Fintechs, armed with direct SBA lender status, await more funding
The $349 billion Congress set aside for small businesses as part of the Coronavirus Aid, Relief and Economic Security Act...
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Content to help you do your job better and to promote best practices.
How Fifth Third creates a data-driven CX
Melissa Stevens, chief digital officer, Fifth Third Bank Melissa Stevens, chief digital officer of the 160-year-old Fifth Third Bank, is...
Tuesday: Join the ‘Regulators’ and Financial Institutions’ Pandemic Responses’ Zoom meeting (Subscribers Only)
On Tuesday at 12 p.m. EST, Bank Innovation will host a Zoom meeting for subscribers titled "Regulators' and Financial Institutions' Pandemic...
Inside TD’s COVID-19 tech ‘war rooms’
The coronavirus pandemic has forced many bankers and bank processes to pivot in unexpected ways. For TD, it has meant...
Finance app use spikes with pandemic
The amount of time U.S. consumers spend on mobile finance apps has jumped 35% since the start of the coronavirus...
Moven closes consumer-facing business, pushes customers to Varo
As Moven begins shutting down its consumer-facing businesses, the digital banking platform is funneling its customers to Varo Money. “Moven...
Bank of America customers sent $27 billion through Zelle in Q1
Bank of America customers are shifting toward digital tools. According to data released by the bank, supplementing its earnings call...
PPP fraud risk could run to billions
Last week saw banks and fintechs scrambling to stand up platforms to process Paycheck Protection Program loans, and now the...
Smaller banks innovate ways to handle PPP volume in the ‘scramble’
The Small Business Administration launched its Paycheck Protection Program loans more than a week ago and banks have been racing...
Weekly Wrap: SBA loans, SoFi and Galileo take center stage
One week after the Small Business Administration launched its Paycheck Protection Program, banks and fintechs alike are still navigating best...
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