A pair of $200 million funding series C rounds capped off a strong week for fintechs, with major financing going...
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Listen: Weekly Wrap explores lessons learned from Canadian earnings week
In this week’s podcast, the Bank Automation News editors discuss the technology lessons that can be gleaned from the earnings...
CIBC cites digital, cloud as key to 7% YOY growth
Canadian Imperial Bank of Commerce (CIBC) credits digital investments and a cloud-first strategy with its 2021 growth, which saw adjusted...
RBC sees 50% leap in digital financial advisory tool use
The Royal Bank of Canada (RBC) saw a 50% year-over-year spike in usage of its digital financial advisory tool for...
National Bank of Canada looks to fintech, open banking in Q4 earnings
A focus on fintech innovation, open banking attainability, and year-over-year indicator growth marked Wednesday’s Q4 earnings call for the National...
BMO Chief Information Officer Atul Verma joins Bank Automation Summit
Atul Verma, chief information officer of U.S. personal and business banking at Bank of Montreal (BMO), will join a panel...
Goldman Sachs launches Amazon-backed financial cloud service
Goldman Sachs announced Tuesday it is partnering with Amazon Web Services (AWS) on a cloud-based solution that helps financial services...
Listen: 3 fintechs partner to distribute early tax refunds
With some $350 billion in U.S. tax refunds given each year, three fintechs have teamed up for Tax Refund Unlock,...
Scotiabank’s growing digital engagement, process automation led to branch, staff reductions
Accelerated customer adoption of digital channels and internal processes automation at Scotiabank this year led to an increase in efficiencies,...
Nasdaq partners with Amazon to move market trading to the cloud next year
Nasdaq Inc. partnered with Amazon.com Inc. to shift its North American markets to the cloud starting in 2022. The move...
