Premium Archives

A Pacific Western Bank branch in Encino, California, US, on Saturday, April 22, 2023. PacWest Bancorp is scheduled to release earnings figures on April 25. Photographer: Morgan Lieberman/Bloomberg

PacWest Bancorp is set to merge with Banc of California and raise $400 million in equity from investors, the financial ...

A sign at the headquarters of Lloyds Banking Group Plc in London, UK, on Monday, March 20, 2023. European stocks slumped on Monday, as UBS Group AGs agreement to buy Credit Suisse Group AG failed to assuage fears about potential global banking turmoil. Photographer: Jason Alden/Bloomberg

European H1 earnings roundup: Tech investment, hires

byWhitney McDonald

July 26, 2023

Banco Santander, Deutsche Bank and Lloyds Bank prioritized efficiency in the first half of the year by leaning into technology. ...

Signage for Mastercard during the Singapore FinTech Festival in Singapore, on Thursday, Nov. 3, 2022. The conference runs through Nov. 4. Photographer: Lionel Ng/Bloomberg

90% of suppliers prefer receiving digital payment

byWhitney McDonald

July 25, 2023

Digital payments are gaining popularity with consumers and suppliers as digital wallets, digital issuance and the overall payments landscape continues ...

State of fintech funding Q2: Fintech funding the lowest since 2017

byVaidik Trivedi

July 25, 2023

The total funding and number of deals in the fintech sector fell in the second quarter in the face of ...

Q2 earnings roundup: Tech spend up as hiring slows among FIs

byVaidik Trivedi

July 24, 2023

Financial institutions looked to automation in the second quarter to reduce costs and create more efficient operations. The $3.2 trillion ...

Discover publishes ML research to benefit banks

byWhitney McDonald

July 24, 2023

Discover Financial Services is making its machine learning research publicly available to peers in an effort to help the industry ...

The Huntington National Bank Tower stands in downtown Pittsburgh, Pennsylvania, U.S., on Thursday, April 2, 2015. Pittsburgh last month announced the creation of the Envision Downtown Advisory Committee, a group of 24 civic and community leaders tasked with improving mobility, accessibility, and livability in the downtown area. Photographer: Ty Wright/Bloomberg

Huntington pushes efficiency in Q2

byVictor Swezey

July 21, 2023

Huntington Bancshares continued its Operation Accelerate initiative to increase efficiency in the second quarter of 2023 as the bank posted ...

Fintech Funding: BMO offers $2.7B in public offering of common shares

European Fintech Funding: Solaris raises $42M, hits unicorn status

byVaidik Trivedi

July 21, 2023

Embedded finance provider Solaris raised 39 million euros ($42 million) in a series F funding round July 11 to strengthen ...

Capital One leans into tech transformation

byWhitney McDonald

July 20, 2023

Capital One continued to modernize its technology infrastructure in the second quarter. The $468 billion bank is making technology-driven improvements ...

A Truist Financial bank branch in Lexington, Kentucky. Photographer: Luke Sharrett/Bloomberg

Truist focuses on tech as EPS falls short

byVictor Swezey

July 20, 2023

Truist Financial invested heavily in technology and related professional services in the second quarter of 2023 as rising expenses overshadowed income ...

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Tag: Premium

Transactions: Banc of California to buy PacWest

European H1 earnings roundup: Tech investment, hires

90% of suppliers prefer receiving digital payment

State of fintech funding Q2: Fintech funding the lowest since 2017

Q2 earnings roundup: Tech spend up as hiring slows among FIs

Discover publishes ML research to benefit banks

Huntington pushes efficiency in Q2

European Fintech Funding: Solaris raises $42M, hits unicorn status

Capital One leans into tech transformation

Truist focuses on tech as EPS falls short

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