Category: FinTech

  • 60 seconds to midnight

    I grew up with lots of things, but one that struck me in the heart was a song Seven Minutes to Midnight that came out in the late 1970s (showing my age). What did the song mean? I discovered it related to the Doomsday Clock, the clock that measured the threats to our planet and……

  • 60 seconds to midnight

    I grew up with lots of things, but one that struck me in the heart was a song Seven Minutes to Midnight that came out in the late 1970s (showing my age). What did the song mean? I discovered it related to the Doomsday Clock, the clock that measured the threats to our planet and……

  • 60 seconds to midnight

    I grew up with lots of things, but one that struck me in the heart was a song Seven Minutes to Midnight that came out in the late 1970s (showing my age). What did the song mean? I discovered it related to the Doomsday Clock, the clock that measured the threats to our planet and……

  • 60 seconds to midnight

    I grew up with lots of things, but one that struck me in the heart was a song Seven Minutes to Midnight that came out in the late 1970s (showing my age). What did the song mean? I discovered it related to the Doomsday Clock, the clock that measured the threats to our planet and……

  • 60 seconds to midnight

    I grew up with lots of things, but one that struck me in the heart was a song Seven Minutes to Midnight that came out in the late 1970s (showing my age). What did the song mean? I discovered it related to the Doomsday Clock, the clock that measured the threats to our planet and……

  • Movers & Shakers: Envestnet CEO Crager stepping down

    Bill Crager will step down as chief executive of wealth tech company Envestnet on March 31.  Crager was CEO for 24 years and plans to serve as a senior adviser for the Berwyn, Pa.-based company, focusing on client and partner relationships, according to a Jan. 8 Envestnet release.  Board Chair James Fox will serve as…

  • U.S. Bank looks to other industries to spark AI innovation

    U.S. Bank technology leaders attend the Consumer Electronics Show every year to spark innovation ideas for the bank’s research and development team; this year the focus was on all things AI.  “What we’re here for is to see what everybody else is doing with [AI],” Chief Innovation Officer Don Relyea told Bank Automation News at…

  • Huntington CTO to retire

    Huntington Bancshares Chief Technology and Operations Officer Paul Heller is set to retire March 1.  Heller has built the technology operations throughout the $187 billion, Columbus, Ohio-based bank since 2012, according to a Jan. 10 bank release. As Heller retires, the bank’s executive team is getting an overhaul. On March 1, the bank will make…

  • Fifth Third to up tech investment in 2024

    Fifth Third Bank expects to increase noninterest expenses slightly in 2024 as technology investment ticks up at the bank. Noninterest expenses in the fourth quarter fell 7% year over year to $1.5 million, but are expected to increase 1% overall in 2024, Bryan Preston, executive vice president and chief financial officer, said during today’s Q4…

  • Ally sells POS financing business to Synchrony

    Ally Financial today agreed to sell its point-of-sale financing business along with its loan books to Synchrony Financial for an undisclosed price.  The $196 billion Detroit-based bank is looking to simplify its organization and move away from sectors where it has no scale to grow after the banking crisis of 2023, Chief Executive Jeffrey Brown…