Mobile Outpacing Digital User Growth at the Big Four U.S. Banks
The big four U.S. banks are adding more active mobile users than overall digital users on both a quarter-over-quarter and...
Wealth Management
Goldman Sachs Focused on Diversifying Bank after ‘Muted’ Quarter
Reimagined products and services with new technology are on the front burner, albeit over low heat, at Goldman Sachs after...
Mass Personalization With ML Said to Be Limited to Mega Banks Today
Banks increasingly tout the potential for machine learning and artificial intelligence to transform the industry, but how many are deploying...
New Biz Dev Head at BBVA Compass Sets Priorities Around Leveraging Data
BBVA Compass, the U.S. arm of Spanish giant BBVA, has a new head of business development, Jose Luis Elechiguerra, whose...
What Dimon’s Shareholder Letter Reveals About JPMorgan’s AI Approach
Jamie Dimon’s annual letter to shareholders, published this week, would indicate that if the JPMorgan Chase CEO wasn't a believer...
Commercial Banks Turning to Fintechs to Improve Customer Experience, Report Says
U.S. commercial banks are increasingly looking to fintechs to improve customer experience. In fact, a new Fraedom report shows that...
AI-Powered Asset Manager Pagaya, with Sights on Real Estate, Raises $25 Million
Pagaya, a fintech specializing in AI-powered asset management, is expanding into real estate, auto loans, corporate credit, and mortgages after...
SigFig Launches Advice and Sales Platform for Retail Banks and Customers
SigFig, a San Francisco fintech specializing in robo advice, today unveiled SigFig Atlas, an interactive platform for financial advice and...
JPMorgan’s Clampdown on Data Puts Silicon Valley Apps on Alert
The app was quickly becoming a cult favorite among penny-pinching U.S. consumers – and also a bane for their banks. In...
Tencent Sees Payments Growth Driven by Merchant Adoption
Chinese conglomerate Tencent missed the mark overall in the fourth quarter of 2018, but its WeChat Pay showed significant growth,...
