The banking world is racing to get smarter via artificial intelligence (AI), but how can intelligence that’s artificial stack up to human expertise and the demands of human consumers? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
It doesn’t look like global banking regulators will be rushing to change their rules for FinTechs anytime soon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Bank of America Merrill Lynch’s Community Development Banking (CDB) announced news on Thursday (Feb. 15) that 2017 was a record year for the firm. The CDB provided $4.53 billion in loans, tax credit equity investments and other real estate development solutions. Get the Full Story...
Think small, goes the saying, to effect big change. For community banks serving small- to mid-sized businesses (SMBs), training an eye on credit cards can translate into additional revenue streams and tap into an unmet need for those SMBs. Get the Full Story Complete the...
Micro-investing app Stash announced it has raised an additional $37.5 million in Series D funding to help it achieve its goal of launching a new banking service in 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
It has been a banner run for closing bank branches, according to reports in The Wall Street Journal, as the mass exodus of consumers to various digital channels has pushed the closure of 1,700 branches in the 12 months ending in June 2017. That is the largest...
Though estimates can vary depending on source, there are a total of approximately 14,000 banks in the United States – and 92 percent of them have less than two billion dollars of assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Another day, another customer trudging into the bank to discuss credit card debt and a lack of savings … over a venti Starbucks latté. It was an a-ha moment for financial guru David Bach, who started cranking out financial management guidebooks for the average consumer....
The U.S. subprime auto-lending market continues to show signs of weakness, leading to increased worries among economists that despite the positive-appearing figures being tossed off by the U.S. economy, blue collar America continues to struggle to pay its bills on time. Get the Full Story...
