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Bank of America, which spends about $1 billion a year handling cash, will save money and require fewer employees as more customers make payments electronically, Chief Executive Officer Brian Moynihan said.
August 4 -
The startup firm Paymency is seeking to offer an API-driven "banking-as-a-platform" service to the U.S. financial services industry.
August 3 -
Bots have slowly begun to creep onto the online payments scene, and they could offer a whole new, simpler way to part with our cash.
August 3
SecurionPay.com -
What was true in the late 1700s, the 1970s and the 1980s is still true today: bank customers want to interact with real-life people when managing finances.
August 2
K.H. Thomas Associates -
A handful of banks and fintech companies are letting bank customers connect via chat bots on platforms like Slack of Facebook messenger. Some say this is the next big thing, while others say the technology still has a ways to go.
August 1 -
The private equity firm GTCR is interested in fintech companies looking to disrupt the status quo, so long as they have proved themselves and are paired with managers who have a long track record of success.
July 29 -
Pokémon Go has taken the U.S. by storm, to put it mildly. For an app that was released very recently, it already has more users than Twitter and is beating Facebook on daily engagement.
July 29
Cardlinx -
The popular German digital startup Fidor Bank has agreed to be acquired by Groupe BPCE, the second-largest French bank.
July 28 -
Banks need to improve their use of technology designed for small-business customers soon, or risk losing them.
July 28 -
A less discussed but arguably more important application of the blockchain is to help serve the unbanked masses, including refugees.
July 28
PricewaterhouseCoopers -
Banks can borrow some of the best practices from mobile-first fintech firms in order to compete with startups for millennials.
July 28
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Despite the hurdles facing technology giants in offering payments services, they remain keenly interested in the sector and more traditional service providers should stay on alert.
July 26
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Large incumbents can effectively pursue and cultivate disruptive innovation without buying a disruptor. Here's how.
July 26
Pace Harmon -
B of A says customers are becoming inundated with wallet options, so they are holding out on building their own.
July 25 -
N26, a Berlin startup that offers financial services directly to consumers, said Thursday it's received a German banking license that will let it offer a fuller range of products across Europe.
July 21 -
Morgan Stanley outlined its plans for deploying automated advice tools, with executives emphasizing that it was only a part of its digital strategy.
July 21 -
Amalgamated Bank and Banco Popular, financial institutions with niche appeal, are rolling out national online platforms, calling into question what it means to be a community bank today.
July 20 -
Keefe Bruyette & Woods and Nasdaq have launched an index that tracks fintech companies.
July 19 -
Some banks are looking to reenter small-dollar consumer lending now that a recent CFPB proposal has given them greater regulatory clarity. But they may need help from technology companies to make a very labor-intensive business more profitable.
July 18 -
Santander is throwing another $100 million into its fintech venture investment fund, Santander InnoVentures.
July 18



