Bank of America headcount down 25% since 2010, CEO Brian Moynihan says
Brian Moynihan hit his 15th anniversary as chief executive at Bank of America this week and shared how automating tasks...
Banking
TD to implement up to 2K tech ideas from employees in FY25
TD Bank is driving innovation internally by encouraging employees to submit their tech ideas to enhance the bank’s product offerings...
94% of FIs expect higher data spend in 2025
Financial institutions are bracing for higher data budgets in 2025 primarily driven by cloud infrastructure and AI technology. Nearly 94%...
Open banking helps WECU increase funding by 10%
Bellingham, Wash.-based credit union WECU has increased funding through its digital channels by 10% since implementing open banking in 2022. ...
Fintech Mantl enters loan origination market
Account origination solutions provider Mantl is adding consumer and business loan origination technology to its platform. The solution, Mantl Loan...
Walmart’s fintech races to $2.5B value in omen for banks
Walmart Inc. is pouring more firepower into its fledgling financial venture, scoring a $2.5 billion valuation for the startup and...
Banks balance physical, digital demands
Financial institutions are balancing their investment in physical branches and digital capabilities as consumers continue to demand an omnichannel banking...
Transactions: Citizens First Bank taps WaveCX
Citizens First Bank is tapping fintech WaveCX to enhance digital engagement between banking employees and customers, and provide employee training. ...
4 Canadian banks spent $1.3B on tech stack mergers in 2024
Royal Bank of Canada, TD Bank, National Bank Canada and Scotiabank spent close to CA$1.8 billion ($1.3 billion) integrating the...
ConnectOne Bank to fully implement Mantl, ZSuite software by yearend
ConnectOne Bank is finalizing the implementation of technology by account origination solutions provider Mantl and commercial escrow and sub-account system...
