Varo’s bank charter process a test for consumer banking startups
This week, digital banking startup Varo received approval from the Federal Deposit Insurance Corporation, a significant milestone in the company’s...
Banking
Wells creates new digital innovation group as part of organizational overhaul
As part of a comprehensive organizational overall, Wells Fargo & Co. has created a group to focus on strategy, digital...
Capital One’s Eno evolves to give proactive advice
Capital One is determined to turn its digital assistant Eno into an affable, personal finance watchdog to build loyalty between...
Edison Partners’ Ford: Alternative banks are improving financial services
Kelly Ford of Edison Partners As the number of challenger banks increases, so do the number of options and access to financial...
Fiserv: Open banking key to banks’ survival
As banks continue to explore best practices around handling customer data, insight from core technology provider Fiserv suggests open banking...
Jack Henry the newest core provider to offer a digital bank in 90 days
Core providers are rolling out digital bank toolkits that can launch a new offering within 90 days, and Jack Henry...
Bank of America scored 418 technology patents in 2019
Bank of America obtained more patents last year than any other year in the history of the company. In 2019,...
Credibly taps Truepic to save money and speed up loan applications
Credibly, a small-business lending company that’s issued more than $1 billion in loans, is using image verification technology from tech...
Weekly Wrap: Challengers court immigrants, as Kasisto evolves ‘banking brain’
Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, Feb. 7, 2019. In this...
Buckets and Boosters: Ally automates saving
Ally Bank is taking a page from fintech startups by rolling out auto-save features to encourage better money habits among...
