Scotiabank’s growing digital engagement, process automation led to branch, staff reductions
Accelerated customer adoption of digital channels and internal processes automation at Scotiabank this year led to an increase in efficiencies, ...
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Listen: Opportunities in crypto for banks, FIs
As interest and investment in cryptocurrency spikes this year, banks and financial institutions (FIs) must decide whether and how to ...
FDITECH Sprint attracts AWS, Google and fintechs to solve financial system challenges
The Federal Deposit Insurance Commission (FDIC) recently made available the demos of its first FDITECH Sprint, a contest held in ...
MSU Financial Credit Union plans automation expansion through chatbot
The MSU Financial Credit Union (MSUFCU) launched an artificial intelligence (AI)-powered external chatbot this year, but already the $6.6 billion ...
How businesses can use virtual cards to fight AP fraud and boost efficiency
Why virtual cards matter: The cost of accounts payable (AP) fraud can be high for businesses. Nearly one in four companies report a payment fraud attack each ...
Listen: Finastra’s head of cloud, core and digital talks banking strategy
Banks should look to expand their product portfolios and incorporate more services such as payments while embracing new technology, including ...
Neobanks, fintechs up the ante on gig economy, microbusiness services
The opportunity is ripe for neobanks and fintechs offering targeted services for gig workers, freelancers and microbusinesses, a labor market ...
OCC: Banks must prove they can manage stablecoin, crypto risk
The Office of the Comptroller of the Currency today published a legal interpretation of letters issued in July and October ...
KeyBank acquires fintech XUP Payments to streamline automation, embedded banking
KeyBank has acquired fintech XUP Payments and will use the B2B digital payments platform to expand its embedded banking strategy ...
Banks, fintechs automate business treasury functions
PNC, Citi and Bank of the West are all offering solutions that automate their business customers' treasury functions, including real-time ...
