CIBC cites digital, cloud as key to 7% YOY growth
Canadian Imperial Bank of Commerce (CIBC) credits digital investments and a cloud-first strategy with its 2021 growth, which saw adjusted ...
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Crypto opportunity for community banks and credit unions
According to a survey recently commissioned by Finder, 23% of Americans own some form of cryptocurrency, reflecting an increase of ...
RBC sees 50% leap in digital financial advisory tool use
The Royal Bank of Canada (RBC) saw a 50% year-over-year spike in usage of its digital financial advisory tool for ...
National Bank of Canada looks to fintech, open banking in Q4 earnings
A focus on fintech innovation, open banking attainability, and year-over-year indicator growth marked Wednesday’s Q4 earnings call for the National ...
Crypto unlikely to survive as investment if unregulated, SEC chairman says
Cryptocurrency as an asset class won’t survive unless it’s properly regulated, and while it isn’t, investors face harm — and ...
Goldman Sachs launches Amazon-backed financial cloud service
Goldman Sachs announced Tuesday it is partnering with Amazon Web Services (AWS) on a cloud-based solution that helps financial services ...
Listen: 3 fintechs partner to distribute early tax refunds
With some $350 billion in U.S. tax refunds given each year, three fintechs have teamed up for Tax Refund Unlock, ...
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, ...
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 ...
