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Retail Banking

11/26/2024

Mastercard and J.P. Morgan to Streamline B2B Payments with Blockchain

This collaboration aims to streamline cross-border business transactions by offering a faster and more transparent settlement process, reducing friction and enhancing the efficiency of commercial transactions.

11/22/2024

BNY to Manage U.S. Department of the Treasury's Largest Prepaid Debit Card Program for Federal Benefits - Direct Express®

With a strong focus on customer experience and an expansive suite of services tailored to the program's customer base

11/20/2024

BMO Recognized for Digital Innovation, Customer Experience and Delivery Excellence with Five Global Retail Banking Innovation Awards

These awards are yet another recognition of BMO's commitment to tangible innovation

11/14/2024

Strivr Unveils Off-the-Shelf XR Solution to Support Retail Banking Training Needs

Strivr suggests that, to meet job demands as well as customer expectations, associates need effective training tools.

11/05/2024

Bank of America announces More Rewards Day for Nov. 7

These rewards will be applied to the first $2,500 in purchases, 5,000 points and 5,000 bonus miles.

10/31/2024

KlariVis Announces 2024 Banking on Brilliance Award Winners

List highlights top data-driven, innovation-minded women in community bank leadership

09/26/2024

VersaBank Recognized for continuing leadership in banking technology

Bank Named CIO Awards Canada Winner by IDC and CIO

09/25/2024

Bank of America to open 165 new branches by end of 2026

The bank aims to open these new centres across 63 markets, with nearly 40 planned for this year, adding to the more than 100 centres opened over the last two years.

09/18/2024

Global Finance Names The Best SME Banks 2025

Winners have also been named in 72 countries, territories and districts and six US regions.

09/03/2024

RBC looks at HSBC Canada acquisition as a catalyst for “accelerated growth”

RBC’s HSBC Canada deal positions it as the bank of choice for newcomers and commercial clients with international needs.

09/02/2024

Wells Fargo Employee Found Dead At Her Desk 4 Days After Clocking In

At 4:55 p.m., authorities declared Prudhomme dead at the scene, according to local outlets citing Tempe police.

08/08/2024

NerdWallet to cut workforce by 15% as part of restructuring plan to reduce operating expenses

The company revealed the restructuring plan with the publication of its Q2 2024 financial results

08/07/2024

PayPal extends Fastlane to all US merchants

Merchants often lose sales due to lengthy guest checkout experiences.

07/30/2024

AppBrilliance brings real-time payments to closed-loop digital wallets in the US

This represents a clear opportunity for expanding payment solutions in the U.S. that AppBrilliance's Money API™ is positioned to accelerate with real-time payments for digital wallet funding.

07/24/2024

Morgan Stanley Expansion Capital acquires stake in global payments fintech Sokin

Whilst Morgan Stanley Expansion Capital has led the transaction, it also includes investment from prominent US investors

06/28/2024

Bank of America backs Simply Asset Finance

The feature will allow Simpli to increase in lending by 30% by neatly £100 million within a year.

05/31/2024

Bank of America CEO says U.S. consumers and businesses have turned cautious on spending

Consumer spending via card payments, checks and ATM withdrawals has grown about 3.5% this year to roughly $4 trillion, Moynihan said.

05/25/2024

Banking on cloud: TowneBank primes for continued growth with SAS

Midsize bank uses cloud-based solutions from SAS to tackle regulatory compliance, navigate risk and wow its members

05/09/2024

Cotribute Named Finalist in 2024 Banking Tech Awards USA

Digital Platform named a finalist in two categories, Best Embedded Finance Solution and Best Community Bank/Credit Union Modernization

05/09/2024

Fitch downgrades New York Community Bancorp to 'BB' on near-term earnings pressure

The lender had said it expected annual loss to be between 50 cents and 55 cents in 2024

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