Transactions: JPM subsidiary buys LayerOne Financial
JPMorgan subsidiary Neovest Holdings has acquired investment management company LayerOne Financial for an undisclosed sum. Neovest, a fintech for brokers ...
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Dave posts first quarterly profit since going public
For the first time since going public in 2022, digital bank Dave posted a profitable quarter. Dave reported fourth-quarter adjusted ...
Why Fifth Third is forgoing in-house AI development
Technology buzz, both inside and outside the banking industry, is centered on innovation — including the ongoing ramp of cloud ...
Lloyds prioritizes cybersecurity, regtech investment
Lloyds Bank is looking to invest in cybersecurity and technology related to insurance and regulatory monitoring in 2024 amid uncertain ...
JPM exploring synthetic data for AML, software engineering
JPMorgan is exploring the use of synthetic data to streamline its anti-money laundering and software engineering processes. Synthetic data ...
Citizens receives patent for its Digital Butler
Citizens Bank’s virtual assistant, Digital Butler, was granted a patent this week for its “high degree of personalization,” Jo Wyper, ...
5 questions with … ING’s Marco Eijsackers
ING Bank’s Marco Eijsackers, is head of CIO office, where he is focused on developing and deploying emerging technologies within ...
Quantum tech can increase trading speed by 15% to 20%
Quantum tech provider Quantum Dice has developed hardware to make financial services operations faster and more efficient. The Oxford, ...
What bank execs are saying about embedded finance
LONDON — Will embedded finance technology usher in a new era of banking, or is the impact of the technology ...
National Bank of Canada prioritizes cost management in Q1
National Bank of Canada focused on cost management and overall efficiency as it boosted tech spend and pulled back on ...
