Scotiabank’s active mobile users increase 13% YoY
Digital adoption continues to rise at Scotiabank, with active mobile users increasing 13% year over year and the percentage of ...
Tag: earnings
TD Bank to hire 2,000 technologists in automation, cloud and machine learning
TD Bank plans to hire more than 2,000 technologists in automation, cloud and machine learning this year as it continues ...
RBC says AI-trading platform gaining traction in ‘volatile times’
RBC is looking to its artificial intelligence electronic trading platform “Aiden” to steer global market clients through volatile times. Photo ...
HSBC tech spend climbs to $6B in 2021
HSBC plans to boost its technology spend to 21% of its operating expenses by 2025 as the bank experiences increased ...
AI-driven auto originations hit $4.1B through Upstart in 4Q
Artificial intelligence (AI)-based lending platform Upstart expects to facilitate $1.5 billion in auto loans on its platform in 2022 on ...
Temenos’ SaaS-related revenue shoots up 32% YoY to $35M
Core banking provider Temenos reported a 32% year-over-year increase in revenues related to their software-as-a-service (SaaS) offering. Photo by CanStock ...
Jack Henry to ‘unbundle’ core processing systems for the cloud in open banking strategy
Jack Henry is revamping digital banking strategy for its core business in a move to provide local and regional banking ...
Banking hardware veteran NCR shifts focus to digital banking and services-led strategy
NCR Corporation, traditionally known as an automated teller machine (ATM) provider, is shifting from hardware to focus on software and ...
Fiserv touts bank and fintech partnerships, 11% revenue growth in Q4 earnings
Core provider Fiserv’s market strategy continues to focus on bank partnerships and fintech acquisitions as revenues grow and development picks ...
PayPal’s technology and development spend up 9% YoY
PayPal Holdings Inc.’s technology and development spend in Q4 2021 reached $796 million, a 9% year-over-year increase. The payment company ...
