Premium Archives

Synchrony Financial is expanding its distribution network through acquisition and additional product offerings in 2024. The Stamford, Conn.-based company “continued ...

Brex lays off nearly 20% of workforce

byVaidik Trivedi

January 23, 2024

Expense management company and neobank Brex announced today it will lay off 282 employees, roughly 20% of its workforce. The ...

Fintech Klarna CEO signals IPO in U.S. may happen ‘quite soon’

byBloomberg News

January 23, 2024

Klarna Bank AB, the Swedish fintech that was once Europe’s most valuable startup, may soon launch a stock market listing ...

Movers & Shakers: Envestnet CEO Crager stepping down

byVaidik Trivedi

January 22, 2024

Bill Crager will step down as chief executive of wealth tech company Envestnet on March 31. Crager served as CEO ...

U.S. Bank looks to other industries to spark AI innovation

byWhitney McDonald

January 22, 2024

U.S. Bank technology leaders attend the Consumer Electronics Show every year to spark innovation ideas for the bank’s research and ...

A Huntington Bank branch in Troy, Michigan, US, on Thursday, April 13, 2023. Huntington Bancshares Inc. is scheduled to release earnings figures on April 20. Photographer: Emily Elconin/Bloomberg

Huntington CTO to retire

byWhitney McDonald

January 19, 2024

Huntington Bancshares Chief Technology and Operations Officer Paul Heller is set to retire March 1. Heller has built the technology ...

A Fifth Third Bank branch in downtown Nashville, Tennessee, US, on Tuesday, June 13, 2023. Fifth Third Bancorp is scheduled to release earnings figures on July 20. Photographer: Liam Kennedy/Bloomberg

Fifth Third to up tech investment in 2024

byWhitney McDonald

January 19, 2024

Fifth Third Bank expects to increase noninterest expenses slightly in 2024 as technology investment ticks up at the bank. Noninterest ...

Ally sells POS financing business to Synchrony

byVaidik Trivedi

January 19, 2024

Ally Financial today agreed to sell its point-of-sale financing business along with its loan books to Synchrony Financial for an ...

The KeyBank Building Ahead Of Earnings Figures

KeyBank invests in clients, people, technology

byWhitney McDonald

January 18, 2024

KeyBank prioritized its investment in technology during the fourth quarter as it looks to build the bank’s franchise to ensure ...

Truist restructuring costs to reach $225M

byVaidik Trivedi

January 18, 2024

Truist Financial is simplifying its operations through ongoing restructuring efforts, affecting headcount, footprint and innovation. Costs associated with the restructuring ...

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Tag: Premium

Synchrony to expand payments offerings, operations in 2024

Brex lays off nearly 20% of workforce

Fintech Klarna CEO signals IPO in U.S. may happen ‘quite soon’

Movers & Shakers: Envestnet CEO Crager stepping down

U.S. Bank looks to other industries to spark AI innovation

Huntington CTO to retire

Fifth Third to up tech investment in 2024

Ally sells POS financing business to Synchrony

KeyBank invests in clients, people, technology

Truist restructuring costs to reach $225M

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