I just got a note about how email marketing is essential for financial services firms. Really? Email is dead. Email began in the 1980s, and spread rapidly. I learned very early on about the dangers and opportunities of emailing. Specifically, my then boss told me to cancel a programme that the US bosses had endorsed….…

I just got a note about how email marketing is essential for financial services firms. Really? Email is dead. Email began in the 1980s, and spread rapidly. I learned very early on about the dangers and opportunities of emailing. Specifically, my then boss told me to cancel a programme that the US bosses had endorsed….…

I just got a note about how email marketing is essential for financial services firms. Really? Email is dead. Email began in the 1980s, and spread rapidly. I learned very early on about the dangers and opportunities of emailing. Specifically, my then boss told me to cancel a programme that the US bosses had endorsed….…

Welcome to TechCrunch Fintech (formerly The Interchange)! We’re back after a brief hiatus, and I can tell you that judging by the volume of pitches I received last week, venture investing in the fintech space is definitely picking up. This week, we’re looking at Plaid’s latest step toward an IPO, one BNPL company’s financial results,…

Nvidia Corp.’s stock has rallied so much this year that it’s now threatening to overtake Amazon.com Inc. to become the fourth most valuable US company. Having added nearly Tesla Inc.’s entire market capitalization in the past two months alone, Nvidia is worth $1.74 trillion, just shy of Amazon at $1.77 trillion. Google-owner Alphabet, the third…

Buy now, pay later provider Affirm reduced overall operating expenses for the fourth consecutive quarter as operational efficiency and consumer growth remained a priority.  Tech and data analytics spend, which totaled $59 million during the quarter, was down 32% year over year, according to Affirm’s earnings supplement for the fiscal second quarter, which ended Dec.…

Banks are identifying uses for generative AI and finding ways to make it effective and responsible.  According to a Dec. 11 report by consulting giant EY, 100% of respondents said they are either already using or plan to use generative AI within their institutions. The report surveyed 300 executive directors, managing directors or higher at…

BNY Mellon has expanded its use of Microsoft for cloud services and AI models, according to a Feb. 5 release from the bank.  The $30 billion bank will integrate its financial data with Microsoft Azure to create AI-driven models that its clients can use for services like wealth management, BNY Mellon Chief Growth Officer Akash…

Jack Henry updated its tech modernization strategy during its fiscal second quarter, the technology provider announced during its earnings call today.  “This strategy is changing how we deliver our solutions through a cloud-native, API-first environment, using several key benefits embedded in the Google Cloud platform, including cutting-edge security and business continuity advancements,” Chief Operating Officer…

Maria Mason, enterprise product manager at Citizens Bank, will speak at Bank Automation Summit U.S. 2024 about strategies for automating real-time payments.  Bank Automation Summit U.S. 2024 takes place March 18-19 at the Omni Nashville in Nashville, Tenn., and brings together industry experts to discuss innovation in real-time payments, AI, RPA and more.  View the…