Square Will Reapply for Banking License with the FDIC After Last Week’s Withdrawal
Payment processor Square has withdrawn its application to become a deposit-taking bank, a move similar to online lender Social Finance ...
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Chatbots to Save Banks $11 Billion in Costs by 2023
Bank of America has Erica, Capital One has Eno, Bank of Montreal has Bolt. Safe to say that most major ...
Bento for Business Sets Big Goals with $9 Million in Funding
Bento for Business wants to provide its customers with money management tools combined with banking solutions, similar to the personal ...
HSBC Employs a Robot to Increase Branch Traffic [Video]
If you walk into HSBC‘s flagship New York branch, the chances that you will be greeted by a robot are ...
How the Innovation Team at BBVA Compass Focuses on Needs, Revenue
BBVA Compass, the U.S. arm of the Spanish bank BBVA, has no designated innovation head. Instead, all innovation initiatives fall ...
Zelle and Insurance on the Roadmap for BBVA Compass’s Mobile App
PREMIUM – The mobile app is at the top of most banks’ digital strategy. This is especially true for José ...
Should a Bank’s API Collection Be Considered a Channel or Product?
PREMIUM — APIs — application programming interfaces — are still in their early days in banking, but are starting to ...
Poland’s Alior Bank to Launch Standalone Challenger Bank
PREMIUM – Add another challenger bank to the mix, this time in Eastern Europe. Polish bank Alior is working on ...
Credit Unions Move (Slowly) Toward Zelle
PREMIUM – Millennials have Venmo, banks have Zelle, but what’s the P2P payments preference for credit unions? It’s not that ...
Bank of America’s Goal Is to Have 50% of Sales Come Through Digital
PREMIUM – Digital channels will play a larger role in increasing Bank of America’s deposit growth, a key part of ...
