Paul Margarites, head of commercial digital platforms at the $1.4 trillion TD Bank, will join the Bank Automation Summit Fall 2022 speaker faculty to...

Michael Reynolds, business technology senior manager of digitization at KeyBank, will discuss how to use automation to detect and stop fraudulent transactions at the...

The Bank Automation News team is pleased to announce that Michael Beattie, executive vice president and chief technology officer at Kansas City, Mo.-based Lead...

The Bank Automation Summit Fall 2022 agenda is set, with sessions on developing for the cloud, embedded finance and robotic process automation (RPA) governance....

In this Weekly Wrap episode of “The Buzz” podcast, the Bank Automation News team discusses the recent Bank Automation Summit 2022 with recorded excerpts from the panel “Modernizing Commercial Lending Through Automation.” Listen to find out how technology experts are deploying automation for commercial lending success in the wake of disruption and digitization. This episode […]

To poorly automate a process, use technology as the starting point rather than the ideation process, Pepe Porrata, chief operating officer at $731.7 million bank Varo Bank, says in this episode of "The Buzz.” This is because banks can “automate poorly designed experiences that are built to manage unnecessary complexity,” Porrata said. “So you got […]

CHARLOTTE, NC — Cross River Bank’s custom core will be fully deployed on Amazon Web Services by the end of March. The Fort Lee, N.J.-based bank is moving its custom core off a private cloud for increased transaction per second (TPS) power and scalability, both horizontally and vertically, Jesse Honigberg, senior vice president and technology […]

CHARLOTTE, N.C. — In this Weekly Wrap episode of “The Buzz” podcast, the Bank Automation News team pivots to an excerpt from the Bank Automation Summit 2022 held in Charlotte, N.C., March 1-2. Learn how blockchain is being deployed at TIAA and other banks to both automate and solve unique business problems. This episode features […]

CHARLOTTE, N.C. — Legacy technology is a barrier to automating commercial lending at banks. Mainframe systems, in particular, complicate automation, Daniel Seay, Fifth Third Bank’s senior vice president and director of wholesale transformation, said during the “Modernizing Commercial Lending through Automation” session at last week’s Bank Automation Summit. Modern software development and IT operations (DevOps) […]

JPMorgan may be the first bank to open in a virtual world, but Quontic Bank won’t be far behind. The $1 billion Quontic is building a metaverse bank after going fully digital following the shutdown of its New York City brick-and-mortar presence in August 2021. The metaverse, which refers to a network of 3D worlds […]

CHARLOTTE, N.C. — KeyBank’s head of robotic process automation (RPA) hopes to expand his team by up to 30% this year for a total of 120 to 130 people with three more build-run squads, or teams of 10 developers responsible for coding (build) and servicing (run) of an application or bots. “I'm creating a whole […]

John Elton, chief information officer of $40 billion TIAA Bank, said during his fireside chat at the Bank Automation Summit on Wednesday that regulatory compliance is where the bank is “now really beginning to spend a lot of time." While Elton noted that the Jacksonville, Fla.-based bank has always been regulatory compliant, he stressed the […]