Digital banking
Digital banking
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SunTrust is turning to fintech to help it provide better payments solutions to its business customers. The approach is novel because so much of fintech innovation centers on overhauling retail banking.
February 12 -
For the second year of their Financial Solutions Lab competition, the Center for Financial Services Innovation and JPMorgan Chase are looking for companies that would help people prepare for and weather financial shocks.
February 12 -
Bank of Prairie Village in Kansas went through a core conversion last year. Its chairman hopes that his sons, who are set to take over the bank eventually, won't be afraid to embrace new technology since they've experienced the scariest of all bank IT projects.
February 11 -
Banks' in-house venture funds tend to favor mature fintech companies, but BBVA's establishment of an outside fund should help the bank get in on the ground floor with early-stage companies.
February 11 -
Inspired by marketplace lenders, Live Oak Bancshares created a largely digital product that can make a credit decision on a small-business loan within 48 hours. The product, which combines human decision-making and automated credit scoring, could go national as early as next year.
February 11 -
The Madrid-based bank announced Thursday that it will invest $250 million in Propel Venture Partners.
February 11 -
Frandsen Financial took the industry's plan to allow faster payments as a call to action. It invested in automation software, which allowed employees previously bogged down with manual tasks to focus on more meaningful duties.
February 10 -
Banks are coming up short in trying to keep pace with other more advanced app providers, but emulating these five steps taken by nonbanks can help drive mobile engagement.
February 10 -
Several big banks have promised their customers cardless ATMs this year, but customers of the $1.2 billion-asset Avidia have been able to get cash without taking out their cards since last summer.
February 9 -
Orrstown Bank launched several innovative Web initiatives in 2015, including a SMS two-way texting platform and a Zillow-like feature that displays housing listings on its Web presence.
February 9 -
Financial institutions that are considering technology to power digital and mobile payments have an unconventional choicethe underlying blockchain structure that enables bitcoin to hasten execution and cut costs.
February 9 -
Eastern Bank turned to YouTube videos as a way to connect with customers it picked up in a recent acquisition in New Hampshire. It even got a little help from Rob Gronkowski of the New England Patriots.
February 8 -
First National Bank of Central Texas is now arming its bankers with iPads so that they can open accounts for small-business customers on the road.
February 7 -
Developers will now be able to access much of Visa's technology and services as the card network looks for ways to meet the demands of consumers increasingly relying on connected devices to transact.
February 4 -
Rather than partner with a startup, 45-year-old Equitable Bank in Canada created a separate brand, EQ Bank, to acquire customers who are ready for an account without a debit card.
February 4 -
Financial companies from SunTrust to SoFi will be advertising in Sunday's game a rare sight in recent years despite the estimate $5 million price tag.
February 4 -
It is outside the realm of possibility for bitcoin's blockchain to serve any useful purpose for the intermediaries it was designed to replace.
February 4 -
SunTrust Banks in Atlanta has committed $50 million to a credit facility for the online small-business lender Credibly.
February 3 -
Here are the most common mistakes that would-be financial services disruptors make on their way to trying to execute a great idea and business plan.
February 3 -
Bank of America's blockchain patent push shows how bankers' attitudes toward the technology of cryptocurrencies have changed over the last few years from dismissing it, to sizing it up to trying to protect their interests in it.
February 3





