New numbers show two of the largest banks in the US are witnessing billions of dollars in deposit flight.
Quarterly earnings data shows Citigroup’s deposits...
Core banking technology innovator Thought Machine has signed a partnership with Intesa Sanpaolo, Italy’s largest bank by total assets. As part of the partnership, the bank has invested $54 million (£40 million) in the U.K.-based fintech. The partnership with Intesa Sanpaolo is the third bank partnership Thought Machine has secured this year. U.K. based core Read more...
Making its Finovate debut nearly seven years ago (as 3E Software), Teslar Software has become a valued strategic partner for community financial institutions across the United States. The firm’s portfolio management solutions aggregate and automate both lending and deposit operations into a single system, enabling them to scale and enhance processes throughout the institution. Just Read more...
Alex Sion, managing director and head of Market Growth at Citi Ventures, will join Bank Automation Summit 2022 for a panel discussion on Wednesday, March 2, at 1:30 p.m. ET at the JW Marriott in Charlotte, N.C. The panel, “Ideation in Banking — The Art of Generating New Products and Services,” will focus on using […]
Florida-based Locality Bank is partnering with banking core vendor Nymbus to provide integrated digital banking services to small business customers, launching this month with a focus on cloud-native community banking and lending. The $35 million challenger bank also has a physical branch for hybrid customers, Chief Technology Officer Corey LeBlanc told Bank Automation News. “We're […]
CBANC, the biggest verified professional network for U.S. commercial banking institutions – and the professionals that run and work for them – announced the launch of its new platform this week. The CBANC Marketplace will host data and information on 1,000 products from more than 450 companies – all designed to meet the unique needs Read more...
