Digital banking
Digital banking
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Ant Group's Singapore digital wholesale bank will start offering loans to small and medium-sized businesses, as the Chinese fintech giant extends its reach in the city-state.
November 3 -
Traditional banks are focusing on wealth management services in the next wave of digitization as retail banking returns weaken amid a proliferation of online consumer platforms.
October 27 -
The mobile service provider is offering many standard digital banking features alongside payments to Mexico. One expert is skeptical it will stand out.
October 27 -
Masons Financial will make it easier for lodges to collect dues and for members to pool money for charity.
October 26 -
The bank is using Google Assistant technology to power its virtual assistant, Fargo, according to Michelle Moore, head of digital at Wells.
October 24 -
The San Jose, California-based credit union completed its first out-of-state expansion with a virtual branch in Idaho's tech hub, to be followed soon by a brick-and-mortar location.
October 21 -
The Rhode Island bank continues to build out a national consumer banking platform, while also reducing its exposure to higher-risk asset classes as the economic outlook darkens.
October 19 -
Sixteen bank members of the Alloy Labs Alliance have come up with a set of rules for banking as a service, and who is responsible for what.
October 19 -
The prepaid card and digital banking company promoted its chief financial and operating officer, George Gresham, to chief executive.
October 17 - AB - Technology
The main goal of Frsh is to help people protect their earnings from the fees of check-cashing facilities and predatory loans.
October 13 -
WaFd Bank is benefiting from strong demand for real estate development loans, even in the face of rising interest rates. It's looking for ways to slow growth to maintain its capital levels, CEO Brent Beardall says.
October 5 -
The partners aim to lend $150 million in the next three years to sellers from "socially and economically distressed communities."
September 29 -
The claim that these arrangements are unregulated is inaccurate, and instead, more oversight would destroy the benefits of banks working with fintechs on consumer products.
September 29 -
JPMorgan Chase's U.K. digital lender has attracted 1 million customers in its first year of operation, making it one of the U.K.'s most popular neobanks.
September 28 - AB - Technology
A deluge of password resets in 2021 led the bank to rethink its digital banking authentication process.
September 26 -
Reports of the death of branch banking have been greatly exaggerated.
September 26 -
The additional data that will become available as the economy slows should reveal the true strength of the technology companies some banks are working with and that should inform whether more regulation is required.
September 20 -
The bank's web- and mobile-based chatbot was built using software from Amazon.
September 15 -
Singapore country head Shee Tse Koon describes the bank's push to create a massive marketplace that offers everything from hotel reservations to health care.
September 8 -
The bank received 341 technology patents in the first half of the year and says it has more patents than any other financial services company. However, executives have acknowledged that they aren't all usable.
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