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Market Intelligence:
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Industry Data
  • Cyber security
    Digital banking's explosive growth compounds cyber risks, FBI warns

    Mobile banking use has swelled since the pandemic hit, and law enforcement officials expect hackers to target the credentials of digital novices. The FBI stressed the importance of two-factor authentication and ensuring consumers know how to spot fake apps that carry malware.

    Penny Crosman Cropped
    By Penny Crosman
    Executive Editor, Technology at Arizent
    June 15
  • Virtual assistants
    Turkish bank's virtual assistant strikes chord during a crisis

    The success of Isbank's Maxi service is a lesson for all banks: Chatbots, with the right training, can provide the kind of human touch customers need in times like these.

    By Miriam Cross
    Tech Reporter
    June 12
  • Cyber security
    Digital banking's explosive growth compounds cyber risks, FBI warns

    Mobile banking use has swelled since the pandemic hit, and law enforcement officials expect hackers to target the credentials of digital novices. The FBI stressed the importance of two-factor authentication and ensuring consumers know how to spot fake apps that carry malware.

    Penny Crosman Cropped
    By Penny Crosman
    Executive Editor, Technology at Arizent
    June 11
  • Small business
    Wave Financial bundles bookkeeping and banking in one account

    The maker of accounting and invoicing software is, with the help of a community bank, the latest fintech to cater to small-business owners.

    By Miriam Cross
    Tech Reporter
    June 11
    Kirk Simpson, co-founder and CEO of Wave
  • Digital banking
    JPMorgan Chase plans to let mobile customers scan in their receipts

    The company is partnering with Sensibill, a fintech whose technology turns photos of receipts into text and helps people track and manage their expenses.

    Penny Crosman Cropped
    By Penny Crosman
    Executive Editor, Technology at Arizent
    June 11
    A pedestrian walks past a JPMorgan Chase bank branch in Chicago on Oct. 12, 2019.
  • Digital banking
    The tech Sunrise Banks used to quickly dole out PPP loans

    After initially processing the loans manually, the Minnesota bank turned to "low code" software to build the electronic forms and workflows needed to approve loan applications. The result: a more than fivefold increase in the number of loans it could process in a day.

    Penny Crosman Cropped
    By Penny Crosman
    Executive Editor, Technology at Arizent
    June 10
    Brett Cooksey, chief information officer, Sunrise Bank
  • Digital marketing
    Problem for reopening branches: Does Google know when you’re open?

    Customers are turning to search engines and business portals to find out if their bank is open before checking the bank’s own website. Maintaining accurate information across the web has become even more important during the pandemic.

    By Miriam Cross
    Tech Reporter
    June 9
    Lincoln Parks, marketing director at Heritage Bank
  • Digital banking
    HSBC offers customer service through Apple Messages app

    The U.S. division of HSBC Bank has added Apple’s iMessaging feature to its suite of customer service channels. Instead of waiting on hold, customers can trade texts with an agent.

    By Miriam Cross
    Tech Reporter
    June 8
    HSBC headquarters
  • Marketplace lending
    How coronavirus pivot helped this British fintech land PNC

    The challenger bank OakNorth has been peddling its lending platform to U.S. banks for a year. When it saw COVID-19 on the horizon, it retooled to include a ratings system predicting how borrowers will be affected by the pandemic.

    John Reosti Author Image
    By John Reosti
    Reporter
    June 5
    Rishi Khosla, co-founder and CEO, OakNorth
  • Digital banking
    Citi sees surge in corporate online account opening amid pandemic

    The quarantine and Citi's shift from hardware to software tokens have led to a 300% spike in commercial clients' opening of accounts online as well as increased digital banking use.

    By Miriam Cross
    Tech Reporter
    June 4
  • Digital banking
    Punching above its weight: Small N.J. bank uses tech to take on big rivals

    David Howard's leadership of the OceanFirst digital strategy and innovation team that has developed a robo adviser, an Alexa skill and other cutting-edge tools earned him recognition as one of American Banker's digital bankers of the year.

    By Miriam Cross
    Tech Reporter
    June 3
    David Howard, president of digital strategy and innovation, OceanFirst Bank
  • Digital banking
    Varo Money gets new backers and closer to bank charter

    The mobile bank raised $241 million in its Series D round of funding, and expects to receive approval from regulators to become a nationally chartered bank this summer.

    By Miriam Cross
    Tech Reporter
    June 3
    Colin Walsh, founder and CEO, Varo Money
  • Digital banking
    The fresh ideas that inspired Bank of the West's digital makeover

    Many of the cultural changes instituted by Hisham Salama, one of American Banker’s 2020 digital bankers of the year, have led to a more agile tech team and higher customer satisfaction scores.

    By Miriam Cross
    Tech Reporter
    June 1
    Hisham Salama, executive vice-president, chief digital officer, Bank of the West
  • Digital banking
    Digital Banker of the Year: Quontic's Patrick Sells

    How a twentysomething marketing entrepreneur helped transform a small community development financial institution into a digital leader.

    By Matthew de Paula
    May 31
  • Digital banking
    Walmart, Green Dot inching MoneyCard closer to banking look-alike

    The reloadable debit card resembles a bank account with new high-yield savings account and other tweaks.

    Penny Crosman Cropped
    By Penny Crosman
    Executive Editor, Technology at Arizent
    May 27
    Walmart
  • Cyber security
    What ransomware attacks on vendors mean for banks

    Cybercriminals have targeted at least four financial services technology companies in recent months, potentially giving hackers back-door access to clients. Here’s how banks can guard against that.

    Penny Crosman Cropped
    By Penny Crosman
    Executive Editor, Technology at Arizent
    May 26
    Overview of ransomware attacks
  • Digital banking
    Smaller branches, more versatile staff: Citizens Bank's new normal

    The Rhode Island company's post-pandemic plan also includes returning some overseas call center functions to the U.S. and bringing its office staff back in phases, says CEO Bruce Van Saun.

    Penny Crosman Cropped
    By Penny Crosman
    Executive Editor, Technology at Arizent
    May 22
    "We're only going to invite people back to work," says Bruce Van Saun, the chairman and CEO of Citizens Financial Group. "It's not going to be compulsory."
  • Data management
    TD Bank confronts vexing problem of connecting disparate data

    The Toronto company is testing new software from Cinchy that lets its technology teams visualize how datasets spread across departments might work together to make client referrals or collaborate with fintechs.

    Penny Crosman Cropped
    By Penny Crosman
    Executive Editor, Technology at Arizent
    May 20
    Tim Clark, CIO, business segment technology, TD Bank
  • Digital banking
    The messaging tool that let Happy State Bank take its lending online

    The Texas bank is leaning on solutions from Lightico and MANTL to quickly set up accounts and handle loans when customers can’t sign documents in person because of the coronavirus emergency.

    By Miriam Cross
    Tech Reporter
    May 19
    Customer chat sessions at Happy State Bank
  • Paycheck Protection Program
    PPP lending helps brand-new bank get off to promising start

    Triad Business Bank in North Carolina, which opened in March, has made $106 million in Paycheck Protection loans.

    John Reosti Author Image
    By John Reosti
    Reporter
    May 17
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23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

Meet The Most Powerful Women in Banking 2025, our annual ranking of the executives at the pinnacle of the industry.

ABM1025_Cover.jpg

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© 2026 Arizent. All rights reserved.
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© 2026 Arizent. All rights reserved.