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Tag: Bankinnovation

Westlake collaborates with fintech for credit card program

Westlake Financial has launched a credit card rewards program using back-end technologies from embedded finance company Railsr. The Westlake Black Credit Card gives the...

IBM focuses on hybrid cloud, AI

IBM posted increased revenues in software, consulting and infrastructure in the third quarter as the tech company prioritized hybrid-cloud and artificial intelligence (AI) strategies....

Fifth Third to relaunch mobile app

Fifth Third Bank increased its tech spend during the third quarter and is working toward full digitization of its mobile banking capabilities for the...

Goldman Sachs, Apple team up for savings accounts

Goldman Sachs and Apple have launched Apple Card, a savings accounts that allows clients to add funds through a linked bank account or directly...

Citizens to redesign mobile app

Citizens Financial Group is building a new mobile app to meet booming customer demand. The $224 billion bank within the next 12 months will...

Goldman Sachs tech spend climbs 16%

Goldman Sachs increased its technology and communication spend 16% year over year in the third quarter by investing in digital platforms. The $1.6 trillion...

Listen: Driving SME business using payment cards

Fintech partnerships allow smaller financial institutions (FIs) to remain competitive in digital banking. Card issuer Corserv recently received its Visa Ready certification and can...

Truist trims expenses to boost tech investments

Truist reduced expenses while prioritizing long-term investments in talent and technology in the third quarter. The $548 billion bank’s adjusted noninterest expenses dipped 4.8%...

Citi continues tech talent investment

Citi boosted its third-quarter tech spend to invest in technology talent and digital platform enhancements. The $2.4 trillion bank first mentioned in June that...

Bank of America amps up digital efforts

Bank of America increased its technology investments during the third quarter amid increased virtual assistant and digital platform usership. The $3.1 trillion bank in...

What does digital banking have to do with trees (and climate change)? A lot.

Imagine Central Park with trees—the walkways remain ever so astir with the scintillating glint of children playing tag, chasing after their hurried youth, as...

Wells Fargo continues digital focus in Q3

Wells Fargo invested in new platforms, digital capabilities and product launches as its technology spend grew in the third quarter. The $1.9 trillion bank’s...

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