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4 risks new tech creates for banks
While some banks are beginning to embrace cryptocurrency and other innovations in the decentralized finance space, financial institutions should be...
TD Bank touts digital progress, posts 20% growth in 2021
Noting its digital banking advancements, TD Bank Group reported net income 26% lower year over year for the fourth quarter,...
Deals & dollars: Thought Machine secures $200M in funding, raises valuation to $1B
A pair of $200 million funding series C rounds capped off a strong week for fintechs, with major financing going...
Listen: Weekly Wrap explores lessons learned from Canadian earnings week
In this week’s podcast, the Bank Automation News editors discuss the technology lessons that can be gleaned from the earnings...
CIBC cites digital, cloud as key to 7% YOY growth
Canadian Imperial Bank of Commerce (CIBC) credits digital investments and a cloud-first strategy with its 2021 growth, which saw adjusted...
Crypto opportunity for community banks and credit unions
According to a survey recently commissioned by Finder, 23% of Americans own some form of cryptocurrency, reflecting an increase of...
RBC sees 50% leap in digital financial advisory tool use
The Royal Bank of Canada (RBC) saw a 50% year-over-year spike in usage of its digital financial advisory tool for...
National Bank of Canada looks to fintech, open banking in Q4 earnings
A focus on fintech innovation, open banking attainability, and year-over-year indicator growth marked Wednesday’s Q4 earnings call for the National...
Crypto unlikely to survive as investment if unregulated, SEC chairman says
Cryptocurrency as an asset class won't survive unless it's properly regulated, and while it isn't, investors face harm — and...
BMO Chief Information Officer Atul Verma joins Bank Automation Summit
Atul Verma, chief information officer of U.S. personal and business banking at Bank of Montreal (BMO), will join a panel...
