BofA’s Bessant: Need to guard against bias in AI banking tools
With the barrage of AI-based banking tools on the market, cultural- and gender-based algorithmic biases are top of mind for...
Banking
Payday advance app Earnin expands personal finance toolkit
Payday advance app Earnin, which has been downloaded more than 11 million times according to Aptopia data, is on track...
Scotiabank revamps mobile banking app
Scotiabank launched its new app on Tuesday morning with a simplified user experience that includes the ability to transfer money...
BofA’s Bessant: Need to guard against bias in AI banking tools
With the barrage of AI-based banking tools on the market, cultural- and gender-based algorithmic biases are top of mind for...
Fintech Revenue to More than Double by 2024
A new study from Juniper Research expects fintech revenue will grow 59 percent over the next five years. The digital...
Despite Growth, Questions Remain with Challenger Bank Numbers
With hefty injections of cash and ballooning customer numbers, challenger banks are gunning for a greater share of incumbent banks'...
German fintech Raisin to enter U.S. market next year
A savings and investment platform based in Germany is opening up a new front in the war for U.S. customers'...
nbkc bank Taps Finastra to Build Conversational Banking App
Kansas City-based nbkc bank is building a conversational banking app with Finastra on the vendor’s growing FusionFabric.cloud open platform. The...
CULedger partners with R3 on blockchain-powered cross-border payments
A credit union consortium is working on a blockchain-based payments tool aimed at serving 89,000 credit unions globally. CULedger, a...
ATM numbers shrink as cashless trend grows in major markets
As a growing number of consumers swap out cash for mobile or card payments, ATM numbers globally have begun to...
