Thursday: Join ‘The future of relationship banking’ Zoom meeting with TD...
Bank Innovation will host a virtual fireside chat titled “The future of relationship banking” on Thursday at 11:30 a.m. EST with Imran Khan, head of global digital experience at TD. The conversation,...
View ArticleVanessa Colella, Citi’s chief innovation officer, to headline BI Build fireside
Vanessa Colella, Citibank’s chief innovation officer and head of Citi Ventures, will sit down for a fireside chat at Bank Innovation Build, which takes place from Sep. 9-10 in a digital format. “Now,...
View ArticleAlly expands into home improvement financing
Ally Lending, the business-to-business-to-consumer lending arm of Ally Bank, today announced a partnership with Authority Brands to provide financing for customers for home improvements such as new...
View ArticleTruist taps clients to help revamp tech
Truist Bank, the result of the December SunTrust and BB&T merger, is building out its digital channels through daily customer feedback and regular client sessions at the bank’s innovation labs....
View ArticleMUFG partners with POS finance startup
On the heels of scoring an investment from MUFG Innovation Partners, point-of-sale finance platform ChargeAfter is exploring further partnership opportunities with the $2.8 trillion Japanese bank as it...
View ArticleChase taps Sensibill for receipt technology
JPMorgan Chase is integrating digital receipts technology from Sensibill to provide customers a more granular look at their spending. “The solution provides for personalized banking with data that...
View ArticleWeekly Wrap: Truist’s co-development focus and MUFG’s new partnership
Point-of-sale (POS) lending continues to make headlines. ChargeAfter, a POS lending startup, announced this week it is looking to expand its partnership with the Japanese banking giant MUFG. Truist,...
View ArticleBMO Harris expands True Name, revamps customer conversations
BMO Harris has rolled out new features and employee training to accommodate the bank’s transgender and nonbinary customers. “We introduced some training around the kinds of holistic conversations to...
View ArticleBBVA partners with Visa Direct, tees up product expansion
BBVA is developing additional features and products for its Open Platform service after integrating with Visa Direct to bring real-time payments onto the platform. The Birmingham, Ala.-based bank is...
View ArticleRemitr debuts SMB accounts to speed global payments
Canada-facing business payments platform Remitr has launched Global Business Accounts (GBA) to help small Canadian businesses make cross border transactions. GBA, free to Remitr customers, can hold...
View ArticleToo small to fail: Can small banks do what the giants can’t with digital...
Some of the largest banks in the world have stumbled this past year with their forays into stand-alone brands. Last summer, JPMorgan Chase shuttered its stand-alone app, Finn. Royal Bank of Scotland...
View ArticleWeekly Wrap: Banks tackle crisis CX and stand-alone brands
This week, Bank Innovation took a look a Verint report that ranked some of the country’s biggest banks based on their crisis customer experience during the COVID-19 pandemic. Smaller banks, meanwhile,...
View ArticleWirecard fights for survival as billions may not exist
Wirecard AG was left fighting for survival after acknowledging that 1.9 billion euros ($2.1 billion) that it had reported as assets probably don’t exist, deepening an accounting scandal that has...
View ArticleCheckout.com’s $150M Series B latest big bet on B2B payments
Business-to-business payments companies continue to score venture capital despite the market uncertainty caused by the COVID-19 pandemic. Checkout.com today announced a $150 million Series B that...
View ArticleMastercard takes step away from cards with $825 million deal
Mastercard Inc. made another push away from traditional card payments with an $825 million deal to acquire technology firm Finicity. The purchase gives Mastercard more tools that help banks speed up...
View ArticleFormer Wirecard CEO arrested, scandal prompts calls for reform
Wirecard AG’s former chief executive officer was detained by Munich prosecutors as the scandal over 1.9 billion euros ($2.1 billion) that went missing from the Germany’s fintech company triggered calls...
View ArticleCurrent to add cash deposit feature
Current, a New York-based banking platform, plans to add a cash-deposit feature to its banking app by early August, following the likes of Varo Money and Green Dot Unlimited. The challenger bank saw a...
View ArticleBBVA USA overhauls mobile app
BBVA USA today launched Mobile 9.0, its upgraded mobile app, featuring a more comprehensive and real-time view of customer transactions, called “Expanded Transaction Detail.” “We want to be 100%...
View ArticlePenFed, Genesis join Ally in home improvement finance race
Porch.com, an online platform that connects homeowners with contractors, launched Porch Financing Solutions on Monday, following the lead of Ally Financial, which debuted a similar home improvement...
View ArticleInside Look: The meteoric rise of point-of-sale lending in the U.S.
Almost a century ago, when the U.S. economy began to show signs of recovery after the initial shockwaves of the Great Depression, General Electric launched a point-of-sale lending product to provide...
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