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For years, I’ve said that Big Tech will crunch the periphery of finance – payments, cards, credit and such like – but will not try and dig into the core of deposit-taking banking because it’s too regulated and difficult. Instead, they are far more likely to partner with banks than do banking. That view still……

Open banking regulation should promote secure data sharing while eliminating the need for screen scraping.   In the United States and Canada, screen scraping is still a common practice, Michelle Beyo, chief executive at consulting firm Finavator, said during this week’s Bank Automation News webinar, “The future of open banking – Payments meet data.” An estimated…

Citizens Bank has teamed up with Navan to provide its commercial customers with travel expense solutions.  “Dynamic travel policies are in demand given the changing landscape in travel and the unique needs of companies and employees,” Rodrigo Sanchez, head of commercial card solutions at Citizens, told Bank Automation News. “Clients are also looking for ways…

Things we’re reading today include: Inside the Bank of London, the unicorn that had an ‘immediate’ need for cash (ft.com) Dutch bank ING to ditch climate laggards as clients (ft.com) Politicians have hidden behind the Bank of England for far too long (telegraph.co.uk) How Fintech Innovations Are Powering Volt Payment Solutions — TFN (techfundingnews.com) Volt……

You may have seen my shameless plug of the new book Intelligent Money: When Money Thinks For You … well, here’s another one. After a podcast with my friends in Finland, who quite like my thinking, Pål Krogdahl wrote up his thoughts on our chat on LinkedIn. I really enjoyed his summary, so here it is. Meanwhile, you can……

TD Bank named Raymond Chun its incoming chief executive today after current CEO Bharat Masrani announced plans to retire in April.  Chun, who serves as the bank’s group head of Canadian personal banking, will become chief operating officer Nov. 1 as he plans to step up as CEO on April 10, Masrani said today during…

Open banking regulation set to finalize this fall will boost small- and medium-sized-enterprise access to financial services, experts said this week in the Bank Automation News webinar, “The future of open banking – Payments meet data.”  “I see SMEs as one of the biggest winners from an open banking, open finance perspective,” Michelle Beyo, chief…

For years, I’ve said that Big Tech will crunch the periphery of finance – payments, cards, credit and such like – but will not try and dig into the core of deposit-taking banking because it’s too regulated and difficult. Instead, they are far more likely to partner with banks than do banking. That view still……

For years, I’ve said that Big Tech will crunch the periphery of finance – payments, cards, credit and such like – but will not try and dig into the core of deposit-taking banking because it’s too regulated and difficult. Instead, they are far more likely to partner with banks than do banking. That view still……

For years, I’ve said that Big Tech will crunch the periphery of finance – payments, cards, credit and such like – but will not try and dig into the core of deposit-taking banking because it’s too regulated and difficult. Instead, they are far more likely to partner with banks than do banking. That view still……