Things we’re reading today include … Revolut engineers who received £80k bonuses in 2019 are now sitting on £600k+ (efinancialcareers.co.uk) Fintechs set for ‘substantial uptick’ in stock market listings as UK investment rebounds (cityam.com) Big banks pass Fed stress test as they fight stricter capital rules (yahoo.com) Central banks urged to keep pace with ‘game……

U.S. Bank has teamed with debit fintech Greenlight Financial Technology to help parents teach financial literacy to their children.  “U.S. Bank is the first financial institution to offer Greenlight through an embedded mobile app experience,” Brandon Horne, general manager of partnerships at Greenlight, told Bank Automation News. “We were able to have Greenlight’s tech embedded…

Investment firm FTV Capital is expanding its European presence with a London office.  The London team of six, led by Richard Earnshaw, will “work on deals in collaboration with FTV’s U.S. offices, and we will be able to leverage expertise from both sides of the pond to strengthen our robust pipeline of European investment opportunities,”…

U.S. Bank is working on AI-driven solutions for its small and medium-sized business clients to improve their operations.  “By no means is it as easy as just deploying AI into the ecosystem without taking into consideration some of the challenges it comes with,” Shruti Patel, chief product officer for business banking, told Bank Automation News.…

BNY looks to client feedback and demand when planning the product pipeline within its technology arm, Pershing X.  “We’re hearing feedback from our clients, and we’re delivering solutions based on what we’re hearing,” Noam Tasch, head of revenue at Pershing X, told Bank Automation News.  For example, last year, the bank launched its advisory product…

Point-of-sale financing as an alternative payment method is a growing opportunity for lenders, technology company Pagaya’s President Sanjiv Das says on this episode of “The Buzz” podcast.   According to auto lender and Pagaya partner Ally Financial, POS financing is expected to reach a value of more than $81 billion by 2030.   POS financing has…

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Thinking about banking conferences over the years, there are three main messages that are presented by people on stage: Banks won’t exist in ten years Banks will exist, but it’s all going to be very different Banks will exist, and it’s going to be a lot like today Let’s take #1: Banks won’t exist in……

Things we’re reading today include: Alipay+ sees 67% rise in transactions during first week of Euro Championship EU prosecutors launch bombshell corruption probe into former European Investment Bank chief – POLITICO HSBC Leads $250 Million Loan to Fintech Startup FundPark – Bloomberg US Bank Capital Rules: Federal Reserve Floats Weaker Version of Planned Overhaul –……

I measure a lot of technology change by music. Growing up, years ago, there was nothing more satisfying than buying a vinyl record from a record shop. The smell and feel of the record; placing it on the turntable; listening to the songs in the order they were written; looking at the artwork of the……