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 ...
Tag: JPMorgan Chase
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 ...
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, ...
Alt Lender BlueVine Moves Into Larger Credits with New Loan Product
Aimed squarely at small- and medium-sized businesses, digital lender BlueVine on Monday launched a “Term Loan” product to diversify its ...
What Dimon’s Shareholder Letter Reveals About JPMorgan’s AI Approach
Jamie Dimon’s annual letter to shareholders, published this week, would indicate that if the JPMorgan Chase CEO wasn’t a believer ...
Bento for Business and Visa Team Up on Cash Flow for SMBs
B2B payment solutions firm Bento for Business today announced it has added Visa Business debit cards to its modular financial ...
Dimon Says JPMorgan Inspired, Worried by China Fintech Progress
Jamie Dimon recently sent some of his executives to China to scope out the competition in the financial-technology race. They ...
Movers and Shakers: Notable March Hires in Fintech and Banking
Goldman Sachs recently announced plans to hire more women and people of color. The bank wants to increase its representation ...
Traditional FIs Need to Launch Digital-Only Standalone Banks to Compete, Citibank Report Says
Challenger banks are posing a real threat to traditional banks. How real of a threat? According to a new Citibank ...
Bank Branches Embrace New Strategies as Closures Abound
The migration of consumers to online and mobile banking options, in addition to automation and other technological forces, has helped ...
