Premium Archives

Transactions: Mastercard, bunq team up for open banking, AI

June 5, 2024

Card giant Mastercard and digital bank bunq are teaming up on open banking and AI, the companies announced this week ...

A seal at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., on Saturday, April 16, 2022. The Credit-reporting company TransUnion is an "out-of-control" repeat offender engaging in deceptive marketing practices the CFPB alleged this week after filing a lawsuit. Photographer: Samuel Corum/Bloomberg

New rule makes BNPL sustainable in long term, experts say

byVaidik Trivedi

June 4, 2024

The new Consumer Financial Protection Bureau rule putting buy now, pay later providers in the same category as credit card ...

A BNY Mellon office building in New York, US, on Friday, Jan. 13, 2023. The Bank of New York Mellon reported revenue for the fourth quarter that missed the average analyst estimate. Photographer: Michael Nagle/Bloomberg

BNY Mellon adds PayPal, Venmo to automated routing solution

byWhitney McDonald

June 4, 2024

BNY Mellon’s automated smart routing solution decides which payments rail to send transactions through behind the scenes, without burdening clients ...

U.S. Bank reaps returns on $8B tech investment

byVaidik Trivedi

June 3, 2024

U.S. Bank is realizing gains from the $8 billion it has invested in technology since 2019 as it remains focused ...

nCino on track to spend $110M on R&D this year

byVaidik Trivedi

May 31, 2024

Cloud-based fintech nCino aims to spend nearly $110 million on research and development for AI and digital banking tools this ...

What will it take to satisfy CFPB on AI-based credit decisioning?

Movers and shakers: Green Dot appoints Caine to head BaaS

byWhitney McDonaldand1 others

May 31, 2024

Digital bank and fintech Green Dot has appointed Renata Caine as the general manager of its banking-as-a-service division. “BaaS will ...

Fintech funding: Kudos raises $10.2M

byWhitney McDonald

May 30, 2024

Global fintech funding dropped to a four-year low in the first quarter of 2024 but the number of deals ticked ...

Royal Bank of Canada (RBC) headquarters in the financial district of Toronto, Ontario, Canada, on Thursday, Aug. 24, 2023. Royal Bank of Canada said it plans to cut as much as 2% of its full-time equivalent staff in the coming quarter after a surge in expenses weighed on third-quarter results. Photographer: Cole Burston/Bloomberg

RBC to save $541M with HSBC integration

byVaidik Trivedi

May 30, 2024

Royal Bank of Canada is on target to fully integrate HSBC Canada into its operations within the next two years. ...

Deals and Dollars: French digital business bank raises $554 million

Transactions: Cache Valley Bank selects Finastra for core and digital banking

byVaidik Trivedi

May 29, 2024

Cache Valley Bank has selected fintech Finastra for its core banking and digital banking offerings. The Logan, Utah-based bank will ...

Banks and investment firms have been less vocal about their climate efforts after Republicans have spent more than two years attacking the environmental, social and governance strategy that the finance industry embraced. Photographer: Chloe Ellingson/Bloomberg

BMO leans into cloud modernization, AI in Q2

byWhitney McDonald

May 29, 2024

BMO continued to deliver on its digital-first agenda during its fiscal second quarter 2024 with AI, data and overall modernization ...

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Tag: Premium

Transactions: Mastercard, bunq team up for open banking, AI

New rule makes BNPL sustainable in long term, experts say

BNY Mellon adds PayPal, Venmo to automated routing solution

U.S. Bank reaps returns on $8B tech investment

nCino on track to spend $110M on R&D this year

Movers and shakers: Green Dot appoints Caine to head BaaS

Fintech funding: Kudos raises $10.2M

RBC to save $541M with HSBC integration

Transactions: Cache Valley Bank selects Finastra for core and digital banking

BMO leans into cloud modernization, AI in Q2

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