Shopify’s push into finance: Opportunity or threat to banks?
E-commerce platform Shopify has debuted a business checking account and payment installment option for customers, and financial institutions should take...
Banking
Letter from the Bank Innovation Chairman
Dear Community Member, Last year, we inaugurated the Bank Innovation Build conference to bring together industry participants to share best...
Citi’s new steering committee to drive digital transformation
Citibank’s Institutional Clients Group (ICG) is forming a steering committee to help the bank transition client interactions to digital channels. ...
Weekly Wrap: Plaid’s new platform and RBC’s ‘deep personalization’ efforts
Plaid made headlines this week with its new open banking platform, Plaid Exchange. The company told Bank Innovation it wants...
Inside Look: How ‘deep personalization’ steers RBC’s innovation
Banks have spent years trying to foster relationship banking through digital channels, and for Royal Bank of Canada, that means...
PNB, Nymbus launch digital bank Facile
Miami-based Pacific National Bank is using a stand-alone digital brand called Facile to reach younger customers and position itself for...
Sno Falls CU takes on startups with robo-adviser
Sno Falls Credit Union, which has 6,500 members, is launching a robo-adviser to boost its wealth management business and keep...
$15M bank looks for big profit via Finastra core
Barwick Bank is the smallest bank in Georgia, according to CEO Jim Bange, but the $15 million bank aims to...
IBM inks partnership with Canadian credit unions
A coalition of more than 75 Canadian credit unions wants to “future proof” its organizations through IBM. The coalition, Prairie...
Remitly taps Cross River to speed global payments as volume spikes
A new partnership between Cross River Bank and Remitly, a Seattle-based remittance company, has enabled Remitly customers to receive international...
