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Business Banking

Arc sees 12X originations growth after SVB collapse

byVaidik Trivedi

March 18, 2024

NASHVILLE, Tenn. — Arc Technologies charted a 12X increase in loan originations year over year in 2023, as it gained...

APWHY? Public APIs, Automation, and The Strategy Banks Are Missing

byWorkato

March 15, 2024

We Were Promised Flying Cars In 2014, Gartner predicted over 75% of the Fortune 1000 would have public APIs by...

Podcast: Grasshopper CEO Butler talks growth

byWhitney McDonald

March 14, 2024

Grasshopper Bank is investing in its digital offerings to meet its clients where they want to be met — whether...

Deals and Dollars: Billions pour into neobanks, established fintechs

Podcast: Digital bank grows account volumes by 420%

byWhitney McDonald

March 12, 2024

Fintel Connect helps Live Oak Bank increase its deposit volume. The digital, FDIC-insured bank looked to affiliate marketing platform Fintel...

ClearBank eyeing EU license

byVaidik Trivedi

March 11, 2024

Bristol, U.K.-based ClearBank has applied for a license to expand its services to Europe in search of growth. ClearBank officials...

Truist nears sale of insurance arm to Stone Point, CD&R

byBloomberg News

February 20, 2024

Truist Financial Corp. is nearing a deal to sell a majority stake in its insurance brokerage business to Stone Point...

Grasshopper Bank tech leader to speak at Bank Automation Summit U.S. 2024

byVaidik Trivedi

January 31, 2024

Luther Liang, director of product at Grasshopper Bank, will speak at Bank Automation Summit U.S. 2024 about new approaches to...

Brex lays off nearly 20% of workforce

byVaidik Trivedi

January 23, 2024

Expense management company and neobank Brex announced today it will lay off 282 employees, roughly 20% of its workforce. The...

A Citibank branch in Washington, DC, US, on Saturday, Nov. 18, 2023. Citigroup Inc. will start a round of job cuts as soon as Monday as part of its sweeping reorganization, according to a person briefed on the matter. Photographer: Nathan Howard/Bloomberg

Citi to lay off 10% of workforce through 2026

byVaidik Trivediand1 others

January 12, 2024

Citigroup’s restructuring efforts, investment in technology and reduction of overhead costs will result in a loss of 20,000 jobs, or...

A BNY Mellon office building in New York, US, on Friday, Jan. 13, 2023. The Bank of New York Mellon reported revenue for the fourth quarter that missed the average analyst estimate. Photographer: Michael Nagle/Bloomberg

BNY Mellon spent $3.8B on tech in 2023

byWhitney McDonald

January 12, 2024

BNY Mellon’s technology spend accounted for nearly 30% of noninterest expenses in 2023 as the bank embraced new technology during...

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GoogleAdServingTest	session	No description
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loom_referral_video	session	No description
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MorganStanley.ClientServ.Common.IPZipAccess.IPZipCookie.DEFAULT_COOKIE_NAME	past	No description
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tableau_public_negotiated_locale	session	No description available.
vary	1 month	No description
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Business Banking

Arc sees 12X originations growth after SVB collapse

APWHY? Public APIs, Automation, and The Strategy Banks Are Missing

Podcast: Grasshopper CEO Butler talks growth

Podcast: Digital bank grows account volumes by 420%

ClearBank eyeing EU license

Truist nears sale of insurance arm to Stone Point, CD&R

Grasshopper Bank tech leader to speak at Bank Automation Summit U.S. 2024

Brex lays off nearly 20% of workforce

Citi to lay off 10% of workforce through 2026

BNY Mellon spent $3.8B on tech in 2023

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