bank technology

Personetics Explores How To Make AI Banking Work For The Bank

Personetics Explores How To Make AI Banking Work For The Bank
Personetics Explores How To Make AI Banking Work For The Bank
October 01, 2018  |  B2B Payments

As financial institutions (FIs) invest in technology in an effort to position themselves more competitively against FinTech firms, the development of so-called chat bots and...

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US Bank Looking To Sell Its Payment Unit, Elan
US Bank Looking To Sell Its Payment Unit, Elan
August 09, 2018  |  Partnerships

U.S. Bank is reportedly looking to sell Elan, its card processing business, reported Fintech Futures. According to the report, Finastra, FIS and Fiserv are in...

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Bad Loans Slow Banks In FinTech Race
Bad Loans Slow Banks In FinTech Race
July 04, 2018  |  Bank Regulation

FinTech startups and big tech may provide competition for established banks that have bad loans on the books, The European Banking Authority (EBA) said on...

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Finastra Acquires Mobile Banking Provider Malauzai
Finastra Acquires Mobile Banking Provider Malauzai
June 18, 2018  |  Banking

Finastra, the FinTech company, announced Monday (June 18) that it has acquired Malauzai, a provider of mobile and internet banking solutions for community financial institutions...

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RBC To Spend More Than $3B On Advanced Technology
RBC To Spend More Than $3B On Advanced Technology
June 14, 2018  |  Artificial Intelligence

Royal Bank of Canada (RBC) is gearing up to spend $3.2 billion on technology with a focus on artificial intelligence, digital products and social media....

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Bank Of America’s AI Assistant Surpasses 1M Users
Bank Of America’s AI Assistant Surpasses 1M Users
June 12, 2018  |  Artificial Intelligence

Bank of America announced Tuesday (June 12) that Erica, its AI voice-activated virtual financial assistant that is available through its mobile banking app, has surpassed...

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Could A Bank-On-Bank Patent War Be Looming?
Could A Bank-On-Bank Patent War Be Looming?
June 12, 2018  |  Legal & Regulation

A recently filed federal lawsuit over remote deposit capture technology (RDC) could signal the start of a wider patent-infringement struggle among banks, according to experts....

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IBM Targets Corporate Banking With The Cloud
IBM Targets Corporate Banking With The Cloud
June 08, 2018  |  B2B Payments

IBM is teaming up with Intellect Design Arena to deliver new solutions for corporate banks, according to a press release on Thursday (June 7). Get the...

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