BofA Opening More Financial Centers to Support Digital Strategy
While many banks are shutting down branches, Bank of America is adopting a "high-tech, high-touch" strategy, which will result in ...
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New Mastercard Rewards Program Features Automatic, Instant Redemption
Mastercard today announced the rollout of a streamlined real-time rewards program that eschews the traditional multi-step path to redeeming rewards ...
Citigroup Attributes Q1 Deposit Growth to Its Digital Channels
Citigroup's digital channels are crucial to growing its new-to-bank customer deposits, according to CFO Mark Mason, who reported single-digit YOY ...
Goldman Sachs Focused on Diversifying Bank after ‘Muted’ Quarter
Reimagined products and services with new technology are on the front burner, albeit over low heat, at Goldman Sachs after ...
JPMorgan Chase’s Tech Spending to Flatten, CFO Says
JPMorgan Chase's technology spending is expected to level out moving forward as the bank modernizes and more processes are digitalized, ...
Nexi Raises $2.3 Billion in Europe’s Largest IPO in 2019
The initial public offering of payment-service company Nexi SpA raised 2.01 billion euros ($2.3 billion), making it the biggest listing ...
Mass Personalization With ML Said to Be Limited to Mega Banks Today
Banks increasingly tout the potential for machine learning and artificial intelligence to transform the industry, but how many are deploying ...
Fintechs Ramp Up Hiring as Big Banks Cut Jobs, Turn Defensive
As many of Europe’s biggest financial firms trim staff and brace for Brexit, their emerging competitors are charging ahead at ...
Prospects for More De Novo Digital Banks Come Into Clearer Focus
Get ready for more banks. Digital ones, that is. New data shows that consumers -- and financial institutions -- are ...
New Biz Dev Head at BBVA Compass Sets Priorities Around Leveraging Data
BBVA Compass, the U.S. arm of Spanish giant BBVA, has a new head of business development, Jose Luis Elechiguerra, whose ...
