Santander tech spend down 10% QoQ, but efficiency up
Santander Bank is increasing efficiency and boosting sales even as it cut its technology spend by 10% in the second...
Banking
European banks tout Q2 AI adoption
Barclays, HSBC, Lloyds and NatWest reaped the benefits of AI in the second quarter, with the financial institutions reporting improved...
SoFi’s ‘one-stop shop’ strategy yields results
SoFi remains committed to investing in its tech stack to gain customers and to provide that tech to other FIs. ...
J.P. Morgan on agentic AI in embedded payments
J.P. Morgan Payments has implemented emerging technology into embedded finance to streamline processes, validate data and scale onboarding. “There’s a...
Fintech Funding: Fintechs raise $10.5B in Q2
Signs of a rebound in global fintech funding surfaced in the second quarter. Globally fintechs raised $10.5 billion in the...
Inside Bluevine’s strategy for developing AI-driven financial adviser and insights tool
Bank services provider Bluevine is developing AI-driven tools that provide financial advice and insights to small- and medium-sized business clients...
Discover integration cost Cap One $299M in Q2
Capital One expects the integration of Discover Financial’s operations and tech stack to be costlier than anticipated. The bank spent...
Digital banking transactions: Cross Valley FCU taps Mahalo
Cross Valley Federal Credit Union is using Mahalo as its digital banking provider. The $220 million credit union announced July...
KeyBank selects Personetics for behavioral banking
KeyBank has tapped cognitive banking provider Personetics to drive engagement with clients. The Tel Aviv-based AI-driven fintech will provide consumers...
Truist’s financial management tools see 40% jump in usage
Truist Financial is reaping the benefits of its tech investments as it sees increased adoption of its digital onboarding and...
