TD Bank uses tech modernization to improve agility
The $1.4 trillion TD Bank is rolling out a new initiative that will modernize its IT infrastructure by shifting more...
Retail Banking
AI-based risk modeling not a guarantee against recessionary impacts
NEW YORK CITY — The use of artificial intelligence-based risk modeling is far from foolproof in a recessionary environment. Image...
Scotiabank’s Scene+ mobile app adds another 200K users
Scotiabank's Scene+ loyalty rewards program and mobile app added 200,000 new members since January, helping to drive consumer use of...
Lenders to start acquiring fintechs to form ‘super apps’
Lenders may soon have the opportunity to acquire fintechs at depressed valuations as economic conditions decline and fintech operational costs...
US Bank launches Spanish voice assistant for auto loan servicing, banking
U.S. Bank’s Spanish-speaking customers can now service their auto loans by speaking into the bank’s mobile app. The Minneapolis-based bank...
Lenders use alternative data to expand auto books
Auto lenders in the first quarter leveraged TransUnion’s alternative data and underwriting models to expand their lending pools as the...
Listen: What quantum computing may mean for the finance industry
Quantum computing has implications for high-value challenges in finance, according to an industry expert. Quantum computing can be used to...
Listen: How automation is boosting PenFed’s annual origination assets to $15B
PenFed owes its multibillion-dollar growth in annual origination assets to a sweeping automation overhaul. The McLean, Va.-based credit union has...
Open Lending’s certified loan volume climbs 32% in Q1
Automation fintech Open Lending’s certified loan volume increased for the sixth consecutive quarter in Q1 as the automation fintech grew...
Envestnet announces cloud-based advisory tool and automation updates
Digital wealth management company Envestnet announced new technology platforms and an internal automation drive during its first-quarter earnings presentation last...
