Successful innovation in business requires much more than just a good idea. Strategic planning and having the proper teams and technology are also key,...

PNC is planning to increase spending for its technology development program this year after reducing noninterest expenses through workforce cuts in the fourth quarter...

Greenwood, a digital banking platform catering to black and Latino communities, raised $45 million in new funding this week.The funding round was led...

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%...

Matt Nichols joins proptech startup to scale product engineering efforts MENLO PARK, Calif.–(BUSINESS WIRE)–#inovation—Kukun, the leading proptech platform and originator of property data, home valuations, and homeowner investment solutions, announced today that Matt Nichols has been recruited from Expedia to lead product engineering. Nichols brings expertise from one of the world’s most innovative travel and […]

The post Kukun Hires Former Expedia Technology Leader as Vice President of Engineering appeared first on Fintech News.

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 […]

Industry-leading analytics provide property detail at a granular level to unlock renovation costs and potential gains in equity MENLO PARK, Calif.–(BUSINESS WIRE)–#contractors—Kukun, the leading proptech platform and originator of property data, home valuations, and homeowner investment solutions, today announced the availability of the next generation Estimator solution for consumers to estimate home renovation costs and […]

The post Kukun Launches Next Generation Estimator Product – Giving Consumers Unique Insight When Budgeting for Home Renovation Costs appeared first on Fintech News.

Earned-wage access is now a reality, with U.S. Bank and PNC last month debuting real-time payroll solutions for business customers. On-demand payments availability presents an innovation opportunity for banks, Radha Suvarna, head of enterprise payments strategy and innovation at Citizens, said last week at the Bank Automation Summit in Charlotte, N.C. “We are still in […]

Industry dynamos, Ralph McLaughlin and Dong Xiang, join proptech startup as company grows user base MENLO PARK, Calif.–(BUSINESS WIRE)–Kukun, the leading proptech platform and originator of property data, home valuations, and homeowner investment solutions, announced today the addition of two housing industry veterans to its leadership team. Ralph McLaughlin has been named Chief Economist and […]

The post Kukun Expands Leadership to Include Economic and Data Science Experts appeared first on Fintech News.

Modern banking experiences provider Amount has acquired SMB loan and account origination platform Linear Financial Technologies for $175 million. Founded last February, Linear offers financial services organizations a set of tools to help create a smooth customer experience. The Virginia-based startup provides a digital originations and servicing platform for credit cards, loans, and deposit accounts Read more...

The post BNPL Player Amount Acquires Linear Financial Technologies appeared first on Finovate.

RICHMOND, Va.–(BUSINESS WIRE)–Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Ntiva, a portfolio company of Southfield Capital, on its sale to PSP Partners (PSP). Ntiva is a leading provider of managed IT services, strategic consulting, cybersecurity services, cloud services and telecom solutions. The transaction was led by the Harris […]

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PNC will continue to expand its automation efforts and IT spend in 2022, responding in part to the “Great Resignation,” or the unusually high number of workers quitting their jobs recently. The resignation trend is leading to greater wage pressure for businesses, said PNC Chairman, President and CEO William Demchak during last week’s fourth-quarter earnings […]