Platforms

The pandemic will have an impact on customer adoption of digital technologies. Financial institutions and fintechs can achieve growth by gaining consumers' trust and changing their mindset about new platforms.

The bank is testing the emerging technology with IBM in an effort to speed up risk analysis and derivatives pricing.

Flybits is building a marketplace to connect banks with third parties that might want to share data across channels.

The British startup OakNorth sees U.S. community and regional banks as good prospects for its lending technology.

CariClub crunches employee data to connect young banking professionals with nonprofits on the hunt for junior directors.

Thanks to big tech companies, the business world is moving to third-party platforms, or online marketplaces where buyers pull sellers' products off digital shelves. A growing number of financial institutions — including BBVA, Citi and community banks like Eastern — say they can't afford to sit out the trend.

The Boston bank said the digital lending platform has cut down the time it takes to deliver loan decisions by roughly 40%.

The London company unveiled FusionFabric.cloud at Money 20/20 Europe this week.

The $142-billion asset bank expects to deepen relationships with existing customers and add new ones, by collaborating with Intellect Global Transaction Banking to develop new services.

Nymbus is offering its bank clients a service to create a digital brand under their existing charter in as little as 90 days.