Category: FinTech

  • Which European country worries the most about money?

    I just got pinged with some research about which countries are trying to save money the most from Finansvalp, a Swedish price comparison service and information site that writes about and compares banking services. Usually I ignore such surveys and press releases – as they are generally not that exciting – but this one intrigued……

  • Which European country worries the most about money?

    I just got pinged with some research about which countries are trying to save money the most from Finansvalp, a Swedish price comparison service and information site that writes about and compares banking services. Usually I ignore such surveys and press releases – as they are generally not that exciting – but this one intrigued……

  • Which European country worries the most about money?

    I just got pinged with some research about which countries are trying to save money the most from Finansvalp, a Swedish price comparison service and information site that writes about and compares banking services. Usually I ignore such surveys and press releases – as they are generally not that exciting – but this one intrigued……

  • Which European country worries the most about money?

    I just got pinged with some research about which countries are trying to save money the most from Finansvalp, a Swedish price comparison service and information site that writes about and compares banking services. Usually I ignore such surveys and press releases – as they are generally not that exciting – but this one intrigued……

  • Regional FIs deploy tech to remain competitive

    Regional banks are deploying technology to keep up with client demand and compete with major financial institutions.  The $62 billion Valley Bank joins other financial institutions, including the $18 billion Alliant Credit Union, $40 billion EverBank and $170 billion Navy Federal Credit Union, in investing in tech stacks to keep up with digital demands from…

  • TD Bank expects to pay $2.6B for US compliance lapse

    TD Bank took a provision of $2.6 billion in the third quarter as it estimates the cost of fines from its U.S.-based money laundering compliance lapses.  During the Canadian bank’s Q3 earnings call, Chief Executive Bharat Masrani gave an update on TD’s remediation program resulting from the U.S. money laundering investigations. He said the bank…

  • Transactions: FIs invest in credit decision platforms

    Gather Federal Credit Union has selected credit underwriting platform Zest AI to reduce fraudulent activity during the loan origination and decisioning process.  AI-driven Zest Protect can help financial institutions fight identity fraud and identify fake documents during the loan procedure, Adam Kleinman, head of strategy and client success at Zest AI, told Bank Automation News.…

  • ClearBank’s Jonny Fry featured fireside chat at Bank Automation Summit Europe 2024

    Jonny Fry, head of digital assets strategy at ClearBank and chief executive of TeamBlockchain, will be featured in a fireside chat at Bank Automation Summit Europe 2024 on Monday, Oct. 7, at 2:15 p.m. GMT +1.  The summit takes place Oct. 7-8 at the Hilton Frankfurt in Frankfurt, Germany, bringing together industry experts to discuss…

  • Sarah Buchner started as a carpenter when she was 12 — now her AI construction startup has raised $20 million

    Construction companies deal with a lot of documents — so many that it can be difficult to process and manage them all. According to one recent survey, a third of construction professionals found accessing documents to be a challenge in completing a project, while a fourth said that inaccurate project paperwork has contributed to a…

  • European transactions: Cockroach Labs, PwC UK team up on data sovereignty, modernization

    U.K. regulators are starting to look at the European Union’s Digital Operational Resilience Act, and are monitoring the resiliency and business continuity plans of critical industry enterprises, a trend that is leading to new transactions.   Software company Cockroach Labs Chief Executive Spencer Kimball told Bank Automation News, that the U.K. regs have led it…