Square looks to replicate Cash App success with SMBs
Square is looking to replicate the success it has seen with consumers through its Cash App for small businesses. In ...
Tag: earnings
Cap One CEO: Technology drives pandemic response
Capital One is leaning into its technology investments and digital roadmap as it looks to rebound from the economic disruption ...
HSBC reboot fizzles, sending stockholders looking for the exits
HSBC Holdings Plc Chairman Mark Tucker promised a strategy reboot. Investors got what some called more of the same — ...
Ally reports strong deposit growth as it expands lending product suite
Ally Financial this week reported it’s continuing its winning streak in deposit growth. In a third-quarter earnings report, the bank ...
Wells Fargo sees modest growth in ‘digital active’ customers
Wells Fargo’s digital strategy is showing results. In an earnings report Tuesday, the bank confirmed it had 13.2 million “digital ...
BNY Mellon to increase tech spend as cost savings materialize
Bank of New York Mellon expects to continue pouring money into technology in search of efficiencies for the foreseeable future, ...
Capital One to Be Fully on Public Cloud by End of 2020
Capital One Financial plans to complete the exit from its data centers and to go fully into the public cloud ...
Millennials Represent Nearly 3 of 5 New 1Q Account Openings at Ally
The Detroit, Mich.-based online-only bank, Ally Financial, had 120,000 new deposit customers in the first quarter on 2019, CEO Jeff ...
Citizens Access Adds $1.6 Billion in Deposits in Q1
Citizens Access, the digital-only arm of Citizens Financial Group, has attracted $4.6 billion in deposits through the first quarter of ...
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 ...
