Banks are under pressure to slash costs amid weak dealmaking. Citi is cutting jobs but also spending big in a strategy shift.
They launched BMO Bill Connect, which helps SMBs automate bill pay, digitize invoicing, and monitor cash flow.
The mix of flexible working arrangements banks and fintechs offer could create recruitment advantages for opportunistic firms.
Macroeconomic headwinds and tight competition might’ve complicated Affirm’s growth efforts in Australia.
Banks recognize the benefits and risks of AI. Planning for regulation, investing now, and educating staff are all key to embracing the tech.
The country's central bank launched a pilot of the digital real, with hopes of giving the public access by the end of 2024.
Buy now, pay later (BNPL) has thrived because it combines the flexibility of credit with short repayment terms, app-based shopping, and a simple user experience.
The valuations of Revolut and Varo Bank were slashed amid question marks over both neobanks’ bottom lines.
They want banking regulators to look into how banks that offer Zelle protect consumers as fraud concerns grow.
Sen. Brown wants the OCC to discuss the consequences of branch closures with affected communities. But that might not be enough to reverse the trend.
Its report found that many BNPL users have subprime credit scores and are under economic distress—which could increase the case for regulation.
On today's episode, we discuss the fintech investment trends of 2023. In our “Headlines” segment, we look into why 2022’s fintech investments were lower compared to 2021. In “Story By Numbers,” we question the lack of mega deals in 2022 and consider what they may look like this year. And in “For Argument’s Sake,” we focus on future investment strategies in terms of disruption. Tune in to the conversation between our host Rob Rubin, analyst Eleni Digalaki, and Alex Sion, managing director of Motive Create at Motive Partners.
The technology has promising use cases across the banking sector. We highlight where and what banks should do to prepare.
It plans to focus on integrating its newly-acquired startup, Power Financial, and improving business efficiencies.
A lawsuit alleges it issued the wrong loans and is forcing repayment for what should be forgiven. BofA will likely blame government pressure to move quickly.
It isn’t ready to give up on the main street consumer. Moving forward, the unit faces many hurdles to overcome its losses.
Business cards and money links can help address cross-border payment challenges.
Generative AI could revolutionize various verticals within banking. Here's our take on the top four areas where the technology could have the greatest impact.
Europe expands IT budgets in face of recession fears: Artificial intelligence, cloud computing, and software are technology’s bright spots, while devices continue to slump. We look at Europe’s growth opportunities.
The cohort experiences life through social media and mobile devices. Banks must adapt to win their dollars.
One Liberty Plaza9th FloorNew York, NY 100061-800-405-0844
1-800-405-0844sales@emarketer.com