95% of millennial-owned SMBs bank online, survey shows
Community banks could have an advantage among millennial small business owners if they can compete with the tech initiatives of...
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JPMorgan, Affirm to offer merchants buy-now, pay-later products
JPMorgan Chase & Co. is broadening its relationships with buy-now, pay-later providers, announcing an agreement with Affirm Holdings Inc. to...
JPMorgan leads quantum computing race
While AI is garnering all the attention when it comes to innovation and funding, major financial institutions are developing quantum...
Banks could lose Gen Z trust with poor tech
Financial institutions that lag in technology may lose the trust of younger consumers. From left: Whitney Stewart Russell, president of...
Jack Ma-backed Ant touts AI breakthrough using Chinese chips
Jack Ma-backed Ant Group Co. used Chinese-made semiconductors to develop techniques for training AI models that would cut costs by...
Inside Valley Bank’s fintech venture fund
Morristown. N.J.-based Valley Bank aims to stretch beyond its regional roots through its venture fund, which has been a source...
Trump administration aims to drop capital requirement for smaller banks
The Trump administration wants to ease regulatory burden for smaller banks, Treasury Secretary Scott Bessent said during an interview with...
Fifth Third: FIs should treat BaaS, embedded finance as ‘long-term assets’
The rising demand for banking as a service and embedded finance presents significant opportunities for financial institutions. From left: Gary...
Nvidia CEO: AI at an ‘inflection point’
Chipmaker Nvidia is betting that data center investment will grow as the mass deployment of AI software requires new age...
Finastra, IBM team up on cloud-based lending solution
Fintech Finastra, has announced an enhanced Lending Cloud Service (LCS) in collaboration with tech giant IBM. (Courtesy/Bloomberg) This strategic partnership...
