Transactions: OakNorth buying Michigan-based Community Unity Bank
Digital British bank OakNorth is acquiring Michigan-based Community Unity Bank. The acquisition, announced March 17, will help London-based OakNorth “deepen...
All Posts
Personalization drives consumer loyalty beyond digital
ORLANDO, Fla. —Consumers are looking for streamlined, personalized support from their financial institutions through every type of transaction, from leasing...
Nearly 80% of all U.S. Bank’s retail transactions are digital
U.S. Bank is prioritizing digital banking to build deeper relationships with clients and meet the demands of younger clients as...
Plaid CEO: AI agents could soon represent customers
ORLANDO, Fla. — AI agents could soon be moving money from one bank account to another without being queued by...
Fintech acquires bank to gain banking charter license
SmartBiz, a fintech providing loans to small and medium-sized businesses, has completed its acquisition of United Community Bancshares and its subsidiary,...
Capital One, Discover fall on reports of DOJ antitrust concerns
Capital One Financial Corp. and Discover Financial Services shares fell after a report that staff at the US Department of...
Klarna becomes exclusive Walmart BNPL provider
Swedish fintech Klarna is becoming the buy now, pay later partner for Walmart, further evidence that the IPO Klarna filed...
States could pick up where CFPB left off
ORLANDO, Fla. — The uncertain status of the Consumer Financial Protection Bureau could result in more state-based regulations. From left:...
Banks tap digital tools to drive SMB revenue growth
With small businesses a key revenue driver for banks, financial institutions increasingly depend on digital tools to strengthen their client...
AI strategy varies by bank size
As AI adoption in financial services takes off, financial institutions are approaching its deployment in myriad ways. Jude Schramm, chief...
