Resources

It's been a rough year for fintechs and for the venture capital firms that fund them. Venture capital flows into financial technology companies dropped by 36% year over year to $6 billion in the third quarter of 2023. But Amy Nauiokas, founder and CEO of Anthemis Group, is optimistic about 2024.

Listen to this podcast with John Duigenan, General Manager, Global Financial Services Industry at IBM, to learn how bankers can seize opportunities to innovate and maximize the results of generative AI while ensuring the governance necessary for trusted results.

Data as of Sep. 30, 2023. Dollars in thousands.

Data as of Sep. 30, 2023. Dollars in thousands.

Data as of Sep. 30, 2023. Dollars in thousands.

The latest consumer survey report from Elan Credit Card and PYMNTS Intelligence reveals that 24% of consumers would most likely turn to a credit union or community bank for their next credit card – in many instances where these consumers already hold their primary bank account.

The latest consumer survey report from Elan Credit Card and PYMNTS Intelligence reveals that 24% of consumers would most likely turn to a credit union or community bank for their next credit card – in many instances where these consumers already hold their primary bank account.

For organizations impacted by Nacha's proposals, this will mean considerable planning. Will you be ready?

Over the past year, the national bank regulators' oversight of Silicon Valley Bank, Signature Bank, Silvergate Capital and other banks that failed has been criticized. Reports of a toxic workplace at the FDIC have come to light. And the OCC hired a Deputy Comptroller and overseer of fintech who had easily discoverable falsehoods on his resume. Michele Alt, cofounder and managing director at Klaros Group, explains what this might mean for banks in the coming year.

Banks are just beginning to get their arms around Generative AI—a truly once in generation technology that will impact banking in three key ways: by being embedded in operations, then transforming operations, and then helping banks innovate and differentiate. Keri Smith, Global AI Banking Lead at Accenture will share highlights from recent research about how GenAI will impact employee roles within banks.