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Similar to a bank system merger or migration, a blockchain core conversion project would likely take multiple years and cost tens, if not hundreds, of millions of dollars depending on the size of the bank.
November 1
Financial Innovation Laboratory at Hitachi -
A small New Jersey bank that is a so-called rent-a-charter partner of more than a dozen marketplace lenders has raised millions of dollars from some household names in the venture capital world.
November 1 -
The founder and president of Anthemis Group gets an early look at all types of fintech innovation. She's noticed that, no matter how different the ideas are, there is one underlying commonality in this sector: it's lacking something profound. Here are some small changes that could make a big difference.
November 1
Anthems Group -
TD Bank Group in Toronto will have a new president and chief executive for its U.S. banking unit next summer.
October 31 -
As more departments reach for a piece of the technology budget, banks need to improve coordination to make sure the money is spent efficiently.
October 31 -
Recipients of the 2016 FinTech Forward awards discuss how evolving technology will reshape banking in the years ahead.
October 31
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Marva Smalls has gotten comfortable with being uncomfortable throughout her career, and she advises others to do the same, particularly aspiring leaders.
October 31
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Sun Bancorps third-quarter profit declined, as the Mount Laurel, N.J., recorded almost $3 million of one-time gains a year ago. Suns expenses, however, continued to improve.
October 31 -
Hitachi Ltd. is introducing a system to protect people from being conned into transferring money from their bank accounts at automated teller machines.
October 31
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Heartland Financial in Dubuque, Iowa, has agreed to buy Founders Bancorp in San Luis Obispo, Calif.
October 31
