Bank of America scored 418 technology patents in 2019
Bank of America obtained more patents last year than any other year in the history of the company. In 2019,...
Retail Banking
Credibly taps Truepic to save money and speed up loan applications
Credibly, a small-business lending company that’s issued more than $1 billion in loans, is using image verification technology from tech...
Weekly Wrap: Challengers court immigrants, as Kasisto evolves ‘banking brain’
Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, Feb. 7, 2019. In this...
Buckets and Boosters: Ally automates saving
Ally Bank is taking a page from fintech startups by rolling out auto-save features to encourage better money habits among...
Customers don’t need a Social Security number for new Remitly bank account
Seattle-based remittance startup Remitly is expanding beyond money transfers to a full suite of banking products for new arrivals to...
Blend piloting digital mortgage closing tool
Blend, a startup that sells its loan application technology to banks, is allowing consumers to close mortgages online. The feature,...
JPMorgan revamps digital strategy team after three leaders exit
JPMorgan Chase & Co. is staking its consumer-banking strategy on digital technology. In 2020, that push will be spearheaded by...
Banking ‘brain’ developer Kasisto raises $22M to expand
While the hype around chatbots and digital assistants may have reached a crescendo years ago, banks and the technology companies...
Majority launches digital banking products for immigrants
Majority, a digital banking platform aimed at immigrant communities, launched to U.S. consumers this week after a four-month beta test....
Digital banking often leads to branch visits, survey says
As consumers increasingly expect to complete bank interactions online, a survey commissioned by Lightico indicates that creating end-to-end digital journeys...
