I’ve asked myself this question often recently: could the banking system be run outside the banking system? I guess the start point of this discussion is: what is the system? Just like to be or not to be, that is the question. What is the system? It’s a debate I’ve been having for years –……

I’ve asked myself this question often recently: could the banking system be run outside the banking system? I guess the start point of this discussion is: what is the system? Just like to be or not to be, that is the question. What is the system? It’s a debate I’ve been having for years –……

I’ve asked myself this question often recently: could the banking system be run outside the banking system? I guess the start point of this discussion is: what is the system? Just like to be or not to be, that is the question. What is the system? It’s a debate I’ve been having for years –……

In Informed’s 2023 loan technology survey, a noteworthy 68% of organizations reported harnessing the power of artificial intelligence (AI) in loan processing and funding. (This year’s report isn’t yet out, but spoiler alert – this number rose to 76%) The statistic underscores a significant shift in the industry towards embracing cutting-edge technology. However, equally compelling…

SUMA Wealth’s platforms have seen 62% annual user growth, while revenue increased nearly five times in the past year. © 2024 TechCrunch. All rights reserved. For personal use only.

Two years ago Stuart Kirk, the then head of responsible investing for HSBC, delivered a mic dropping speech at the FT Moral Money conference. What did he say? Here’s a few quotes: “Who cares if Miami is six metres underwater in 100 years? Amsterdam has been six metres underwater for ages, and that’s a really……

Fiserv saw an increase in payments revenue during the fourth quarter as its financial institution clients looked to join new payment rails and grow deposits.  Payments revenue during Q4 increased 3% year over year to $1.8 billion, according to Fiserv’s earnings supplement.  “Our discussions with banks and credit unions indicate that they remain poised to…

UBS continues to integrate Credit Suisse into its operations, dealing with high general and administrative costs related to the acquisition.  “There is a significant amount of restructuring and optimization that must take place over the next three years before we can harvest the full benefits of the combination,” Chief Executive Sergio Ermotti said during UBS’…

Financial institutions are looking to technology providers to keep up with digital capabilities requested by clients.   Based on consumer needs, technology service provider Fiserv is “making a big bet across all of our digital assets,” Fiserv’s President of Core Banking and Integrated Solutions Dudley White tells Bank Automation News on this episode of “The…

Two years ago Stuart Kirk, the then head of responsible investing for HSBC, delivered a mic dropping speech at the FT Moral Money conference. What did he say? Here’s a few quotes: “Who cares if Miami is six metres underwater in 100 years? Amsterdam has been six metres underwater for ages, and that’s a really……