Bank of the West to launch account for eco-friendly customers
Bank of the West is currying favor with customers who care about environmental sustainability. Doconomy The bank, which is a...
Strategy
Risk reduction, API connectivity to gather steam in 2020, say DTCC executives
While industry players have noted the emergence of fintech "ecosystems" to lock in customer relationships, others point to embedded “experiences” based...
Weekly Wrap: Ongoing ‘platformification’ to continue in 2020
Welcome to the latest episode of our Weekly Wrap video series, for the week ending Friday, December 20, 2019. In...
Core banking startup Neocova to serve challenged niche of small banks
The popular refrain in the industry is "innovate or die," but community banks face added obstacles resulting from the costs...
OnDeck CEO Noah Breslow on building a community business bank
Small business lending company OnDeck is expanding its ecosystem of products. Through its application for a bank charter, the company...
Rebundling of services to continue in 2020, BMO’s Ben Schack says
Ben Schack, head of U.S. digital partnerships, BMO Financial Group Throughout 2019, banks continued to partner with startups in their...
State Street launches digital asset pilot with Winklevoss-led Gemini Trust
With its 227-year history, State Street is pushing ahead on its digital assets strategy. This week, the bank launched a...
Fed Governor Brainard highlights Facebook Libra’s risks
Federal Reserve Governor Lael Brainard As large tech and payments companies bail on Facebook’s Libra digital currency project, Federal Reserve...
The future of banking is about data-driven experiences and not products: HSBC
The bank of the future will cease to be about specific products and services. Instead, it will offer embedded "experiences"...
Morgan Stanley sees threats to legacy core providers’ business models
Core banking providers FIS and Fiserv face pressure from banks' growing in-house tech investments as well as fintech competition, Morgan...
