Is Cross River Bank’s $100 Million Fund Raise a Positive Sign for Alternative Lenders?
Cross River Bank’s recent $100 million funding round could be an encouragement to lending-focused fintechs, which are currently being warned ...
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Silicon Valley VCs Boost South Korean Fintech Toss to Unicorn Status
Viva Republica, the operator behind digital wallet Toss, became South Korea’s latest unicorn after an influx of $80 million announced ...
JPMorgan Chase’s Finn Ads Are Online Because Its Target Customers Are Online
JPMorgan Chase released a new online ad for its digital bank Finn on Wednesday. The spot focuses on Finn’s auto-saving ...
Why Lloyds Bank Is Moving Its Core to the Cloud in 2019
Lloyds Bank plc plans to deploy a new core from cloud banking provider Thought Machine in 2019 as part of ...
Wells Fargo Plans to Update Customers’ In-App Payment Experience in 2019
Wells Fargo & Company plans to reconfigure its mobile and payments experience in 2019. Originally announced in May 2018, “Pay with ...
Bank CEOs, Bullish on the Economy for Now, Sound Off on Tech Spend
Chief executives at the country’s three biggest banks are sounding bullish on banking this coming year despite a looming threat ...
Q2’s Acquisition of Gro Came Through an Investor Introduction
The digital banking software provider Q2 Holdings announced yesterday it had acquired Atlanta-based digital sales platform Gro Solutions. This acquisition, the ...
Comerica Bank Turns to Virtual Reality to Train Employees
Does virtual reality have a role to play in today’s banking landscape? Comerica Bank’s innovation team thinks so, which is ...
Bank of America SMB Loan Origination Up 6% Despite Crowded Lending Scene
Even with more nontraditional players making more loans to small businesses, loan origination at Bank of America is still up ...
FinAi News’s Top 5 Stories of 2018
It’s been an interesting year. Bitcoin is no longer enjoying the limelight, non-bank giants like Amazon, Walmart and Google have ...
