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Tag: Bankinnovation

BankiFi, MX partner on account connectivity for SMBs

Embedded finance platform BankiFi announced Tuesday that it is partnering with open banking fintech MX to provide data sharing and account connectivity for businesses...

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Zenus Bank chooses Finxact for digital transformation

Zenus Bank has tapped cloud-native core banking solution Finxact to scale its digital transformation.  The San Juan, Puerto Rico-based bank’s new platform is expected...

ConnexPay raises $110M for tech enhancements

Payments technology platform ConnexPay secured a $110 million investment last week from growth equity firm FTV Capital to help support technology enhancements and grow...

FIS sees rising demand for digital banking solutions

Core provider FIS saw a slight increase in banking solutions revenue in the third quarter as demand for its technology offerings remained strong amid...

Stripe cuts headcount by 14%, prepares for ‘leaner times’

Stripe Inc., one of the world’s most valuable startups, will cut more than 1,000 jobs as it seeks to rein in costs ahead of...

Citi integrates e-commerce billing, payments platforms

E-bill platform Citi Present and Pay has integrated with digital payment service Spring by Citi to create an electronic bill presentment and digital payment...

Consumer Portfolio Services partners with Informed.IQ, Prodigal

Subprime auto lender Consumer Portfolio Services (CPS) inked a pair of fintech partnerships in September to automate credit decisioning and servicing operations that will...

Q&A with Jack Henry Senior Director of Enterprise Integrations Mackenzie Kizer

Core provider Jack Henry continues to invest in its API portal and automation solution as it looks ahead to upcoming projects, including the migration...

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....

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...

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%...

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...

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