Fifth Third takes ‘head-to-head’ approach with fintechs, big banks
As it undergoes a core upgrade, builds on its digital banking services and continues to increase technology spend, Fifth Third ...
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Citizens’ active mobile users jump by 20% YoY
Citizens Financial Group is pushing usage of its mobile and digital channels in hopes of shifting branches to focus on ...
Goldman Sachs looks to grow Marcus platform
Now five years into its Marcus retail digital bank offering, Goldman Sachs saw 17% year-over-year net revenue growth in the ...
Bank of New York Mellon to boost 2022 tech spending
The Bank of New York Mellon will increase its technology spend next year in an effort to build its platform ...
Digital shortfalls may be biggest threat to community FIs
Consumers and businesses have high opinions of community financial institutions (FIs) but increasingly demand digital banking services, so "for community ...
PNC cuts nearly 600 apps for BBVA conversion
PNC cut nearly 600 apps during its $11.5 billion acquisition of BBVA, which closed in June. That's roughly one app ...
State Street sees CRD tech acquisition pay off with 22% YOY revenue growth
State Street saw 22% year-over-year growth in revenue from deployments of Charles River Development (CRD), a front-office software firm it ...
Expensify files for IPO
Cloud-based expense management software provider Expensify last week filed an initial public offering (IPO) for its common stock with the ...
Truist sees significant growth across digital assets in Q3
Truist saw significant increases across its digital portfolio in the third quarter with 58% growth in Zelle use over the ...
Deals and Dollars: Banks look to cloud tech, fintech funding on the rise
Banks this week announced deals to implement cloud-based services and core systems to unify and streamline services; meanwhile, investments in ...
