M&A: nCino to acquire FullCircl for $135M
Technology provider nCino Oct. 30 announced plans to acquire SaaS platform FullCircl for $135 million cash. The acquisition will...
Banking
PNC dashboard puts data sharing in customers’ hands
PNC is developing a decisioning dashboard that will give customers control over where their financial data is shared. The Section...
Chase launches Customer Insights tool for 5M SMB clients
JPMorgan Chase is providing its Customer Insights tool to nearly 5 million small business clients, offering data and analytics for...
CFPB fines VyStar Credit Union $1.5M for ‘bungled’ platform rollout
The Consumer Financial Protection Bureau fined VyStar Credit Union $1.5 million today for the botched rollout of a new online...
Financial inclusion boosted by AI, open banking, education
Financial education, accessibility and overall inclusion has improved as technology has advanced in the past decade but many consumers remain...
Transactions from Money20/20: Citi, Google Cloud expand AI and cloud strategy
Citi is expanding its use of Google Cloud to access the cloud provider’s generative AI capabilities. Rohit Bhat, general manager...
Bank of America patent portfolio includes 1,100 AI patents
Bank of America has secured nearly 1,100 AI and machine learning patents since 2022 as it continues to invest in...
Signature Bank of Arkansas taps CSI for Spanish-language offerings
Signature Bank of Arkansas has started a bilingual branch network called Banco Si to serve Spanish-speaking customers in-person and online,...
Core providers can help FIs prepare for open banking
Banks should look to their core providers to ensure they have the API frameworks to be compliant with this week’s...
Capital One spends $63M on integration of Discover
Capital One invested heavily in integrating Discover Financial Services in the third quarter as it prepares to acquire the company,...
