Lessons learned from the Paycheck Protection Program
Nearly 18 months ago, Congress, the White House, and the financial services industry undertook an unprecedented joint effort to inject...
Banking
Chase’s 2022 digital banking trends
This year, as individuals across all segments of our society continued to navigate the pandemic, we were forced to examine...
HSBC, Wells Fargo use distributed ledger technology in FX payment trade
HSBC and Wells Fargo are performing Payment vs Payment (PvP) foreign exchange trade settlements using distributed ledger technology. The system...
Listen: Citizens finds customers want digital banking with a hint of human interaction
Digital banking usage is up, with 90% of consumers and 86% of businesses reporting that they use digital channels for...
Citi adds real-time account verification, billing tools to invoicing platform
Citigroup has integrated real-time account verification and payment tools into its Citi Present and Pay commercial invoicing platform. The white-label...
Goldman Sachs’ CEO David Solomon talks fintech valuation
Many fintechs have not yet reached a point of long-term viability, and very few are actually making any money, Goldman...
UiPath reports 50% revenue growth to $220.8M
Robotic process automation (RPA) vendor UiPath saw revenue skyrocket in Q3 to $220.8 million, a 50% year-over-year increase. The company...
State Street, Vanguard pilot tests live trade on blockchain, smart contracts
State Street announced Monday it had completed a margin calculation process for a live trade of a 30-day foreign exchange...
Credit unions can innovate with more preparation
Credit unions may be slower to adopt technologies like artificial intelligence (AI) and machine learning (ML), but they have the...
Neobanks, fintechs up the ante on gig economy, microbusiness services
The opportunity is ripe for neobanks and fintechs offering targeted services for gig workers, freelancers and microbusinesses, a labor market...
