Weekly Wrap: Zelle pushes into business payments and banks adopt fusion centers
Zelle is moving beyond peer-to-peer and pushing into business-to-consumer territory. “Not only we, at Wells Fargo, but Early Warning and ...
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Government intelligence-style ‘fusion centers’ on the rise at big banks
Big banks are taking inspiration from government intelligence agencies when it comes to combating cybersecurity threats as command centers become ...
Community bank, hungry for market share, tees up tech launches
The Peoples Community Bank, a $300 million institution near Madison, Wis., is beginning to upgrade its core tech stack after 30 years in ...
Inside the plan to get Netflix’s $100M fund to Black-owned businesses
Hope Credit Union and Local Initiative Support Corporation (LISC), two financial institutions that received part of Netflix’s $100 million commitment ...
Banks eye savings as businesses automate payments
More businesses are turning to automated payments, a shift that is streamlining banks’ manual workflows to process their commercial clients’ ...
Suncrest Bank eyes small dollar lending to buoy PPP
Suncrest Bank, a commercial lender in the Greater Sacramento area, is expanding into the small dollar loan market this year ...
Citi, IFC launch $800M economic relief fund for emerging markets
Citibank and the International Finance Corporation (IFC) have launched a $800 million fund to support trade finance and trade flows ...
Wirecard flourished in regulatory blind spot that’s growing
Wirecard AG’s collapse displayed a growing blind spot for the guardians of the world’s financial system: how do you regulate ...
Zelle pushes into business payments, eyes expansion into consumer-to-business services
Zelle is getting down to business. Peer-to-peer payments network Zelle is looking to expand its business-to-consumer offering to service corporate ...
Affirm rides savings account momentum
Point-of-sale lender Affirm is gaining traction with its newly launched savings product, Chief Capital Officer Geoff Kott told Bank Innovation. “Americans ...
