Technology
Technology
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Banks, fintechs and credit unions are cautiously investing in technology and customer experience as next year's economy remains uncertain.
December 19 -
Banco Bradesco, Brazil's second-biggest bank by market value, plans to buy more minority stakes in tech companies to accelerate its expansion in the United States.
December 19 -
Investors are learning the hard way, again, that highflying new financial products, with little or no regulatory oversight, tend to crash.
December 19 -
The former chief innovation officer at Quontic Bank and American Banker's 2020 Digital Banker of the Year is offering seminars, a bank-fintech matchmaking platform and a fintech investment fund.
December 16 -
The National Credit Union Administration can no longer examine third-party vendors and service providers. That leaves the industry vulnerable to cybercriminals and other bad actors.
December 16 -
First United Bank in Oklahoma developed a personal finance platform with a fintech that appears to be driving a rush of new savings accounts at the bank.
December 15 -
The Small Business Administration must be prepared to effectively oversee any new lenders it allows in its flagship 7(a) loan guarantee program to guard against fraud and other risks, Democrats and Republicans on the Senate Small Business Committee warned.
December 14 -
The app, Magnusmode, includes illustrated instructions for depositing a check, using an ATM and more. M&T Bank was its first U.S. bank partner.
December 14 -
Mitsubishi UFJ Financial Group is in talks to invest about $200 million in Akulaku, an Indonesian online lender backed by Jack Ma's Ant Group, according to people familiar with the matter.
December 14 -
Harris, who leads the New York State Department of Financial Services, will join the Financial Stability Oversight Council next year. She will replace Charles Cooper of Texas as the representative of state bank supervisors.
December 14 -
The deal is the banking titan's latest investment in fintech.
December 13 -
Regulators are chastising banks for compliance lapses among their fintech partners. But some say the software companies that connect them share some responsibility.
December 13 -
The U.K. exchange will spend at least $2.8 billion on cloud services from the tech giant over the next decade.
December 12 -
WaFd Bank is using conversational artificial intelligence to make the contact center and online chat experience smoother for both customers and agents.
December 12 -
A special-purpose acquisition company is merging with a bank as its affiliated startup still lacks its own national bank charter.
December 9 -
Financial institutions are contributing to open source projects and value them more than ever, a survey finds.
December 8 -
In a tight job market, banks are exploring new ways to find the employees they need.
December 8 -
Markus Braun makes his first public appearance in court on Thursday, more than two years after his highflying digital-payment company Wirecard collapsed under the weight of fraud allegations.
December 8 -
The bank will apply the company's AI first to its risk models, an HR avatar and a metaverse presence.
December 7 - AB - Technology
Houston-based Save, which lets consumers save and invest from the same account, closed on its most recent round of funding last month, led by BNP Paribas and joined by Webster Bank.
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